COVID-related provisions have triggered a 27 per cent slide in the non-major bank’s earnings, offset by strong credit-driven income growth.
Melbourne auction volumes have continued to plummet in the wake of the lockdown and the restrictions on movement in Victoria.
An economist has argued that increasing red tape in lending has forced FHBs out of home ownership.
The Reserve Bank governor has criticised recent interpretations of responsible lending obligations, stating that banks should not bear total...
Almost 80 per cent of NAB customers on mortgage repayment deferrals opted to maintain existing arrangements following the bank’s “check-in”.
The major bank has signed an agreement for the sale of its offsite Australian ATMs to a cash management service provider.
A steep rise in rental stock in certain pockets of Sydney and Melbourne has exposed the pain points that have come with the COVID-19 downturn, research has shown.
Residential mortgage and deposit growth have offset a COVID-related hit to the non-major bank’s earnings.
Reserve Bank governor Philip Lowe has been called to appear before a parliamentary committee to face questioning over the central bank’s m...
The non-bank has successfully priced its PRS 27 transaction, issuing $1 billion worth of bonds backed by Australian mortgages.