The biggest threat to the Australian mortgage industry
Only a few weeks remain until the royal commission hands down its final report. Its recommendations could be deadly in the hands of overzeal
Breaking
Former ASIC EGM to review customer-owned banking code
The former executive general manager of ASIC has been appointed to review the Customer-Owned Banking Code of Practice.
Housing market weakness to ‘erode’ government revenue
The slowdown in housing market conditions has offset GST revenue gains generated by Australia’s state governments, according to Moody’s
Clearance rates drop 18.7% across capitals
A rise in auction activity has coincided with a drop in clearance rates, according to the latest research from CoreLogic.
Home loan rejection rate hits 40%
The home loan rejection rate is up 32 percentage points year-on-year in an environment of tightened lending standard, slowing credit growth,
Citi Australia on look out for new chief
The global investment bank is set to begin its search for a new chief, after its CCO was appointed to head one of its foreign divisions.
CBA to take $169m hit amid operational changes
The Commonwealth Bank is set to absorb millions in costs associated with its disposal and demerging of subsidiaries.
Commercial real estate transactions fall 10%
The CBRE has reported that the total amount of commercial real estate transactions fell by nearly 10 per cent in 2018, the lowest levels rec
Sharene Dearlove
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