Loan loss charges cost big banks $6.2bn
Charbel Kadib
A 227 per cent surge in credit impairment charges has dealt a $6.2-billion blow to major bank earnings, which are set to face ongoing headwi...
A 227 per cent surge in credit impairment charges has dealt a $6.2-billion blow to major bank earnings, which are set to face ongoing headwi...
A real estate franchise CEO has called on the government to reform property transaction taxes and upfront costs, noting how stamp duty hinde...
While data highlights “no evident impact” on dwelling approvals to March 2020, economists anticipate the new-build market to take a hit ...
The major bank’s cash earnings have plunged by 70 per cent, triggered by a spike in provisions associated with the COVID-19 crisis and one-off costs relating to AUSTRAC action.
The prudential regulator has greenlighted a merger between two NSW-based lenders.
NSW will allow in-person property inspections and on-site auctions from this weekend, following a marked reduction in new coronavirus cases.
Auction volumes continue to be on the lower side across capital cities, reflecting the effects of the ban on public auctions.
All four major banks have reported growth in their owner-occupied portfolios, driven by a spike in refinancing activity amid the COVID-19 crisis.
National housing values increased 0.3 per cent in April despite ongoing challenges to the property market caused by COVID-19, while the most...
Almost half of Australians aged over 18 have reported that the COVID-19 pandemic has affected their household finances, with 31 per cent rep...
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