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Westpac gives update on Scam-Safe Accord
23 July 2024

The Scam-Safe Accord announced in November 2023 is a partnership between banks aimed at providing a “higher standard of protection for customers and put scammers out of business in ...

Heartland Bank names new CEO
22 July 2024

The digital specialist bank has named its new CEO, beginning her role today (22 July).

What’s causing arrears to rise?
22 July 2024

The central bank has unpacked the main drivers behind the recent increases in home loan arrears.

June quarter sees 15.7% increase in new home sales
22 July 2024

The June quarter has seen a substantial increase in new home purchases, in what is being described as a sustained sales recovery.

Has housing price growth plateaued?
22 July 2024

Rising stock levels and sticky inflation have weighed on demand, resulting in an easing in the rate of home value growth.

9 themes impacting the global economy
22 July 2024

A recent deep dive into market trends has outlined some of the top trends impacting the global economy.

APRA reduces Westpac’s risk capital
19 July 2024

Westpac is set to have its risk capital add-on reduced by $500 million after positive progress to improve risk governance, culture and risk management.

Broker satisfaction data is in: What makes a great lender?
19 July 2024

Recent data has detailed the top-performing lenders for broker experience across the last quarter. Brokers are weighing in to let their own experiences be heard, outlining what makes an ...

Aussie SMEs have ‘gone into hibernation’
19 July 2024

New data has suggested that Australian businesses are ceasing their growth plans and turning away from securing new financing.

June Labour Force print ‘positive news for the RBA’
19 July 2024

June’s employment data could lead to a further hold in the official cash rate, barring any upside shocks from next week’s CPI print.

Former NSW broker cops permanent ban
18 July 2024

ASIC has permanently banned a former Sydney-based mortgage broker following convictions of fraud.

Brokers turning towards non-banks for client circumstances
18 July 2024

Almost 90 per cent of brokers indicated client circumstances as the “primary reason” for recommending non-bank lenders to their clients.

Urban population growth and its effect on the housing market
18 July 2024

Recent data has tracked the growth in Australia’s urban population over a century. Economists are now weighing in, giving insights on what these trends mean for the housing market in ...

Is tenancy in common ‘Australia’s best kept secret’?
18 July 2024

Tenancy in common – similar to joint tenancy – is a means of co-ownership of a commercial or residential property. What’s the difference between the two?

Athena launches ‘Tailored’ product suite
18 July 2024

The non-bank lender plans to scale its $7.5 billion in settled loans with the launch of a new product collection.