May 17 2016
A new report has revealed bank lending to small businesses reached its highest level on record in 2015.
May 16 2016
National Australia Bank has followed the other three major banks in tightening its mortgage lending criteria for non-residents.
May 12 2016
Conditions and confidence among Australian businesses has remained "well above average levels" despite suffering a decline in April, according to NAB chief economist Alan Oster.
May 10 2016
Australia’s largest lender has posted a $2.3 billion cash profit for the three months to 31 March, despite a significant increase in loan impairment.
May 10 2016
Four more lenders have followed Yellow Brick Road in announcing reductions to their variable mortgage rates.
May 9 2016
Four more lenders have announced reductions to the standard variable rate (SVR) on their home loan products, but not all have passed on the rate cut in full.
May 9 2016
Moody’s Investors Service says ANZ’s results for the first half of 2015-16 highlight the “extremely challenging” environment experienced by Australian banks.
May 6 2016
NAB has reported sluggish home lending growth in the six months to March, but says its mortgage book has been strengthened through tightened credit policy.
May 5 2016
ANZ has questioned proposed capital changes to investor loans, saying it sees no evidence that home loans for property investment are riskier than owner-occupied mortgages.
May 5 2016
Eleven lenders have joined NAB in reducing their mortgage rates after the Reserve Bank dropped the official cash rate to a record low 1.75 per cent.
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