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Predatory lending directors will be held personally accountable: ASIC

Directors will be held personally accountable if predatory lending and high-cost credit have resulted in consumer harm, the ...

Shadow housing minister vows to circumvent states on housing

Speaking at the National Regional Housing Summit, member of Parliament for Deakin, Michael Sukkar, has said an LNP leadership ...

RBA could consider rate cuts before inflation target: Bullock

The central bank may not wait for inflation to return to its target band before cutting interest rates, the RBA governor has ...

How are borrowers feeling at peak cash rate?

The cash rate is unanimously believed to be at its apex; however, borrowers are still showing signs of stress.

Rate Money reaches $7bn settlement milestone

The mortgage manager has surpassed $7 billion in settlements since launching five years ago.

Qld government doubles FHB grant

The state government has announced a boost to its first home buyer grant.

Keystart to open loans for developer deposits

Home hunters looking to buy off-the-plan could see their upfront costs significantly reduced under the new program.

Employee households ‘most impacted’ by mortgage interest charges: ABS

Living costs for employee households were most affected by mortgage interest charges, the ABS has revealed.

Brighten reduces buffer, enhances policy to improve serviceability

The non-bank lender has reduced its serviceability buffer and made some changes to its policy in a bid to address ...

Federal government introduces stage 3 tax cut legislation

New legislation for the incoming stage 3 tax cuts has been introduced into Parliament.

NAB announces change of CEO

The big four bank has revealed that it will welcome a new group chief executive on 2 April.

Mortgage repayments ‘still rising’: RBA

Interest repayments on household debt are set to continue increasing as more fixed-rate mortgages roll onto higher rates, the ...

Adatree acquired by payments fintech

The open banking specialist has been purchased by payment services fintech Fat Zebra to drive ‘data-driven’ payments in ...

RBA holds, further increases 'not ruled out': Bullock

Although the official cash rate remains unchanged, the RBA governor has flagged that more rate increases are still possible

No change expected for cash rate

The RBA is expected to leave the official cash rate unchanged at its first board meeting of 2024.

Construction loan volumes hit record low in 2023

Just 32,116 construction loans were issued to owner-occupiers in 2023, the lowest number ever recorded, according to new data

Resimac welcomes new CFO

The chief executive of the non-bank lender has announced the lender’s next chief financial officer.

Australia sees second-busiest start to auction season on record

The first week of February 2024 saw the second-busiest start to the auction season on record, according to CoreLogic data.

New mortgage lending drops for first time in 5 months

Despite rising home values, new home lending volumes dropped in December 2023, new ABS figures have shown.

Largest mutual bank senior debt deal raised

A $400 million medium-term note transaction has been raised by a mutual lender, the largest deal of its kind by an Australian ...

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