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1 Non-banks to take over in construction lending: Survey: ... that this will occur in the near future,” the report said. More than a third of lenders (36 per cent) said they expect foreign banks will start increasing their investment activity, particularly as borders ...; 14 June 2022 in Lender
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2 Treasurer ‘keen’ to commence RBA review: Treasurer Jim Chalmers has acknowledged calls from economists for a foreign player to lead an independent review of the Reserve Bank. Twelve economists including Grattan Institute chief executive Danielle ...; 01 June 2022 in Regulation
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3 Mortgage industry on the election outcome: ... (replacing former minister for finance, Simon Birmingham) and a new Foreign Minister, Penny Wong (replacing Marise Payne). The former deputy leader of the opposition, Richard Marles, has also now been ...; 24 May 2022 in Economy
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4 NSW mortgage volumes falling: ... than they did in the same period the year before. The refinancing market remained strong in March 2022, up 6 per cent on March 2021 figures. The land registry stats showed that foreign banks had been ...; 19 May 2022 in Property
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5 Westpac mortgage book rises despite investor slip: ... . “First, outflows had been elevated from our decision to run down lending to self-managed super funds and to foreign buyers. We also experienced higher run-off for certain interest-only lending,” Mr K ...; 10 May 2022 in Lender
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6 Mainland Australia closes in on Tasmania’s economic ranking: ... the pandemic. CommSec chief economist Craig James said all of the country’s states and territories were performing well in these challenging times. “The opening of local and foreign borders will likely ...; 28 April 2022 in Economy
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7 March quarter shows housing sentiment steady: NAB: ... 18 April, NAB said the growth in foreign buyers in the first quarter is "a development to watch". The NAB survey revealed a resurgence of foreign buyers ticked up to a near two-year high of 7.9 per ce ...; 22 April 2022 in Economy
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8 Palmer pledges 3% mortgage rate cap: ... don’t have 180 years to act, so Morrison’s plan won’t save Australians from defaulting on their loans,” Mr Palmer said. “That won’t stop Australian homes and assets from being sold to foreign interests ...; 08 April 2022 in Regulation
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9 Time to bolster cyber security is now, brokers told: ... is crucial, particularly the Security of Critical Infrastructure Act 2018, which manages the complex and evolving national security risks of sabotage, espionage, and coercion posed by foreign involvement ...; 11 March 2022 in Lender
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10 Housing approvals uptick could be short-lived: ANZ: ... by demand as mortgage debt has escalated. The research note stated “housing debt has risen to a historically high level of 140 per cent of income”. “Foreign demand has been on a downward trend, since ...; 12 January 2022 in Regulation
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11 Investment bank granted foreign ADI licence ...: ... Agricole Corporate and Investment Bank (Crédit Agricole CIB) a licence to operate as a foreign authorised deposit-taking institution (foreign ADI) under the Banking Act 1959. Crédit Agricole CIB, an ...; 04 January 2022 in Lender
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12 Australia’s property boom to turn: Natixis: ... the pandemic has squeezed population growth, with the Omicron variant anticipated to keep tight border controls in place. “Foreign demand has been on a downward trend, since the Foreign Investment Review ...; 04 January 2022 in Property
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13 Barclays to open branch in Australia next year: A UK major bank has been granted a foreign banking licence to operate in Australia, with a Sydney branch set to open in April 2022. The Australian Prudential Regulation Authority (APRA) has granted Barclays Bank ...; 21 December 2021 in Lender
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14 Housing minister blasts Victorian windfall gains tax: ... build-to-rent measure a tax break for “foreign luxury apartment investors”. [Related: FHB affordability dire in Tasmania] ...; 14 December 2021 in Regulation
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15 BNPL to face new regulations under payment reforms: ... by foreign governments and large multinationals, including tech giants. At the core of the government’s reforms plan, is the aim to centralise oversight of the payment system, by making sure government ...; 10 December 2021 in Regulation
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16 Australia’s top brokers revealed in glittering ceremony: ... civil construction, materials handling and mining), and expertise in cash-flow finance, foreign exchange, business acquisitions, and property finance. His brokerage sought to partner with multiple suppliers ...; 03 December 2021 in Property
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17 House price growth 3rd fastest in Aus history: REA: ... per cent rise in the 1980s, as financial deregulation came into effect. Foreign banks were introduced into the local market, bringing competition and improving access to credit and facilitating the house ...; 24 November 2021 in Regulation
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18 NAB flags competitive pressures amid mortgage growth: ... including foreign banks and non-bank competitors such as fintechs and digital platforms, some of which have lower costs and/or operating and business models or products that differ or are more competitive ...; 10 November 2021 in Lender
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19 Afterpay-Square deal won’t go to public review: ACCC: ... credit, especially among younger customers”. The deal is still conditional on regulatory approvals (for example, from the US Department of Justice and the Foreign Investment Review Board) – which Afterpay ...; 08 November 2021 in Regulation
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20 Westpac pilots no-interest credit card: ... zero-interest digital credit card called Flex later in 2021. The card will allow customers to access $1,000 credit with no interest on purchases, no late payment fees, and no foreign currency fees. However, ...; 21 October 2021 in Technology

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