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.
May 5 2016
Moody’s Investors Service says Westpac’s half-yearly results are “credit neutral”, but the major bank’s asset quality is likely to come under further pressure in the months ahead
May 4 2016
ANZ chief executive Shayne Elliott has revealed why the group decided to change its lending criteria for non-residents.
May 3 2016
NAB will cut its variable home loan and business rates following today's cash rate decision by the Reserve Bank.
May 3 2016
ANZ has seen its profit plunge by 24 per cent as its CEO flags a “challenging period for banking”.
May 3 2016
Westpac CEO Brian Hartzer believes the group will see a further increase in delinquencies in the second half of 2016.
Apr 28 2016
Westpac has become the third major bank to announce changes to its home lending criteria for foreign investors.
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