Fabian Cotter

CBA class action goes to Federal Court

The major bank will head to Federal Court today (7 November) as the ongoing class action relating to money laundering disclosures continues. 

REGULATION • Sun, 06 Nov 2022

‘New bank on the block’ — APRA issues RADI licence

The regulator has granted a restricted ADI licence to a new bank for the Australian market.

LENDER • Thu, 03 Nov 2022

‘Scourge’ inflation target rate ‘couple of years away’: RBA

Persistent high inflation would mean dealing with it for longer and even higher interest rates, the RBA has warned.

ECONOMY • Wed, 02 Nov 2022

First movers begin passing on RBA rate rise

The RBA’s November cash-rate increase to 2.85 per cent is flowing through to more Australian bank interest rates this month.

LENDER • Wed, 02 Nov 2022

BNK portfolio reaches $2.8bn

Digital bank BNK has reported first quarter 2023 growth across key metrics, with its total portfolio now around $2.8 billion.

LENDER • Tue, 01 Nov 2022

2.85% November cash rate announced

In a call that could have gone each way, the central bank has announced a 25 basis points hike for its Melbourne Cup Day rate decision.

ECONOMY • Tue, 01 Nov 2022

Could a 50-bp rate hike be back in focus?

Most big four banks expect a 0.25 per cent rate hike today, but recent inflation data may have put 50bps back on the table.

ECONOMY • Mon, 31 Oct 2022

Resident loans aiding lending growth amid tight times: APRA

Despite monetary tightening, a $6.5 billion (0.5 per cent) increase in loans to owner-occupied housing has aided credit growth, APRA has revealed.

PROPERTY • Mon, 31 Oct 2022

Budget Reply reaffirms super use for FHB: Dutton

Opposition Leader Peter Dutton has released the Liberal Party's Budget Reply, outlining that people should be able to use their super to buy their own homes.

ECONOMY • Sun, 30 Oct 2022