Higher borrowing costs are impacting upon small businesses, driving away customers and damaging investment plans, according to a new report….
Higher borrowing costs are impacting upon small businesses, driving away customers and damaging investment plans, according to a new report….
The value of Australian merger and acquisitions activity is due to hit heights not seen since 2007, following a series of deals worth $17 bi…
Start-ups operating in Australia’s $93 billion tourism sector could be boosted by federal government moves to encourage more hotel and res…
Julia Gillard has attacked Australia’s banks, accusing them of undermining the economic recovery with interest rate rises. �…
ANZ has risked the wrath of its customers by raising its standard variable mortgage rate by 39 basis points. The bank followed the Commonwea…
The value of funds covered by the government’s banking guarantee scheme has fallen from $161.7 billion to $144.1 billion in the year to Oc…
Nearly 400,000 jobs will be added to the workforce over the next 18 months as the unemployment rate plunges towards 4.5%, according to Treas…
The Federal Government is set to reveal a $3 billion surplus for 2012-13 later today, despite a $10 billion revenue slump. The higher dollar…
Political and media scrutiny on the banks doesn’t look likely to abate this week, with shadow treasurer Joe Hockey challenging his opposit…
Concern lingers over Australians’ consumer spending after new figures reveal that retail sales rose by just 0.3% in September from the pre…
The ‘big four’ banks have come under sustained media and political criticism after Westpac announced a $6.3 billion annual profit. The r…
Federal Treasurer Wayne Swan has savaged the Commonwealth Bank for a “cynical cash grab” after the bank raised mortgage rates by close t…