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Major banks update home lending policy

Two of the big four banks have updated their home loan serviceability assessment policy in response to APRA’s regulatory amendments. ...

by Eliot Hastie

Aus ETFs surpass $50bn

The Australian exchange-traded fund industry has overtaken the $50-billion milestone, according to the newly published report by BetaShares....

by Sarah Simpkins

Union demands government action on credit insurance

The Finance Sector Union of Australia has urged government action on consumer credit insurance and bank cultural issues following ASIC’s r...

by Sarah Simpkins

Banking reputation at rock bottom

One chief executive has said that the reputation of bankers was at rock bottom and hoped that it would not get any worse. ...

by Eliot Hastie

Investment complaints surge

Consumer complaints relating to investment and advice rose by 69 per cent in the first six months of the Australian Financial Complaints Aut...

by Sarah Simpkins

Yield-starved investors given alternative

A new investment product has been launched for investors across Australia that are struggling to find yield.  ...

by Eliot Hastie

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