Innovation

Feb 20 2020

The financial services group has reported strong growth in its Australian reverse mortgage book, helping to list its market share to 26 per cent.

Feb 14 2020

The diversified banking business has reported strong settlement growth in its direct lending channel, while total banking and wholesale settlements showed marginal growth.

Feb 11 2020

The federal Labor opposition has resisted the federal government’s push to legislate the Business Growth Fund after what MPs have described as a “woefully inadequate” consultation process

Jan 22 2020

Australia’s annual rate of GDP growth is set to continue floundering over the coming decade, compounded by a lack of monetary policy support, according to ANZ Research.

Jan 16 2020

The prudential regulator’s former curbs on interest-only lending will continue to serve as a “drag” on housing credit growth, despite being scrapped over a year ago, according to ANZ ...

Jan 14 2020

Annual housing credit growth has slowed to its lowest level on record, according to an analysis of the latest data. However, the slump is “not inconsistent” with the rebound in the housing ...

Dec 27 2019

As the RBA struggles to hit its inflation and unemployment targets, and unconventional monetary policy looms, the debate wages over whether or not the federal government should be stepping ...

Dec 10 2019

Banks and financial institutions contributing to the Australian Business Growth Fund will be able to apply a new risk weight to their investment, according to APRA.

Dec 3 2019

CoreLogic data has revealed that Sydney dwelling values increased by 2.7 per cent between October and November 2019, the largest month-on-month gain in 31 years, contributing to the largest ...