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Economy

AMP credit ratings get downgraded due to reputational damage

03 September 2018 • Hits: 4065
S&P has downgraded its credit rating for AMP’s banking arm, citing damning revelations of misconduct aired during�...Read More
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Economy

Xinja to use IRESS platform to process mortgages

30 August 2018 • Hits: 3975
The digital lender has extended its contract with IRESS to process Xinja home loans as it prepares to expand into the mo...Read More
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Economy

Former major bank deputy CEO joins non-major

30 August 2018 • Hits: 2103
A former deputy CEO of a major bank has joined the boards of a non-major banking group. Read More
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Economy

Vacancy rate in Victoria drops to 16-year low

30 August 2018 • Hits: 462
Victoria’s vacancy rate has hit its lowest point since the REIV first began collecting vacancy rate data. Read More
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Lender

Lender increases owner-occupier rates by 5 bps

29 August 2018 • Hits: 2576
Virgin Money is the latest lender to raise its interest rates for owner-occupier home loans. Read More
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Lender

NAB loses COO to Visa

29 August 2018 • Hits: 3240
NAB has announced the resignation of its chief operating officer and the appointment of a new acting group executive. ...Read More
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Lender

High-income earners most anxious about mortgage repayments: NAB

28 August 2018 • Hits: 3041
Consumer anxiety had risen “sharply” in Q2 of 2018 due to concerns around the economy and household finances, accord...Read More
government, financial services, Scott Morrison, Minister for Revenue and Financial Services

Economy

Government scraps financial services ministry

28 August 2018 • Hits: 5256
The new government, under Scott Morrison’s leadership, will no longer comprise a Minister for Revenue and Financial Se...Read More
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Economy

CBA, World Bank settle $110m blockchain bond

27 August 2018 • Hits: 2449
The first public bond to have reportedly been created, allocated and managed using blockchain technology has raised $110...Read More

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