The Reserve Bank could cap LVR or work with APRA to change capital requirements on residential mortgages.
America’s largest bank saw its earnings drop by half a billion dollars over the past year after mortgage originations fell sharply.
The Financial System Inquiry interim report has identified key issues in the lending processes for SMEs.
Australia’s customer-owned banking sector has argued that the Financial System Inquiry interim report falls short on competition in banking.
Property-focused fund manager Domacom will launch a new product to the third-party channel to replace flatlining reverse mortgages.
HSBC has broken its silence amid speculation that it could re-enter the third-party channel.
Supermarket giant Coles today announced plans to form a joint venture with GE Capital Australia.
A new report by the Australian Centre for Financial Studies has warned of the ‘significant danger’ of a panic in capital markets.
Non-bank lending for owner-occupied housing has continued to rise in May while lending by banks and building societies declined.
With the average age of a mortgage broker now in their fifties, industry leaders are questioning whether the commission-based profession can attract new talent.
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