The corporate watchdog will reduce its surveillance of the credit industry following a $120 million budget cut.
JP Morgan estimates that Macquarie’s domestic mortgage book will double to $30 billion.
Electronic mortgage settlements will transform competition as lenders race towards technology, transparency and service.
The AFG Mortgage Index found 40 per cent of all new home loans processed in May were for investment property.
Stargate Information Systems has been acquired by the country’s largest financial services software group.
The Reserve Bank of Australia has today announced the outcome of its fifth board meeting of the year.
Law firm Gadens yesterday announced the appointment of banking and finance practitioner Tim Lipscombe as partner, effective 1 June.
Lenders must be careful not to over invest in customer analytics where a ‘less is more’ approach is often more valuable, according to ING DIRECT.
The US city of Los Angeles filed a lawsuit on Friday accusing JPMorgan Chase & Co. of channelling minority borrowers into risky home loa...
National Australia Bank is looking to offload its £600 million portfolio of non-performing loans in the UK, according to weekend media reports.