Premium housing market starting to soften
Australia’s premium housing market has softened more than its more affordable segment, according to the latest CoreLogic Decile Report.
‘Negative’ credit conditions expected from RC: Moody’s
Global ratings agency Moody’s has joined a chorus of analysts forecasting tighter mortgage policies as a result of the royal commission’
CBA grilled over interest rate charges
The major bank has been scrutinised by the financial services royal commission over its response to a technical error that more than doubled
Lending curbs to see average Sydney deposit hit $369,542
APRA’s latest effort to control the mortgage market will force the average Sydneysider to fork out a $369,542 deposit for a median-priced
China’s debt a risk to Australia, warns RBA
Reserve Bank of Australia governor Philip Lowe has warned that China’s “highly indebted economy” poses a threat to prosperity in Austr
S&P flags risks of reduced access to refinancing
The ratings agency has warned that a further tightening in lending standards could limit borrowers’ ability to reduce financial stress by
Fed Court finds major bank engaged in ‘unconscionable conduct’
Justice Beach of the Federal Court today found that a major lender engaged in unconscionable conduct under s12CC of the Australian Securiti
ANZ admits to ‘unacceptable’ banker oversight
The major bank has conceded to the royal commission that there were a “number of errors” in an “unacceptable” loan application it ap
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