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Record WPI unlikely to force RBA hike: ANZ

The highest quarterly growth in the WPI will likely not draw any concern from the central bank, the major bank has said.

Suncorp merger ‘would not alter’ competition: ANZ 

The incorporation of Suncorp Bank would not “substantially lessen competition in any relevant market”, the major bank has ...

Victoria announces granny flat reforms

The Victorian government has recently introduced reforms that will eliminate the need for a planning permit for granny flats

Bendigo ramps up preparations for broker launch

The non-major bank has selected its CRM provider ahead of the launch of its broker offering and new mortgage origination ...

CBA loan book continues to shrink

The major bank’s home loan balance fell $4.5 billion in the September quarter, with a drop-off in broker-introduced loans.

Resimac boss ‘cautiously optimistic’ about group’s outlook

The non-bank lender’s chief executive expects a positive 2024 after what was a “challenging” financial year 2023 for the ...

Msquared Capital strengthens executive team

The private lender has bolstered its senior executive team with a new chief operating officer and general manager, loan ...

Tic:Toc rebrands to Tiimely Home

Tiimely Home, formerly known as Tic:Toc, has rebranded to provide an expanded range of services to its customers.

Australia’s mortgage debt reaches $2.2tn

Australia’s mortgage debt has surged to $2.2 trillion, according to the latest data from CoreLogic.

Mortgage stress up ‘modestly’ among big 4 borrowers: EY

While borrowers behind on loan repayments remain at low levels, EY has called on banks to monitor arrears as the full effect ...

ANZ to further invest in digital mortgage product

The major bank looks to continue to grow its digital home loan product after its launch earlier this month.

RBA revises up forecasts

The central bank has upgraded its inflation and scheduled repayment forecasts following its latest interest rate increase.

Beyond Bank enters partnership with NextGen

The mutual lender has announced a new alliance with NextGen in its pursuit towards digitisation.

Commonwealth Bank expands financial abuse technology access 

The major lender has made its abuse detection artificial intelligence model available to banks globally.

Arrears still tracking below pre-COVID-19 levels

While 90-plus day arrears have ticked up amid the current cycle of interest rate hikes, they still remain lower than the ...

‘Greater opportunities for growth’ in business bank: NAB

While home lending “remains a key market”, the major lender will be “tilting towards” its business bank, according to its ...

Lenders pass on RBA’s November rate hike

Australia’s banks have begun raising interest rates on home loan and savings after the RBA’s latest rate increase.

Dwelling approvals fall after August rise: ABS

The latest ABS data on building approvals has revealed a fall in total dwelling approvals for September, becoming the ...

‘A difficult day’ for mortgagors: Treasurer

The federal Treasurer has warned the latest rate hike will put further pressure on mortgage holders.

Investor support has been ‘ignored’: REIQ

The institute’s chief executive has called out the Queensland state government for its lack of support towards investors.

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