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REA Group reports settlements dropped 13% in FY23

The digital property business that owns Mortgage Choice has reported a fall in new settlements amid economic challenges.

ASIC seeks input on short-term credit facilities

The corporate regulator has released a consultation paper seeking feedback on proposals to extend product intervention orders ...

94% of AMP Bank’s resi loans written by brokers

Nearly all of the residential loans written by AMP Bank in the last six months have come from the broker channel, according ...

NAB economist expects elevated Q3 CPI 

Economist Alan Oster has warned of an upcoming spike in third-quarter CPI, raising the prospect of additional interest rate ...

CBA adopts LIXI2 data standards

The big four bank has committed to adopting the suite of LIXI2 data standards within its data integrations and APIs to help ...

Non-bank lender completes $500m CMBS

Thinktank has completed its ninth CMBS raising $500 million in funds.

Suncorp home loan book grew $4.6bn in FY23

The lender reported an uptick in home lending driven by an increase in originations by the third-party channel.

A third of rate rises still to be felt: CBA CEO

Home loan customers have only experienced two-thirds of the RBA’s rate hikes and arrears will likely start rising, according ...

CISA reveals 3-year cyber security strategic plan

The US Cybersecurity and Infrastructure Security Agency has released a three-year plan to address growing cyber threats and ...

Rent freeze needed to save $4.9bn, says Greens

The party has reiterated its rent freeze demand, which blocked the HAFF bill, suggesting renters will lose another $4

Consumer sentiment ‘deeply pessimistic’

Despite the RBA placing the cash rate on hold, consumer sentiment dropped with potential dwelling purchase confidence falling ...

Green loans an ‘attractive prospect’ for carbon-free transition: RBA

Green loans could play an integral part in the green transition, acting RBA head of domestic markets has said.

Westpac increases house price forecast

The major bank has revised up its house price forecast after finding that the market continues to ‘outperform expectations’

Lending constraints for older Australians criticised: AHURI

The housing research institute has warned almost 450,000 won’t have suitable housing in the next eight years, without ...

CBA to refer financial abuse to NSW Police

The NSW trial will enable the major bank to report repeated financial abuse in transaction data to the police, according to ...

Capital city auction activity drops 11.7%

Auction activity in the nation’s capitals has dropped this week following recent upward trends.

Fake landlords scammed $86k from WA renters in 2023

As Western Australian renters grapple with the accommodation shortage and cost-of-living crisis, a regulator warned online ...

‘Historical high’ for mortgage repayments projected: RBA

The Reserve Bank has lifted its projection for the amount of disposable income that will need to be dedicated to scheduled ...

Merged Bendigo-Suncorp bank could be a ‘more effective competitor’: ACCC

The ACCC has suggested that a merger between Bendigo and Adelaide Bank and Suncorp Bank could actually benefit competition, ...

PEXA Refinance Index hits record high

Loan refinancing volumes reached new highs by the end of July, PEXA’s Refinance Index has indicated.

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