Mortgagors continue to benefit from rate cuts
Annie Kane
Investors and owner-occupiers are both benefiting from the current low-rate environment, with refinancers particularly flocking to the marke...
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Challenger bank raises $400 million
SME lender Judo Bank has raised $400 million in its second-round equity raise, double its initial target of $200 million.
NAB flags large-scale customer data breach
The major bank has revealed that the private information of approximately 13,000 of its customers has been uploaded to the servers of two unauthorised companies.
Over $1bn reaped from crackdown on CGT evasion
The federal government has revealed that it has collected over $1 billion as a result of its efforts to prevent foreign property investors from evading capital gains tax.
Queensland and WA to lead next residential boom
The next pick-up in residential construction will be led by a spike in non-residential investment in the resource states of Queensland and W...
Wisr secures financial wellness distribution agreement
Marketplace lender Wisr has partnered with employee management company Smartgroup to extend the distribution of the lender’s financial wel...
Bankwest cuts serviceability assessment rate
The non-major is the latest lender to announce changes to its home lending policy, amid a wave of revisions that could increase borrowing ca...
Low rate environment entrenched until inflation spikes: RBA
RBA governor Philip Lowe has said that it is “reasonable” to expect an “extended period” of low interest rates, adding that it is ...
Macquarie strengthens mortgage portfolio in 1Q
The non-major bank has reported home loan portfolio growth of 3 per cent over the first quarter of the 2020 financial year.
ASIC to take ANZ to court
The corporate regulator has confirmed that it will commence civil court penalty proceedings against the big four bank.
