Australia is amidst a severe property bubble and it can’t be ignored, warns Lindsay David, the author of Australia: Boom to Bust. But not everyone is worried.
David Murray has again warned banks about complacency, and says his Financial System Inquiry needs to ensure banks are ready for an inevitable market correction
The interim report of The Financial System Inquiry has re-opened the debate over the independence of aggregators and brokers, and an industry leader has claimed this independence could be under threat
The Financial System Inquiry has handed in its interim report, and has claimed the lending market in Australia is competitive
David Murray has questioned whether stability pacts hinder competition in the Australian banking sector, and has promised the upcoming Financial System Inquiry will explore the issue.
A major bank has recorded half-year profits of over $4.27bn, while rebuking claims the bank receives an unfair advantage.