Push for tighter caps on credit card limits
How long is too long to spend paying off a credit card debt?
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Clancy Yeates
Clancy Yeates writes on business specialising in financial services. Clancy is based in our Sydney newsroom.
Crackdown on interest-only loans tipped to ease
Banks could soon partially unwind some of the tighter credit conditions being felt by many property investors, one of the country's biggest mortgage brokers predicts.
Low real estate listings, sales whack McGrath earnings
The challenging housing market has taken its toll on listed real estate agency McGrath, whose full-year net profit dropped 42 per cent to $4.9 million amid low real estate listing volumes.
Raking it in: Australia's top 10 paid CEOs
Only eight chief executives of Australia's 100 biggest listed companies missed out on a bonus last year, says a new report that suggests performance hurdles for many bosses should be higher.
Motor claim costs to squeeze IAG margins
The growing sophistication of bumper bars is pushing up motor insurance claim costs, causing more cars to be written off and crunching the profit margins of Insurance Australia Group.
IAG shares drop as insurer sees tougher times ahead
Insurance Australia Group shares have dropped more than 7 per cent after the insurer said profit margins would narrow in the year ahead, amid high claim costs.
'Astounding': CBA facing potential class action over Austrac scandal
The Commonwealth Bank faces a potential investor class action over its disclosure of more than 53,000 alleged breaches of anti-money laundering laws, following a sharp fall in its share price when the scandal emerged earlier this month.
Banks face shareholder battle over BEAR
Banks are on a collision course with some of their key shareholders over Scott Morrison's plan to give the prudential regulator stronger powers to intervene in senior bankers' pay packets.
Xinja seeks up to $15 million amid push for start-up banks
Xinja, which hopes to lead a wave of new digital start-up banks, says moves to relax the strict licensing regime for the industry are already making investors more willing to back small challenger banks.
Canberra chaos poses a threat to investment
The dual citizenship chaos engulfing the government risks damaging how Australia is viewed by foreign investors and could threaten much-needed business investment, corporate leaders have warned.
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