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Former treasurer warns against creating new RBA boards

Creating a new monetary policy board and a governance board at the RBA is a “bureaucratic” solution that won’t improve the ...

Property professionals think debt will become easier to access

While sentiment about the ease of acquiring debt remains low among property professionals, sentiment is improving for the ...

Pepper Money secures first RMBS for 2024

Pepper Money Australia has priced its first residential mortgage-backed security (RMBS) for 2024.

Government responds to Senate inquiry on HAFF Bill

The federal government has delivered its responses to the recommendations for the Housing Australia Future Fund Bill.

Domain calls for government action to support FHBs

Amid rising house prices and ‘stretched’ serviceability, the real estate listing company has urged the government to help ...

Home loan arrears ticking up: NAB

Mortgage arrears are slowly rising at the major bank, but business lending arrears have improved, according to new NAB data

Aaron Milburn becomes MD of Pepper Advantage UK

Pepper’s former GM for mortgage and commercial lending has been appointed as the managing director of Pepper Advantage UK

ACCC taking time to ‘reflect’ on tribunal decision

The competition watchdog has said it will take time to ‘reflect’ on the tribunal’s decision to overturn its decision blocking ...

RBA releases reasoning behind cash rate decision

The central bank has released the minutes from its first monetary policy decision for 2024 and why it decided to leave the ...

ANZ-Suncorp merger given green light

The Australian Competition Tribunal has overturned the ACCC’s decision to block the ANZ-Suncorp merger – giving it the green ...

ANZ-Suncorp merger appeal to be handed down today

The Australian Competition Tribunal will hand down its determination relating to ANZ’s proposed acquisition of Suncorp Bank ...

Auction activity continues to rise

There were 2,044 auctions held last week, the highest of 2024 so far, as home buying demand remains strong.

Most mortgagors are still ahead on repayments: Westpac

The banking group has confirmed that most Aussies are ahead of their mortgage repayments despite cost-of-living pressures.

Land shortages driving prices to new records: HIA

The median price of a residential block of land has hit new records due to shortages on land, the HIA has found.

Unemployment up, but remains stable: ABS

The unemployment rate has risen to levels not seen since January 2022, the ABS has reported.

CommBank hit with record fines after underpaying employees

Commonwealth Bank of Australia (CBA) and its subsidiary CommSec have been hit with record fines after underpaying employees ...

New AI loan repricing platform launches

Two former Westpac heads have launched a new AI tool for repricing home loans that utilises “crowd haggling” to secure better ...

Unauthorised banking businesses granted injunction

APRA has welcomed the federal court’s decision to prevent the businesses from further operation.

New AMP chair appointed

A non-executive director of AMP has been appointed as the new chair of the group as Debra Hazelton retires.

CBA’s loan flow contraction continues

New home loans funded by the major bank have once again declined year-on-year.

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