Charbel Kadib

AUTHOR | No. of articles: 1048

Charbel Kadib is the news editor on the mortgages titles at Momentum Media. Before joining the team in 2017, Charbel completed internships with public relations agency Fifty Acres, and the Department of Communications and the Arts. You can email Charbel on: [email protected]

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Business credit growth hits 30-year high

Innovation

Business credit growth hits 30-year high

01 May 2020 • Hits: 1890

Business lending volumes have surged in response to cash flow issues arising from the COVID-19 crisis, data from the Res...Read More

S&P Global Ratings

Economy

Banks to withstand sixfold increase in credit losses: S&P

30 April 2020 • Hits: 2800

Australia’s banking sector is set to shed almost $30 billion from credit losses induced by the COVID-19 crisis, accord...Read More

Big 4 cashed in on mortgage rate

Economy

Big 4 cashed in on mortgage rate ‘lag period’: ACCC

29 April 2020 • Hits: 4310

The major banks clawed in millions from a delay between mortgage rate cut announcements and effective dates, the ACCC ha...Read More

Westpac

Lender

Westpac pencils in $1.6bn in new impairments

29 April 2020 • Hits: 2116

The major bank has written off $1.6 billion in impairments relating to the economic fallout from the COVID-19 outbreak. ...Read More

NAB

Finance Products

NAB appoints new head of retail, launches capital raise

28 April 2020 • Hits: 5256

The big four bank has announced two senior executive appointments, including a new head of retail, and has launched a $3...Read More

Non-majors downgraded amid default risks

Lender

Non-majors downgraded amid default risks

27 April 2020 • Hits: 5035

Growing credit quality concerns have prompted ratings agency Moody’s to downgrade the issuer ratings and outlooks for...Read More

S&P Global

Economy

Loan relief to disguise ‘true’ credit impact of COVID-19: S&P

27 April 2020 • Hits: 396

Mortgage relief assistance provided to borrowers in the wake of the COVID-19 pandemic would hide the “true effects” ...Read More

Economy

AMP Bank holds firm as group sheds billions

24 April 2020 • Hits: 2033

The financial services group has taken a multibillion-dollar hit from the COVID-19 crisis, with AMP Bank the only divisi...Read More

suburbs

Innovation

Weak population growth to increase strain on home prices

23 April 2020 • Hits: 3553

The looming slide in housing market activity in response to the COVID-19 crisis could be exacerbated by weaker than aver...Read More

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