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More and more Aussies are lying on their home loan applications, as cost-of-living pressures continue to bite, according to one financial tech company.Fortiro works with big banks and lenders to detect fraudulent documents.Co-founder Sean…

It was a positive start to the week for the Australian share market which rallied on Monday as investors raised their bets that the Federal Reserve and other central banks had finished raising interest rates.Josh Gilbert, market analyst at…

The Australian share market closed higher Tuesday as a late rally in financial stocks offset sharp losses in the materials sector.The S & P/ASX200 gained just 0.1 per cent, or 7.8 points, to reach 6,780.7. The All Ordinaries also rose,…

There are warnings that the federal budget could see interest rates hiked above 4.1 per cent, plunging Australians into a world of financial pain.Betashares chief economist David Bassanese said Treasurer Jim Chalmers’ budget was…

US financial authorities seized California’s troubled First Republic Bank on Monday and sold it to JPMorgan Chase, hoping to bring to a close a two-month banking crisis that has spooked the financial system.First Republic became the…

Three of Australia’s big banks are expected to report a whopping $11.7 billion in profits.National Australia Bank, ANZ and Westpac are predicted to report the staggering profits in interim cash earnings, a jump of 27 per cent compared to…

The wallets of consumers who drink staple refreshment orange juice will feel the squeeze as harvesting and production issues threaten supply across the globe.New data by Dutch banking firm Rabobank has revealed smaller-than-expected…

Yet another expert has issued a grim recession warning, predicting a downturn was “pretty likely” with far more financial turmoil ahead.Speaking with the Financial Times this week, former US Treasury Secretary Henry “Hank” Paulson joined…

An Australian bank boss has warned the nation to brace for higher banking costs and a potential financial crisis, saying households and businesses are yet to feel the impact of recent overseas banking turmoil. The aftershocks of the sudden…

Despite the crisis in banking which many have put down to interest rate rises, they’re still going up. The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation…