Indigenous Australians being let down by banks, study finds
Tas Bindi
Indigenous Australians are continuing to be excluded from the financial system, with banks failing to provide adequate access to basic servi...
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Bank chairman retires, replacement appointed
A non-major lender has announced the retirement of its chairman and has appointed his replacement.
CBA unveils new ‘green mortgage’ scheme
Commonwealth Bank CEO Matt Comyn has announced a new cashback rewards scheme for the bank’s “energy-efficient” mortgage customers.
Rate expectations driving lift in sentiment
Consumers are “upbeat” about market conditions amid expectations of a rate cut from the RBA and the “major sentiment shift” in the h...
Property developers increasingly seeking ‘urgent’ assistance
A non-bank lender has reported a 16 per cent increase in property developers seeking urgent financial assistance against the backdrop of Australia’s housing slump.
3 signs the housing slump is nearing its end
Just two weeks ago, with a Labor election win almost certain, analysts feared the housing slump would continue, but there are signs that the market is headed for a recovery.
PM’s new cabinet welcomed by banking, property industries
The new cabinet formed by Prime Minister Scott Morrison has been welcomed by stakeholders across the property and financial services industries.
Major bank satisfaction levels recovering
Bank satisfaction is “trending up” after taking a hit during and immediately after commissioner Hayne’s 11-month inquiry into financia...
Firstmac completes largest RMBS issue
Non-bank lender Firstmac has priced its largest residential mortgage-backed securities issuance at $1.4 billion.
Suncorp CEO steps down
The managing director and CEO of the financial services group has stepped down from his post, effectively immediately.
