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Aussies in the dark on credit card rates
New research has revealed the majority of Australians are unaware of their credit card rates and fees.
ECONOMY • Mon, 07 Sep 2015
More Australians favour digital banking
The number of Australians undertaking “mobile-only banking" has tripled in just three years, according to Roy Morgan Research.
ECONOMY • Sun, 06 Sep 2015
Top economist slams APRA lending crackdown
A leading Australian economist has hit out at the prudential regulator’s decision to curb investor lending and questioned its 10 per cent speed limit.
LENDER • Thu, 03 Sep 2015
Genworth appoints new C-suite exec
Genworth Australia has announced the appointment of Andrew Cormack to the role of chief risk officer (CRO).
ECONOMY • Wed, 02 Sep 2015
Another rate cut forecast for 2015
The odds of a further cash rate cut this year are growing, with predictions it could happen as early as today, according to financial comparison website RateCity.
ECONOMY • Mon, 31 Aug 2015
Fannie Mae launches lower income mortgage
US-based mortgage giant Fannie Mae has unveiled a new lending option aimed at helping borrowers with lower and moderate incomes access an affordable and sustainable ...
LENDER • Wed, 26 Aug 2015
Australian SMEs cautious over currency risk
Australian SMEs are the world’s most advanced users of currency risk hedging tools, according to new research by Associated Foreign Exchange (AFEX).
ECONOMY • Tue, 25 Aug 2015
More Australians paying down debt
More Australians are choosing to forgo holidays and other luxuries in favour of paying off debt, according to a new survey by homeloans.com.au.
ECONOMY • Wed, 19 Aug 2015
Accounting firm to finance SMEs
A sizeable player in the accounting sector has opened up a new finance arm targeting small businesses, as it aims to better service its existing client base.
LENDER • Sun, 09 Aug 2015