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12 Jul 2022
Rates to boost by 50 bps, pause by September: Westpac
The bank’s chief economist has pitched its latest Reserve Bank prediction, predicting another half-percentage hike next mon...
12 Jul 2022
House development decline drives approval downfall
The number of approved residential dwellings fell nationally over May, continuing a trend observed over the preceding two mon...
12 Jul 2022
Clearance rates creep back up in July
Despite record-low clearance rates recorded in April, last week’s rates ticked up more than 3 per cent, latest CoreLogic da...
11 Jul 2022
Housing key driver of incoming inflation: ANZ
The bank has tipped inflation to have increased over this year’s second quarter, naming housing as a major contributor to t...
11 Jul 2022
Dye & Durham ups bid for Link
The Canadian firm has revised its takeover offer for the second time. ...
11 Jul 2022
Treasurer flags ‘wellbeing’ as key focus for federal budget
Treasurer Jim Chalmers has revealed that wellbeing will be a focus of the October budget, a move welcomed by finance industry...
11 Jul 2022
New mortgages lift nationally over June: PEXA
The number of new loans across Australia increased last month, yet these figures remain significantly lower compared to 12 mo...
8 Jul 2022
BOQ issued infringement notice for CDR delays
The competition watchdog has issued its first infringement notice to a lender for allegedly failing to meet consumer data rig...
8 Jul 2022
Adatree launches open data marketplace
The fintech and data intermediary has expanded on its consumer data right presence, releasing a new platform offering users s...
7 Jul 2022
Bendigo acquires ANZ’s investment lending portfolio
Bendigo and Adelaide Bank Limited has agreed to acquire the major bank’s share investment lending portfolio, for its margin...
7 Jul 2022
Banks pass on full RBA rate hike
Several lenders have announced interest rate rises on mortgage and savings rates, following the central bank’s decision to ...
7 Jul 2022
Borrowers reach into savings buffer amid rate hike: Domain
With the cash rate tipping 1.35 per cent the increase in mortgage repayments will weigh on borrowers’ savings. ...
7 Jul 2022
Home-building approvals drop in May
Buildings approvals continued a downward fall over May as the rising interest rate environment slows demand. ...
6 Jul 2022
APRA grants RADI to Australia’s 1st Islamic bank
Islamic Bank Australia has been granted a restricted banking licence from APRA. ...
6 Jul 2022
Liberty names new non-executive director
In a move partly focused on guiding its approach towards diversity and inclusion, the non-bank has appointed Dr Jane Watts to...
6 Jul 2022
AMP shifts core banking platform to cloud
The non-major bank has taken another leap towards the digital space, integrating its core platform to the cloud. ...
6 Jul 2022
Beyond Bank partners with Frollo to develop app
The customer-owned bank has furthered its arrangement with the fintech, commencing a pilot for a new consumer-focused ap...
5 Jul 2022
Lowe slams another 50-bp cash rate on Australians
RBA governor Philip Lowe has delivered its third consecutive cash rate hike as it attempts to slow down rising inflation. ...
5 Jul 2022
Home loan commitments increase after April tumble
Home loans commitments took a positive turn in May following a fall in April, new data reveals. ...
5 Jul 2022
Cash rate hike prediction steers towards 50 bps
Economists from three of the big four banks expect the Reserve Bank will hand down a similar cash rate hike of 50 bps today (...

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