Call to close the deposit gap 17 July 2015 4:14PM A number of submissions to the Senate Standing Committee on Economics inquiry into home ownership agree that the main reason fewer young people are buying houses is the widening deposit gap and they c.. read more
RBA recommends a review of negative gearing 16 July 2015 4:33PM The Reserve Bank has recommended that Australia's negative gearing rules be reviewed, telling a Senate committee inquiry into home ownership that it was not in the interests of financial stability to.. read more
APRA prepares for more rules on 'risky' housing finance sector 16 July 2015 4:33PM The Australian Prudential Regulation Authority is ready to follow up the steps it took in December to limit investor lending if it sees the need to take further measures to contain housing market risk.. read more
LinkedIn is favoured news source for finance professionals 16 July 2015 4:30PM Finance industry professionals using social media as a source for industry news have a strong preference for LinkedIn over facebook or Twitter. read more
Hockey's RMBS selldown flops 15 July 2015 3:35PM The Australian Office of Financial Management has again fallen well short of its target for the sale of its holdings of residential mortgage-backed securities, accepting bids for only A$96 million of.. read more
Interest rate benchmark reform making progress 15 July 2015 3:32PM Administrators of the world's leading interbank interest rate benchmarks are making progress in reforming their benchmarks and are on track to implement enhanced benchmarks towards the end of next yea.. read more
Average debit transaction size falling - slowly 15 July 2015 3:32PM One of the claims made for contactless payment technology is that it has encouraged merchants to accept smaller payments from consumers and this is hastening the move away from cash payments. The late.. read more
Business lending falls 14 July 2015 4:08PM Banks hoping for a pick-up in business lending will be frustrated to learn that there has been no clear trend in the commercial finance market this year. read more
Personal insolvency numbers at a 10-year low 14 July 2015 4:07PM Personal insolvency numbers fell in Australia during the year to June. read more
Mutuals don't appeal to young consumers 03 July 2015 4:18PM Mutuals have trouble attracting the business of young people, according to new research. read more