Mortgage lending fell as COVID-19 loomed
The value of new mortgages fell in February, even before the most serious coronavirus lockdown measures were in place.
APRA won’t issue new banking, insurance and superannuation licences for at least six months due to the uncertainty caused by the coronavirus pandemic.
Bank of Queensland has deferred paying shareholder dividends after APRA urged banks to reconsider them amid uncertainty due to the coronavirus pandemic.
IAG chief executive Peter Harmer intends to retire by the end of 2020 after five years in the role.
Neobank 86 400 has raised $34 million from outside investors in one of the largest series A rounds in Australia to date.
ASX-listed Zelira Therapeutics shares have surged 27 per cent after a clinical trial showed its drug formulation is an effective treatment for insomnia.
Australia’s trade surplus in February was $4.36 billion as measures to control the COVID-19 pandemic took a toll on exports.
PNG and Alaskan-focused firm Oil Search is embarking on a $1.16 billion capital raising to withstand an prolonged period of low oil prices.
QBE Insurance has named AXA XL’s Jason Harris as its next chief executive of international operations after Richard Pryce said he would retire.
Australians are likely to see the cash rate of 0.25 per cent remain for at least three years, an economist says, after the RBA chose not to change the rate.
The Reserve Bank of Australia board will meet on Tuesday to discuss whether the quantitative easing measures launched a fortnight ago need tweaking.
Scammers are trying to capitalise on the federal government’s plan to allow people financial relief by accessing part of their superannuation.
The ACCC has paused two NBN inquiries due to the COVID-19 pandemic and granted regulatory relief to internet providers dealing with a surge in demand.
Jobs website Seek has postponed its dividend and is allowing customers to forgo monthly spending obligations to help them during the coronavirus pandemic.
Greater Shepparton has its first confirmed case of COVID-19, the state government has said in a statement today. The News understands the person was tested at Goulburn Valley Health. Another person has tested positive for the virus in Gannawarr...
GV Health have confirmed that a person being treated for COVID-19 at the hospital has died.
Greater Shepparton has its second confirmed case of COVID-19, the state government has said in a statement today. Goulburn Valley Health have confirmed that a second person who tested positive for COVID-19 recently returned from overseas.