AFCA on the hunt for new recruits
Reporter
The dispute resolutions body is seeking recruits for several newly created senior positions to support its transition into a new phase of operation.
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Big banks can handle fintech competition
Australia’s large banks have the financial resources to compete with emerging fintechs, while smaller banks may be left behind, according to a new Moody’s report.
Investors ‘ready to go’ with certainty restored
The Coalition government’s return to office has lifted the sentiment of property investors, which is likely to trigger a “bounce” in m...
ASIC powers to protect borrowers from ‘poverty trap’
The corporate regulator’s new product intervention powers have been welcomed by the CEO of the Financial Rights Legal Centre, in the hope ...
RBA concedes it will ‘consider’ rate cut in June
Expectations of a cut to the official cash rate have been heightened after RBA governor Philip Lowe conceded that an adjustment may be “ap...
APRA looks to amend mortgage lending guidance
The prudential regulator is looking at revising its guidance on the serviceability assessments that banks perform on residential mortgage ...
Election result a ‘repudiation’ of ‘risky’ housing reforms
The property industry has welcomed the re-election of the Coalition government, declaring that concerns over the opposition’s proposed cha...
BNK reports multichannel mortgage growth
BNK bank has reported home lending growth via both its direct and third-party mortgage businesses.
‘Back to business as usual’ following Coalition victory
The Morrison government’s policy agenda is unlikely to shift the outlook for the domestic economy, with an imminent rate cut form the RBA ...
Improvement in housing affordability at six-year high
Stagnating house prices are among the factors that have contributed to the fastest improvement in housing affordability recorded in six years, according to the HIA.
