Big bank nets big profit but warns economy is slowing
CBA boss says economy is is faced with 'higher interest rates and inflation placing uneven pressure on household incomes'.
CBA boss says economy is is faced with 'higher interest rates and inflation placing uneven pressure on household incomes'.
Federal Labor policy changes for capital gains tax concessions and negative gearing appear to have prompted a decline in mortgage applications, a bank says.
It's a case of jobs, jobs, jobs in the West Australian goldfields as miners chase high commodity prices, rush to restart operations and build new plants.
At a time when households face higher insurance premiums across the board, the industry is being warned not to penalise customers paying monthly or quarterly.
Regulator says super trustees 'still not doing enough to protect members from harmful advice and inappropriate investments'.
A top rating agency has reiterated its confidence in Australia's ability to pay its bills, while hinting at potential longer-term issues with its NDIS spending.
Generation X, which sits between Baby Boomers and Millennials, are the subject of a new Australian study into how they feel about their financial future.
New study shows 'forgotten population' may have to take their mortgage debut way into their retirement.
Budget measures have not done enough to quell Reserve Bank concerns about spending or curbing inflation.
Two supports for small businesses will be made permanent as part of a $3.5 billion tax relief package outlined in the federal budget.