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July listings record largest yoy increase for 12 years

The “unusually busy” winter period saw property listings increase by 4.9 per cent on last year, the largest year-on-year ...

Major bank distributes another $2m to flooding appeal

A big four bank has distributed a further $2 million in funding to support flood victims across Australia’s east coast.

Making news this week (ending 12 August)

Making news this week, CBA and NAB reported a lift to home lending, Video VOI to ‘fall by the wayside’ this decade - futurist ...

Spending continues while sentiment falls, economists say

The latest sentiment data reveals household and businesses are reacting differently to the economic challenges, with ...

ABS to release monthly inflation data

The first monthly consumer price index indicator is set to be released by the Australian Bureau of Statistics in October.

AMP reports 9% rise in home lending

The banking arm of AMP saw its residential mortgage book increase to $22.4 billion, or 9 per cent, in the first half of its ...

Financial hardship pressures increasing

While the majority of NAB customers are ahead on their home loans, 1 in 5 has felt financially stressed in the last 90 days, ...

CBA home lending ticks up in FY22

Commonwealth Bank of Australia has reported home lending grew by 7.4 per cent over the financial year 2022, but slowed in the ...

AFG Securities announces plant-a-tree initiative

The aggregation group has committed to planting one tree for every new home loan funded by its lending arm.

Loan fintech launches loan tracking tool

LoanOptions.ai has launched a progress tracker tool to enable borrowers to track the progress of their loan applications.

RBA launches central bank digital currency pilot

The Reserve Bank of Australia has launched a new research project to investigate use cases for a central bank digital ...

REA mortgage settlements lift in FY22

The digital property advertising business has bumped up its annual net profit by 25 per cent, in part due to “record ...

Treasury announces review into ASIC funding

The government has commenced a review of the financial services regulator’s funding model.

NAB reports lift to lending, deposits following Citi acquisition

The bank has released its June quarter results, reporting a lending and deposit boost in the wake of its deal with the lender

Frollo confirms app screen scrape phase-out

The fintech has pledged to remove screen scraping from its app where open banking is available.

Video VOI to ‘fall by the wayside’ this decade: Mark Pesce

The increasing sophistication of identity fraud will result in the death of video and audio identity verification by the end ...

UK scraps mortgage buffers

The Bank of England has removed the affordability buffer for British borrowers this month in a bid to remove some barriers to ...

Latitude sheds insurance business

The non-bank group has announced it will sell its insurance business, Hallmark, which would inject $20 million into its core ...

Owner-occupier demand cools over 2022 as investors lift

The Reserve Bank’s latest Statement on Monetary Policy reported that borrowing growth slowed during 2022’s first half, driven ...

Westpac’s former compliance head joins PEXA

Les Vance, Westpac’s former group executive for compliance and financial crime, has been named as the property exchange ...

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