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RBA board isn’t meek, says governor Philip Lowe

Following the release of a major review of the central bank, RBA governor Philip Lowe has disagreed with the review’s stance ...

BOQ home lending growth plummets in 1H23

BOQ Group reported its total housing portfolio grew by just $0.2 billion in 1H23 results, marking a more than $2 billion drop ...

Chalmers welcomes RBA review, appoints 2 new RBA board members

The federal Treasurer has confirmed the government will work to instate all 51 recommendations of the RBA review and ...

RBA to have 2 boards as part of major shake-up

The central bank will soon have two boards — one to set the cash rate and another for governance — as part of one of the ...

Qld govt rental reform 'dangerous' for investor borrowers: REIQ

The Queensland government has been called out by the REIQ over its new rent reform and how it could potentially harm investor ...

AMP reports loan book growth for 1Q23

The non-major bank has released an update on its loan book growth for the first quarter of 2023.

NAB extends cyclone help to WA customers

NAB has opened up a range of financial support for customers who have been affected by tropical cyclone Ilsa in Western ...

Treasurer aims to release RBA review next week

The Treasurer hopes to release the Reserve Bank review next week.

May rate hike still on the cards: RBA

The central bank’s monetary policy minutes meeting for April has revealed a possible rate hike during May is still being ...

Housing demand driven by surge in overseas migration: AMP

Australia’s housing supply is not keeping up with its growing population following overseas migration rising back to record ...

Big 4 bank predicts ‘sharp fall’ in inflation

An ANZ economist predicts headline inflation will fall in Q1 2023, indicating another rate pause is expected in May. 

Resimac prices $1bn non-conforming RMBS

The non-bank lender is ramping up to grow its alt doc and specialist products after successfully pricing a $1 billion ...

Lending holding back sustainable housing development: AHURI

Despite the push for more sustainable housing developments, financing creative solutions can be a setback for developers, ...

ASIC bans GC financial adviser

A former property scheme promoter has been sentenced to eight and a half years’ imprisonment.

Coles credit card customers embroiled in Latitude hack

Supermarket giant Coles has informed customers of its financial services business that their personal information may have ...

Pepper Money waives break costs for 2-year fixed-rate loans

The non-bank lender has launched a fixed-rate mortgage that enables borrowers to break their fixed term without penalty ...

Major banks snatch loan book market share, AFG reports

Major lenders have once again taken market share from their non-major rivals, with more than 60 per cent of AFG mortgages ...

Foreign buyers ‘big players’ in Q1 housing market: NAB

International buyers were the “bigger players” in the Australian housing market during the first quarter, according to the ...

Banks offer WA cyclone support

Major banks have announced financial support packages for customers and businesses who have been affected by tropical cyclone ...

Labor ditches Robodebt contract

The Albanese government has pledged to ensure Robodebt never happens again, announcing all welfare payment debt will be ...

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