Finance and markets

In Australia, ETFs are synonymous with passive investing. In the US, they’re anything but, as investors pump their portfolios with leverage and shorts.

While data remains largely anecdotal, a raft of new deals suggests the NPP's fledgling PayTo feature is gaining traction and accelerating the take up of real-time payments.

Global payments and business services fintech Airwallex has obtained an Australian Financial Services licence allowing it to expand its cash management offer.

Andrew Irvine took over NAB at a high point for the lender. But now things are slowing a strategic review will guide how much his predecessor's strategy needs to be "evolved".

Australian markets have matched their US counterparts in reaching record highs — even though the factors behind Wall Street's remarkable rally don't apply here.

While the defence tech company has a compelling story to tell, it clearly looked wildly overvalued. And a Capital Brief story on short sellers willing to bet on that was enough to send its share price plummeting.

Global fintechs like Volt and GoCardless are attracted to Australia's consistent growth in real-time payments, driven by customer behaviour and business demand.