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RBA tipped to repeat 50-bp hike

Economists from three of the big four banks believe the Reserve Bank will duplicate its largest rate rise in 22 years.

Home prices fall at fastest rate in over 30 years

Australia’s housing boom has crashed into the wall, with a new PropTrack analysis suggesting that growth has dropped to its ...

Major banks pass on 50-bp rate hike

The big four banks have all announced that they will increase home loan variable interest rates by 0.50 per cent per annum ...

NHFIC names 5 new lenders to FHLDS

The housing corporation has confirmed that five more non-major lenders will be able to offer the Australian government’s ...

BNK set to break into commercial

The ASX-listed mortgage lender has announced plans to diversify into commercial lending and overhaul its technology offering

RBA opts for 50-bp cash rate hike

The Reserve Bank has abandoned its “business as usual” approach to the cash rate this month, deciding to fight inflation with ...

ASIC slaps online lender with lawsuit

ASIC has launched a civil lawsuit against online personal lender Sunshine Loans, for allegedly collecting more than $320,000 ...

Consumers boosted savings by almost 50% during COVID: CBA

Mortgage repayment concerns helped drive Australians to build up their savings balances to a level 46 per cent higher than ...

Economists split between 25 or 40-bp rate hike

Economists believe the Reserve Bank will choose to crank up the cash rate again at its meeting today (7 June), but the size ...

New home loans sink across board over April: ABS

Owner-occupier and investor loan commitments fell over the month, affirming earlier predictions of a cooling housing market

Pepper prices 1st social bond

The non-bank lender has raised $300 million for its first social bond, which will finance loans that deliver positive social ...

Only ⅓ of Australians across credit score: SocietyOne

The vast majority of the country is unaware of its financial standing, according to new data by the online lender.

RBNZ winds back dividend restrictions for banks

Kiwi banks are set to be freed from limits on how much they can pay shareholders, but they have been told to stay alert ...

Lenders ranked in annual independent broker survey

The results of Momentum Intelligence’s 2022 Third-Party Lending survey of residential mortgage brokers have been released, ...

ANZ predicts 40-bp cash rate hike for June

Economists from ANZ have joined Westpac in betting the Reserve Bank will make a sharp rise in the cash rate next week, to ...

CBA tips capital city housing to dive over 2023

The major bank has updated its Australian property forecast, stating that homes across the country’s capitals will fall by ...

Heartland completes StockCo Australia acquisition

The reverse mortgage provider has confirmed its $154.4 million purchase of the agri lender, expanding its overall presence in ...

PM confirms ministry, housing promoted to cabinet

Prime Minister Anthony Albanese has confirmed his government’s first full ministry, while sliding the housing portfolio into ...

RBNZ begins first 5-year remit review

The New Zealand central bank has confirmed it has commenced its five-yearly review of its monetary policy remit.

NAB finalises $1.2bn Citi acquisition

NAB’s efforts to secure Citigroup’s Australian consumer bank for $1.2 billion have come to fruition.

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