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ANZ home loan book continues to slide

While its big four rivals managed to grow their mortgage portfolios over March, ANZ’s total slipped by $82 million.

RBNZ to plot out DTI restrictions framework

The Kiwi central bank has decided to form the ground rules for potential limits on debt-to-income ratios, after consulting ...

Nimo confirms CEO

A co-founder of digital lending platform Nimo Industries is set to head up the group, as it aims to snatch a larger portion ...

Unit values up $5k in 1Q22

Despite the price gap between houses and units widening, driven by housing affordability and land scarcity in the big cities, ...

‘No choice’ for RBA: Industry tips May rate hike

Mortgage industry players have said the pressure is on for an imminent cash rate rise, as inflation has rocketed to a 20-year ...

Capital city house price growth drops 90%: Domain

Housing value growth across Australia’s capitals hit a handbrake over the March quarter, echoing calls that the country’s ...

CBA announces new low rate, green home loan

The major bank has followed the recent trend set by lenders outside the big four, unveiling a new product for sustainable ...

ANZ approving more false mortgage applications than rivals: UBS

The majority of ANZ borrowers who made misrepresentations on their mortgage applications were advised to do so by the bank’s ...

New mortgages, refinancing centred in capitals: PEXA

Metropolitan Australia has largely experienced a rise in new loans over the March quarter, according to new findings by the ...

Mainland Australia closes in on Tasmania’s economic ranking

Tasmania’s top ranking on relative economic performance is under threat from improving mainland economies, latest data from ...

Inflation hits highest level in 22 years

Inflation has hit its highest level since the introduction of the GST, with the market to now eagerly watch for how the ...

CBA names incoming chair

The current chair of the big four bank is set to depart, with her successor already being named.

Mortgage lending industry prefers Scott Morrison as PM

A Liberal-National Coalition led by Scott Morrison is the preferred outcome of the federal election, according to a new ...

Australian property market: ‘Finally hit the wall’

Home loan activity declined sharply over February, driven by the significant falls in affordability as a consequence of ...

Better Choice initiates digital verification, mortgage signing enterprise

The non-bank has said the endeavour will combine two tech offerings in a bid to provide a more streamlined borrowing ...

Frollo integrates ‘Financial Passport’ with own app

The fintech has turned its focus inward, enabling its app users to access a 12-month financial income, expenditure and asset ...

Rate hike forecasts continue to shift

Economists are yet again tweaking their cash rate forecasts, ahead of CPI data being released this week.

Housing supply, tax reforms urged ahead of election

A Sydney-focused think tank has called for the federal government to roll out a “real long-term strategy” to make housing ...

CHIA calls for 25k more social, affordable homes

The community housing body has released its 2022 election platform, announcing a need for all federal parties to focus ...

Westpac to cough up $113m over ASIC lawsuits

The Federal Court has ordered Westpac to pay $40 million for charging dead customers financial advice fees, in the last of ...

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