Making news this week (ending 12 August)

CBA home lending ticks up FY22

Commonwealth Bank of Australia has reported home lending grew by 7.4 per cent over the financial year 2022, but slowed in the latter half amid rate rises. 

NAB reports lift to lending, deposits following Citi acquisition

The bank has released its June quarter results, reporting a lending and deposit boost in the wake of its deal with the lender.

Video VOI to ‘fall by the wayside’ this decade: Mark Pesce

The increasing sophistication of identity fraud will result in the death of video and audio identity verification by the end of this decade, according to futurist Mark Pesce.

Treasury announces review into ASIC funding

The government has commenced a review of the financial services regulator’s funding model.

UK scraps mortgage buffer

The Bank of England has removed the affordability buffer for British borrowers this month in a bid to remove some barriers to lending as cost of living increases.