Borrowers reluctant to ditch loan deferrals
Charbel Kadib
Just 8 per cent of borrowers on loan deferrals resumed full repayments over the June quarter, new APRA data has revealed.
Just 8 per cent of borrowers on loan deferrals resumed full repayments over the June quarter, new APRA data has revealed.
The CEO of a participating lender in the government’s Coronavirus SME Guarantee Scheme has outlined that small businesses have been left d...
The non-major bank has introduced AI-driven digital banking services that are built into customers’ everyday transaction and savings accounts.
The central bank has issued a monetary policy update amid fears of a deeper recession, which have “consigned to history” an upgrade to the economic outlook.
Prime Minister Scott Morrison has announced a $1,500 “disaster payment” for Melburnians needing to self-isolate, as the city moves to sh...
Sydney and Melbourne have continued to lead the downturn in residential property prices, with national home values falling for the third con...
An expected ramp-up of LMI concessions could exacerbate risks associated with falling residential property prices by encouraging borrowers t...
The preliminary clearance rate across the combined capital cities improved across a lower volume of auctions last week.
A parliamentary committee is set to scrutinise APRA and ASIC on their “performance and operation” amid the COVID-19 crisis.
The big four banks have continued to record strong owner-occupier-driven portfolio growth, with Westpac and ANZ leading the pack in the final month of the 2020 financial year.
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