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NAB lowers its DTI

The big four bank is decreasing its debt-to-income threshold to “meet regulatory obligations” and “lend responsibly”

CBA sticks to economic forecast following Labor win

The major bank has said that a change in government did not currently necessitate a change to its economic forecast nor its ...

Treasurer Chalmers outlines economic priorities

The new federal Treasurer Jim Chalmers has set out Labor’s first priorities for the “tricky” economy.

Westpac mortgage tech head takes on permanent role

The major banking group has confirmed that its acting head of mortgage technology has accepted a long-term position.

Mortgage industry on the election outcome

With Anthony Albanese and several cabinet ministers sworn in following Labor’s election win, members of the mortgage and ...

Cash rate to more than double in June: Westpac

The bank’s chief economist has responded to the RBA’s latest board meeting, maintaining that rates will lift by 40 bps next ...

Election drags auction clearances to 2022’s lowest: CoreLogic

The combined capitals recorded their lowest preliminary clearance rate for the year to date, with the CoreLogic analysts ...

ANZ appoints new board member

ANZ chairman Paul O'Sullivan has announced Jeff Smith will join the board as a non-executive director.

Election 2022: What’s next for housing?

Following Saturday’s (21 May) federal election, here’s a recap of the housing policies we can expect to see this year.

Perceived mortgage costs nearly double in 1 year: NAB

The bank’s latest data suggests that mortgage fees have decreased during the last quarter, while surging over the past 12 ...

Resimac confirms 1st social bond in $1bn RMBS

The non-bank group has closed its latest RMBS, stating that a portion will be focused towards its inaugural social bond.

AFG CFO steps down

The aggregator’s chief financial officer is set to depart, for a posting with another ASX-listed company.

Acacia, uno partner for climate mortgage app

The brokerage has teamed with the fintech, for the launch of a new app that will let borrowers compare pricing and ...

Mortgage demand sinks for 1st time since 2019

The desire to secure a mortgage has collapsed across the country, according to a new analysis from Equifax.

Consumer spending key to RBA’s rate decisions: ANZ

The Reserve Bank will be closely watching how households respond to higher rates as it decides its next move, ANZ senior ...

Heartland announces new bank CEO

The chief executive and executive director of Westpac Life is set to become the new CEO of Heartland Bank.

Wage growth inches upwards, market waits for RBA’s response

Wages growth has slightly lifted, up to its highest annual rate since 2018, with all eyes now shifting to watch for what the ...

Sharper house price fall tipped as rates rise

ANZ has shifted its forecasts around the housing market, expecting rising mortgage rates to drag prices by 3 per cent this ...

Victorian shared equity scheme reports lift in home buying

A figure of 1,100 homes have been purchased under the Victorian Homebuyer Fund, according to new Andrews government figures

NSW mortgage volumes falling

New mortgage volumes were down in NSW in March 2022 for the first time following record highs in 2021, according to new data

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