APRA has intended to change the definition of long-term interest-only home loans following industry feedback to proposed changes to its ADI capital framework.
Mortgage stress diminished in the three months to May, but the latest COVID-19 flare-ups have renewed fears that could change, according to Roy Morgan.
The BNPL service provider is going to enter the banking space with the launch of savings accounts and its Money app in October 2021.
Home buying spending intentions declined in June compared with last year, halting months of an upward trend, according to new research.
Axing stamp duty would lead to more efficient use of Australia’s housing stock and reduce volatility for state and territory revenue, acc...
Ratings agency Fitch has raised its forecast house price movements for Australia, predicting prices will escalate by as much as 16 per cent in 2021.
The non-bank lender has settled more than $1 billion for the first time in the 2020-21 financial year.
The big four bank will buy back up to $1.5 billion of shares, suggesting it can look out for both shareholders and customers through the current lockdowns.
The regulator has published its draft standards for internal dispute resolution reporting, which will be tested in a pilot across the financial industry in coming months.
The prudential regulator has announced regulatory relief for ADIs that are offering temporary measures to customers impacted by lockdowns.
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