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CDR access should include loan processors: AMP Advice

The trusted adviser model in open banking should be expanded to enable loan processors and practice managers to receive data, ...

CFR supports APRA’s 3% buffer

The CFR has maintained that APRA’s serviceability buffer of 3 per cent remains appropriate in the current economic climate

Unplanned migration to cause surge in housing shortage: IPA

New research from the Institute of Public Affairs has estimated a housing shortage of over 250,000 dwellings due to a rise in ...

Qld state budget ‘hollow’ on housing: REIQ

The REIQ has criticised the Queensland government’s state budget, stating that it “lacks a long-term housing plan”.

NAB ups terminal cash rate forecast

The major bank has lifted its terminal cash rate call once again after already adjusting its forecast to 4.35 per cent.

Home buying intentions up almost 15% in May: CBA

New research from the major bank has found that home buying spending intentions rose during May.

Former Macquarie CEO in Birthday Honours List

Nicholas Moore, the former chief executive of Macquarie Group, is one of several finance industry leaders recognised in the ...

APRA warns banks about overusing lending exceptions

The prudential regulator has warned banks that lenders with higher volumes of lending exceptions will be faced with ...

Financial inequality remains a barrier to home ownership

Property professionals have cited a concerning pattern of financial inequality that is holding women back from achieving ...

Home Guarantee places ‘still available’

While the federal government’s Home Guarantees have helped 100,000 Australians purchase their own home since the program ...

Banks pass on latest rate hike

Australia’s major banks have passed on the Reserve Bank’s rate hike for June.

Regulators left with no choice but to embrace AI

Australia’s financial system regulators have flagged the security risks posed by rapidly evolving artificial intelligence ...

Qld budget to focus on regional housing

The Queensland government is set to prioritise regional housing in its upcoming state budget, with a particular focus on ...

Time taken to save a deposit improves

While housing affordability has worsened, the median time required to save a 20 per cent deposit has fallen to 10.5 years.

Majors target cyber scams

Two major banks have warned customers against cyber scams and have taken measures to prevent them.

New APRA expectations will level the playing field: Non-majors

Several non-major lenders have welcomed the government’s updated expectations for the prudential regulator, stating they will ...

New borrowers have ‘far lower’ resilience to rate hikes

Against the backdrop of sharply rising cash rates, concerns over affordability, savings buffers, and overall household ...

National loan growth to slow: Fitch Ratings

The credit ratings provider has forecast loan growth to slow in Australia entering the second half of the calendar year.

NSW government rental bidding ban backtrack

Taking heed of mounting concerns over its potential implications, the NSW government has made the decision to abandon its ...

RBA monitoring arrears on the path to lower inflation

RBA governor Philip Lowe had outlined the factors the board is considering on the path to lower inflation after another rate ...

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