A new survey has surprisingly found more than half of Australians are happy for an AI agent to do this on their behalf.
Blair Jackson
Lonergan Edwards & Associates said the $145m offer by BoM exceeded its valuation of between $127m and $143m for the capital markets arm.
Sean Smith
WestpacIQ says Australia’s $175b data-centre boom could rival the LNG boom of the 2010s and add to rate pressure and inflation, as ANZ warns AI risks are growing.
Ryan Johnson
Mortgage applications from first homebuyers are in the worst freefall since 2022 and sales of brand new homes have tanked, calling into question Labor’s Budget plans to boost housing supply.
Stephen Johnson
Getting close to retirement and still paying off the mortgage? This hack allows you to use some of you super to help clear the debt while also making sure you can top up your nest egg.
Nick Bruining
Signals from senior Reserve Bank officials this week that it will not tolerate higher-for-longer inflation has prompted Citi to push out its terminal forecast for the official cash rate.
Daniel Newell
Lending rules introduced during the pandemic five years ago are being blamed for locking out first home-buyers and restricting the supply of new housing.
Brett McKeon founded AFG in 1994 alongside Kevin Matthews, Malcolm Watkins and the late Brad McGougan, running the company until transitioning to a non-executive directorship seven years ago.
The big four bank’s boss has called for more investment in Australian oil and gas, declaring that ‘fuel security is economic security’.
Adrian Rauso
In a grim warning to mortgage holders, experts say it is just a matter of when before interest rates soar to a 15-year high.
Blair Jackson and Cameron Micallef
The collapse of Sydney builder Bathla Group rings a warning bell for those investing in high income-paying investments, collectively called ‘private credit’ funds. Here’s how to check if your funds are at risk.
The Australian sharemarket has fallen despite a strong lead from Wall Street – with miners and energy stocks dragging the market.
Cameron Micallef
The Reserve Bank has warned it still has a job to do on inflation as a Senate inquiry hears younger Australians and first-home buyers are bearing the brunt of rate hikes.
Ria Pandey and Cameron Micallef
The double whammy hit of higher interest rates and the Federal Government’s property tax shake-up have brought mortgage applications to a three-year low.
Cheyanne Enciso
Hundreds of thousands of Australians will get a slice of a $249m settlement following a class action against Commonwealth Bank and two fund managers.
Australians are promised $1.6 billion in surcharge savings but rewards cardholders with the big four bank face higher rates, fewer perks and weaker insurance. Here’s everything you’re about to lose ...
Fallout from scandal-plagued KPMG is growing after one Aussie bank opted to dump the consultancy firm as its preferred auditor.
Emma Kirk
Australia’s inflation battle is moving in the right direction – but economists are warning mortgage holders should still brace for the worst news.
Documents containing explosive allegations of secret commissions, tax avoidance and misuse of client funds at KPMG have been tabled in parliament.
National Australia Bank chief executive Andrew Irvine has urged the Federal Government work with business and move faster to lift productivity by embracing AI — or risk entrenching low growth.
More than seven in every $10 exposed to scams at Bankwest involved customers aged over 55.
From takeaway spending to 20 per cent deposits and home equity, Perth mortgage broker Bianca Patterson explains the home loan rules borrowers still get wrong.
The Perth-based mortgage bellwether behind one in nine Australian home loans says borrowers pulled back after the Budget, but upgraders are starting to venture back in.
Australia’s financial crimes agency has identified co-ordinated mortgage fraud that could reach into the hundreds of millions of dollars following a review of the country’s major banks.
Richard Henderson