Explore the Reserve Bank of Australia, its role in monetary policy and currency management, its history since 1960, and how it drives Australia's economy.

The country's four major lenders reported a decline in their net profits for the fiscal year ended Sept. 30. Australian banks have faced higher operating costs and tougher competition in the mortgage ...

Is there any upside for bank shares? The post Australian Bank Stocks: Which ones look like a buy (and which don't) appeared ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. It will provide Australian FinTechs, payments businesses and banks with ...

The prospect of higher mortgage repayments is back on the table for Australian households, and the nation’s top economists ...

Australia's central bank this month considered whether a rise in interest rates might be needed in 2026 given a recent pick up in inflation, but felt it would take a "little" time to know for sure. Mi ...

Amid an increasingly competitive banking environment in Australia, ANZ Group stands out. While the bank isn’t immune from retail headwinds, its skew toward the institutional side offers valuable ...

An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if depositors decide to withdraw all ...

An Australian bank announced this week that it will stop funding loans for new gas and diesel cars in 2025 to encourage the shift to electric vehicles. "We think that the responsible thing for us to ...

SYDNEY, Feb 8 (Reuters) - A run of strong earnings and stock market outperformance at Australia's "big four" banking giants is set to fade later in 2023, investors said, as funding costs rise while a ...

Nov 30 (Reuters) - Potential economic downturns caused by climate change could pose risks to the loan books of Australia's top five banks without resulting in any severe stress to the system and the ...

Bank Australia has announced it will stop funding loans for new fossil-fuel-powered cars from 2025 onwards, reports The Guardian. The company argues that denying loans for new fossil-fueled vehicles ...