The financial regulator has issued draft guidance to banks, insurers and superannuation trustees on managing the financial risks of climate change.
Colin Brinsden, AAP Economics and Business Correspondent
Australians have been keen to spend more on entertainment, travel and homes as they leave the fears of the coronavirus behind, a Commonwealth Bank report shows.
The boss of one of Australia’s major banks says low interest rates have created an unusual situation for people facing an age-old property conundrum.
Afterpay says its working towards becoming a public company in the US, after sales in North America outstripped those in Australia and New Zealand.
Australia's house price boom is a positive for the credit standing of banks, developers and material suppliers, Moody's Investors Service says.
Accenture Research has found Buy Now Pay Later service provider Afterpay provided $3 billion in net benefits during last year's recession.
Bosses at two of Australia's big four banks has now backed predictions that house prices will rise by at least 10 per cent, while REIWA has gone one step further.
The chief executives of NAB and ANZ have told a House committee they see clear and widespread signs of businesses being on the path to recovery.
Bank of Queensland's first-half cash earnings and profit have risen, helped by an increasing number of Australians borrowing to buy a home.
A huge wave of bank branch closures across Victoria could soon pass 100, and there are calls for future cuts to be revealed. See the list.
Australian housing prices are surging thanks to buyer demand and dirt cheap home loan rates. But will the boom continue?
WA’s small businesses have been offered reassurance from Australia’s banking watchdog that they will be spared future lending restrictions but some are still wary of borrowing more.
Westpac bank has been taken to court for allegedly charging hundreds of customers for a product they didn't sign up for.
Federal watchdog rubber stamps new risk governance processes for Westpac after money laundering bust, but boss urges staff to get working for improvements.
A Federal Court judge has fined Commonwealth Bank $7 million after saying the rate rort calls for a response that “goes beyond the mere cost of doing business”.
The Reserve Bank has left its key interest rates at a record low at its monthly board meeting, while warning it is monitoring developments in the heated housing market.
Australia’s banks have revamped their guidelines to help bank staff identify signs of financial abuse against family members and elderly people.
The Australian banking industry has updated its guidelines in a bid to prevent cases of financial abuse against family members and elderly people.
Regulator ASIC is suing the Commonwealth Bank after the latter wrongly charged nearly one million customers almost $55 million in monthly fees.
There were 67 suburbs across Perth that recorded an increase in median house sale price during March as overall sales rose 1.8 per cent. Here’s the top five ...
Kim Macdonald and Matthew Burgess
Those who plan to fix mortgages should do so within months, after a major bank revealed fixed interest rates were likely to increase in the second half of the year.
With house prices on the rise, you might be tempted to dip into the increased equity of your home through a reverse mortgage. Here’s why that’s perhaps a last resort.
Two WA branches are among 48 across the country being closed or amalgamated by Westpac in what is the largest branch shut down by a major Australian bank. SEE THE FULL LIST
Anthony Keane & Glen Norris
Announcing a $6.3m half-year profit, the mutual says its loans weren’t hurt as badly as expected by the pandemic.
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