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Westpac appoints non-exec director

The major bank has announced the appointment of an independent non-executive director to its board.

Treasurer hands down budget 2024/25

The Labor government has handed down its federal budget for the new financial year. Here’s what you need to know relating to ...

Housing ‘a big focus’ for the budget 2024/25

A range of housing support has been announced ahead of the budget 2024/25, with the federal Treasurer saying housing will be ...

Mortgage holder spending up 4.5%: CBA

Home owners with a mortgage have increased their year-on-year spending, the latest data from the major bank has shown.

Australians planning to save tax cut earnings

More than a third of Australians are planning on using the income earned from the stage 3 tax cuts to pad their savings ...

Bendigo and Adelaide Bank appoints chair

The non-major bank has named the new chair of its board of directors.

WA increases stamp duty exemption threshold

The Western Australian budget has allocated funds to support first home buyers and boost housing supply.

Apartment construction must be doubled: HIA

The industry association has called for the construction commencement of more apartments for the government to achieve its ...

Resimac prices $750m prime RMBS

The non-bank lender has priced its second RMBS for 2024.

AUSTRAC class action against CBA dismissed

The Federal Court has dismissed charges filed against the major bank by AUSTRAC.

CBA’s business lending outpaces home loan growth

The major bank’s home loan growth has straggled behind system growth while its business lending has accelerated.

How has the hiking cycle impacted home values?

It’s been two years since the first cash rate hike, but home values have been resilient, CoreLogic data says.

Helia announces new chair

The LMI provider has named its new chair at the conclusion of its AGM.

Firstmac customer data allegedly leaked on darknet

The non-bank lender is “urgently investigating” after hackers behind the “cyber incident” published a profusion of data ...

Economists remain firm on rate cuts this year

Lender economists continue to anticipate rate cuts later this year, despite the central bank entertaining the potential of ...

Majors allowed to jointly arrange aggregator assurance reviews

The regulator has granted the big four major banks to develop an assurance acquisition program for aggregators.

75% think banks are prioritising profit over service

The majority of Australians believe that banks are putting profits over customer service, according to new data from COBA.

HIA welcomes budget boost for skilled workers

The federal government has announced a budget commitment of over $90 million to boost the number of skilled workers in the ...

Brokers settled $28bn ANZ home loans in 1H24

The major bank has said that mortgage brokers settled the majority of its home loans in its half-year results.

Victorian Homebuyer Fund to end next year

The state government has earmarked an additional $700 million for its shared equity home buying scheme for its final year.

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