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23 Jun 2022
RBA appoints assistant governor
The Reserve Bank has appointed Dr Bradley Jones as assistant governor. ...
23 Jun 2022
UK to tighten BNPL regulations with ‘affordability checks’
The UK government has outlined plans to require buy now, pay later providers to ensure their customers can afford their repay...
23 Jun 2022
COBA includes vulnerability obligations to its code
Customer-owned banking institutions will need to apply more stringent measures to ensure vulnerable customers are identified ...
22 Jun 2022
Lowe expects to consider 25 or 50-bp rate hike 
The Reserve Bank tossed up increasing the cash rate by either 25 or 50 bps for June, with its governor revealing that he expe...
22 Jun 2022
Fears US recession may impact Australia
As some global economies head towards recession, NAB chief economist warns there could be flow-through implications in Austra...
21 Jun 2022
NSW FHBs to choose how they pay stamp duty from 2023
First home buyers in NSW will be able to choose between an upfront payment or a smaller annual property tax from next year, i...
21 Jun 2022
Westpac expands LMI waiver
More healthcare professionals will qualify for Westpac’s Lenders Mortgage Insurance Waiver, following an expansion to its p...
21 Jun 2022
NSW commits another $500m into housing
As part of its latest budget, the state’s government will invest nearly half a billion dollars in expediting housing supply...
21 Jun 2022
Capital city clearance rate continues nosedive
The number of homes clearing across the country is shrinking, according to new figures released by CoreLogic. ...
21 Jun 2022
Rising interest rates will outweigh house price falls: Moody’s
Analysts have tipped house prices would need to fall by around 22 per cent in 2022 to counterbalance how much higher interest...
20 Jun 2022
RBA’s faster rate rises to accelerate housing decline: ANZ
Economists at the major bank have tipped that house prices will fall by around 15 per cent between April 2022 and December 20...
20 Jun 2022
Most Aussies are wary of open data: survey
Lenders hoping to benefit from open finance could be challenged by consumers who are apprehensive to share their data.  ...
20 Jun 2022
Qld unveils $2.9bn housing plan
A new investment fund to increase housing supply, and a focus on social housing has been unveiled by the state government. ...
20 Jun 2022
CBA partners with Mambu over digital home loan
The major bank has confirmed that it has aligned with the cloud banking platform as a means to grow the recently launched Unl...
17 Jun 2022
Fed raises US interest rate by 75 bps
The US central bank has opted for its largest interest rate hike in almost 30 years, in an effort to squash surging inflation...
17 Jun 2022
Consumer sentiment creeps towards recessionary levels
Rising inflation concerns and interest rate hikes have dragged borrower sentiment down towards historic lows, according to le...
17 Jun 2022
NSW stamp duty growth soars above house prices
Over the past 20 years, stamp duty growth across the state has surged above that of housing, according to a new Domain analys...
17 Jun 2022
ACCC raises alarm on PEXA owner deal
The regulator has expressed fears for competition around a proposed acquisition, warning that it could further fuel a monopo...
16 Jun 2022
Trio cop charges over mortgage scam
Three people have been charged with criminal breaches of directors’ duties, over “interest-free” mortgages offered by...
16 Jun 2022
Brokers writing majority of bank mortgages
Nearly 58 per cent of loans funded by banks are originated by the third-party channel, according to APRA statistics. ...
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