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15 years’ jail for woman who defrauded NAB of millions

Helen Mary Rosamond has been sentenced to a total of 15 years’ imprisonment after being found guilty of defrauding NAB of ...

Home ownership rate drops for young FHBs: AHURI

The home ownership rate of Millennial first home buyers has declined over the last few decades, research has found.

Steady unemployment rate poses rate uncertainty: Economists

Australia’s unemployment rate holds steady, raising uncertainties over the Reserve Bank’s interest rate stance for August

Rate hikes drive down home sales: HIA

New home sales have dropped nationally attributed to the steep rise in the cash rate over the past 14 months.

NAB revises up house price forecasts

The major bank has revised its house price forecasts, suggesting home values will end the year up 4.7 per cent, not down 4 ...

Victorian government invests $150m in regional worker accommodation

The Victorian government has announced a $150 million investment to open housing for regional workers.

Australia falling short on social housing

New research from the Australian Institute of Health and Welfare reveals how the country has fallen behind on the social ...

Major bank restructures, reshuffles leadership

A big four bank has announced it will restructure, including by changing its senior leadership for business and consumer ...

Mortgage costs weighed on RBA’s cash rate decision

Record-high mortgage payments were factored into the central bank’s decision to hold the cash rate.

Mortgage stress tipped to increase in late 2023: illion

New findings released by the credit bureau have raised concerns about the escalating financial stress levels on Australian ...

Treasury aims to fill RBA deputy governor spot ‘swiftly’

Jim Chalmers has said he aims to fill the deputy governor and a new assistant governor ‘relatively swiftly’ before the new ...

Big 4 dominate loan book market share: AFG

The major banks continue to maintain prevalence in market share when compared to non-major counterparts in the last quarter ...

RedZed appoints COO

The non-bank lender has announced Paul Dontschuk has stepped into the position of chief operating officer.

MA Money appoints new state manager

The non-bank lender has welcomed two new appointments to its team, strengthening its broker relations.

Westpac board member steps down

An independent, non-executive director has stepped down from the board of the major bank, effective immediately.

ANZ calls extended cash rate pause

The major bank has changed its RBA call and now believes a hold in August is most likely.

Colonial First State Investments settles class action for $100m

Colonial First State Investments has reached an in-principle settlement regarding a superannuation class action about ...

Great uncertainty around global interest rates: CBA

There is still significant uncertainty regarding the movements of interest rates around the world, according to Commonwealth ...

New RBA governor announced

The federal government has confirmed who will take over the reins as governor of the Reserve Bank of Australia following ...

Majors flag ‘emerging challenge’ facing mortgaged property

Ensuring borrowers are maintaining appropriate insurance on mortgaged property is a growing concern for the banking sector, ...

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