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28 Apr 2022
ANZ approving more false mortgage applications than rivals: UBS
The majority of ANZ borrowers who made misrepresentations on their mortgage applications were advised to do so by the bank’...
28 Apr 2022
New mortgages, refinancing centred in capitals: PEXA
Metropolitan Australia has largely experienced a rise in new loans over the March quarter, according to new findings by the d...
28 Apr 2022
Mainland Australia closes in on Tasmania’s economic ranking
Tasmania’s top ranking on relative economic performance is under threat from improving mainland economies, latest data from...
27 Apr 2022
Inflation hits highest level in 22 years
Inflation has hit its highest level since the introduction of the GST, with the market to now eagerly watch for how the Rese...
27 Apr 2022
CBA names incoming chair
The current chair of the big four bank is set to depart, with her successor already being named. ...
27 Apr 2022
Mortgage lending industry prefers Scott Morrison as PM
A Liberal-National Coalition led by Scott Morrison is the preferred outcome of the federal election, according to a new surv...
27 Apr 2022
Australian property market: ‘Finally hit the wall’
Home loan activity declined sharply over February, driven by the significant falls in affordability as a consequence of boomi...
27 Apr 2022
Better Choice initiates digital verification, mortgage signing enterprise
The non-bank has said the endeavour will combine two tech offerings in a bid to provide a more streamlined borrowing experien...
27 Apr 2022
Frollo integrates ‘Financial Passport’ with own app
The fintech has turned its focus inward, enabling its app users to access a 12-month financial income, expenditure and asset ...
26 Apr 2022
Rate hike forecasts continue to shift
Economists are yet again tweaking their cash rate forecasts, ahead of CPI data being released this week. ...
26 Apr 2022
Housing supply, tax reforms urged ahead of election
A Sydney-focused think tank has called for the federal government to roll out a “real long-term strategy” to make housing...
26 Apr 2022
CHIA calls for 25k more social, affordable homes
The community housing body has released its 2022 election platform, announcing a need for all federal parties to focus furthe...
22 Apr 2022
Westpac to cough up $113m over ASIC lawsuits
The Federal Court has ordered Westpac to pay $40 million for charging dead customers financial advice fees, in the last of si...
22 Apr 2022
Mutual banks want consumer credit law review
A banking industry body has urged for a probe into Australia’s consumer credit legislation and for regulators to help keep ...
22 Apr 2022
Conduct ‘appropriate’ due diligence on crypto-backed lending, APRA urges
Risk management expectations for crypto-backed lending and other crypto assets have been unveiled by the prudential regulator...
22 Apr 2022
Non-banks could abuse open banking, say consumer groups
A number of consumer groups have raised concerns around Treasury’s push to extend the open banking regime to non-bank lende...
22 Apr 2022
March quarter shows housing sentiment steady: NAB
Growing rents and slowing house price growth keep housing sentiment steady in Australia, NAB property survey reveals. ...
21 Apr 2022
MFAA calls for BNPL inclusion in open finance
The body has said the addition is needed for CDR to be “truly inclusive of the whole non-banking lending sector”. ...
21 Apr 2022
Australian Unity appoints new bank CEO
The mutual lender has announced it will welcome a new chief executive and executive general manager of its retail banking bu...
21 Apr 2022
New VOI and signing tech launches
A new e-signing and identity verification solution has been launched that aims to improve security while reducing the VOI and...
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