A big four bank has agreed to pay up to $30 million, without any admission of liability, to settle a class action relating to life insurance.
The financial services group has announced that it is selling its wealth business for $45 million as it moves to simplify its offering.
James Symond, the CEO of major brokerage brand Aussie, is to leave the business following the imminent merger of Aussie and Lendi.
The latest State of the States report has shown that Victoria leads the country for home loan commitments and construction work done.
The business lender has appointed two board members while also announcing the departure of another member.
The lender has said its cash earnings will be reduced in 1H21 due to notable items, including write-down of goodwill related to lender’s mortgage insurance.
A newly listed non-bank lender has said that the fund will help grow its “instalments lending business”, including by expanding its BNPL platform.
Both auction volumes and clearance rates decreased last week, while new property listings surged across the capitals, new data has shown.
The COVID-19 early release of super payment was mainly used by households to pay their mortgages or rent, according to new figures.
Measures to make home ownership more accessible, including tax-deductible interest for FHBs, a permanent FHLDS and access to super, are amon...