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Bluestone lowers serviceability buffer

The mortgage lender has lowered its serviceability buffer from 2 per cent to 1.5 per cent for certain borrowers, in a bid to ...

Serviceability resilience ‘surprising’ in high rate environment: CoreLogic

Households have remained resilient in servicing increased mortgage costs despite interest rate rises, CoreLogic’s head of ...

Signs of credit risk improve despite higher rates

Credit risk has shown a positive turnaround towards the end of 2023, despite rising interest rates, new data has found.

SA’s rental reforms impact investor tenancy terminations

Recent reforms in South Australia’s residential tenancy laws will implement specific grounds for terminating or declining to ...

E-conveyancers ‘investing heavily’ following UK cyber attack

Local e-conveyancing providers are “taking several steps to ensure we remain vigilant” in the aftermath of the cyber attack ...

BOQ to address disadvantages and invest in ‘legacy issues’

The lender has confirmed it will put further investment into addressing “historic” issues, including developing its digital ...

Residential housing values top $10.2tn

The value of Australia’s 11 million residential homes has topped $10.2 trillion for the first time.

Christmas comes early: RBA holds

The central bank has held the official cash rate steady in the lead-up to the holiday season.

ACCC made ‘fatal mistake’ in blocking ANZ/Suncorp merger: ANZ counsel

The consumer watchdog has made a “fatal mistake” when it knocked back ANZ’s $4.9 billion acquisition of Suncorp Bank, the ...

Owner-occupier lending continues to grow: ABS

New home loan activity contributed to an uptick in mortgage growth in October, new ABS data has found, as refinancing ...

Beyond Bank appoints new CEO

The former chief executive of RAMS has assumed the role of CEO at Beyond Bank.

Rate hike reprieve likely for December

Predictions from the big bank economists and markets have foreseen interest rates to hold steady in December.

Building approvals bounce back in October: ABS

The number of dwellings approved ticked up for the month, however, economists still note that approvals are sitting at low ...

Government pushes forward with Digital ID 

Legislation has been presented before the Senate that aims to “strengthen and expand Australia’s Digital ID System” and could ...

Auswide Bank appoints next CEO 

The lender has revealed its next managing director and chief executive.

November property prices hit record highs

National home prices have reached new heights for the month despite rising interest rates and an easing in price growth.

CBA mortgage book holds steady in October: APRA

The major bank’s loan book has recorded a slight increase, breaking three consecutive months of declines.

Dynamoney appoints new chairman 

The recently rebranded SME lender has revealed its new chair following the retirement of John Murphy.

Firstmac completes $300m auto ABS issue

The non-bank lender has completed its second-ever auto ABS transaction at $300 million.

Monetary policy ‘taming the inflation beast’: CreditorWatch

The central bank’s rate hikes appear to be working as intended to mitigate inflation, CreditorWatch’s chief economist has ...


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