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Unauthorised banker hit with injunctions

APRA has welcomed the Federal Court’s decision to prohibit Andrew Morton Garrett from operating unauthorised banking ...

Qld government expands eligibility under Resilient Homes Fund

The Palaszczuk government revealed up to 1,000 additional Queensland home owners would be eligible to raise their homes above ...

Life decisions postponed due to high rates: Mortgage Choice

The aggregator has revealed the impact the current economic environment has had on mortgagors and prospective buyers through ...

Supply shortage drives land values up: HIA 

A land supply shortage lies at the core of the housing crisis, driving prices up, a new report has revealed.

ANZ halves cashback offers

Among the “big four” banks, ANZ is the only bank still offering a cashback deal to refinancers.

UFinancial launches strategic partnership division 

The financial services company’s latest initiative is aimed at strengthening collaboration, with a new manager appointed to ...

1 million borrowers face fixed-rate cliff: RBA

RBA governor Philip Lowe noted that while the peak of the fixed-rate cliff had surpassed, one million borrowers are yet to ...

REA Group reports settlements dropped 13% in FY23

The digital property business that owns Mortgage Choice has reported a fall in new settlements amid economic challenges.

ASIC seeks input on short-term credit facilities

The corporate regulator has released a consultation paper seeking feedback on proposals to extend product intervention orders ...

94% of AMP Bank’s resi loans written by brokers

Nearly all of the residential loans written by AMP Bank in the last six months have come from the broker channel, according ...

NAB economist expects elevated Q3 CPI 

Economist Alan Oster has warned of an upcoming spike in third-quarter CPI, raising the prospect of additional interest rate ...

CBA adopts LIXI2 data standards

The big four bank has committed to adopting the suite of LIXI2 data standards within its data integrations and APIs to help ...

Non-bank lender completes $500m CMBS

Thinktank has completed its ninth CMBS raising $500 million in funds.

Suncorp home loan book grew $4.6bn in FY23

The lender reported an uptick in home lending driven by an increase in originations by the third-party channel.

A third of rate rises still to be felt: CBA CEO

Home loan customers have only experienced two-thirds of the RBA’s rate hikes and arrears will likely start rising, according ...

CISA reveals 3-year cyber security strategic plan

The US Cybersecurity and Infrastructure Security Agency has released a three-year plan to address growing cyber threats and ...

Rent freeze needed to save $4.9bn, says Greens

The party has reiterated its rent freeze demand, which blocked the HAFF bill, suggesting renters will lose another $4

Consumer sentiment ‘deeply pessimistic’

Despite the RBA placing the cash rate on hold, consumer sentiment dropped with potential dwelling purchase confidence falling ...

Green loans an ‘attractive prospect’ for carbon-free transition: RBA

Green loans could play an integral part in the green transition, acting RBA head of domestic markets has said.

Westpac increases house price forecast

The major bank has revised up its house price forecast after finding that the market continues to ‘outperform expectations’

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