Australia's non-bank lenders have now been mandated to share interest rates, fees, and eligibility via the Consumer Data ...
In its statement, the RBA said that inflation was "still too high," which warranted to keep the cash rate unchanged ...
Australia's central bank held its benchmark interest rate at 4.35% for the eighth meeting in a row. The Reserve Bank of Australia wrote in its statement that "inflation has fallen substantially since ...
SYDNEY, May 27 (Reuters) - A looming slowdown in mortgage lending, higher provisions for souring loans and rising interest rates are darkening the outlook for Australian banks, pushing investors away ...
SYDNEY—Australia said it would review its central bank, including whether a focus on targeting inflation is fit for purpose, after officials faced widespread criticism for responding too slowly to ...
May 13 (Reuters) - Australia's largest lender, Commonwealth Bank ⁠of ⁠Australia (CBA) lost nearly A$30 billion ($21.7 billion) in ⁠value as its shares slid on Wednesday, after it set aside more cash ...
Dec 16 (Reuters) - Australia's Xinja Bank will give up its little over a year-old banking license and return more than A$500 million ($377.8 million) in deposits, the digital bank said on Wednesday, ...
The Reserve Bank of Australia (RBA) has published its first quarterly statistical disclosures on the reliability of banking payment services to households and businesses in a bid to increase ...
Full-year expenses to rise by A$130 million Q3 NIM rises by 8 bps vs H1 quarterly average Q3 Business lending grows 4%, home lending volumes rise 2% Credit impairment charge A$254 million in Q3 Aug 18 ...
You may have heard this before. Australia is emerging from a global crisis more swiftly and in better shape than almost anywhere else in the world, giving its banks and the corporates they advise a ...