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Aussie banks to increase credit-risk buffer in 2023: APRA

APRA has increased the countercyclical capital buffer (CCyB) to 1 per cent of risk-weighted assets (RWA), the regulator has ...

‘Lending spread’ key to Aussie banks’ profitability

A long-term low-interest rate environment didn’t adversely affect Australian banking profitability, the RBA has found.

NAB offers payment reduction initiative for new families

The major bank is offering additional support under NAB Assist for new parents with home loan repayment challenges.

Mortgage serviceability a test in 2023

The new year will be a trying time for mortgage holders as record-low fixed rates secured in 2021 begin to expire.

Borrowers to face 5 challenges this year: Rate Money

As we enter a new calendar year, borrowers should expect to navigate five key hurdles, the chief executive of mortgage ...

FHBs to lean on home loan deposit schemes

As many Australians reconsider their home ownership goals in 2023, Great Southern Bank is reminding borrowers of government ...

The top news stories of the year 2022

As the year 2022 draws to a close, we recap some of the biggest news stories of the year that impacted the mortgage industry

Our top podcast episodes of 2022

As we wrap up the year, we take a look back at some of our most-listened-to podcast episodes of 2022.

Heritage Bank gains climate neutral status

Heritage Bank has earned the government’s climate seal of approval, Climate Active certification, by reducing emissions.

Property price declines to weigh on refinancing prospects: S&P

While home loan arrears have been resilient to date, property price declines and rising rates will “hurt some borrowers”, ...

Australia’s economic growth expected to drag in 2023

While Australia’s economic growth is expected to take a hit in 2023, bank economists agree that Australia will avoid ...

Thinktank opens new WA office

Non-bank lender Thinktank has expanded its national footprint with the opening of an office in Perth and bolstering its WA ...

Bank Australia chooses partner to ‘transform’ originations

The non-major bank has chosen Cloudcase Software Solutions to transform its onboarding and loan origination platform as part ...

Gold Coast still a property crowd favourite

The Gold Coast continued to be the crowd favourite among interstate buyers, according to a new report, with southerners being ...

Build-to-rent ‘has more legs to run’

New analysis has painted the build-to-rent (BTR) sector as “an investment theme not to be ignored” over the coming years

Banks have ‘big responsibility’ to avoid cyber crime and scams: Senator Paterson

Liberal Senator James Paterson says banks are ultimately responsible for ensuring that mortgages and other payments are safe ...

Inflation uncertainty ‘top threat’ for financial sector 

Inflation, cyber risk and geopolitical risk and trade tensions deemed the most significant threat to the financial services ...

NAB extends SA flood support

The major bank has extended the availability of $1,000 grants to flood-impacted residents in South Australia until 5 January

Home settlement decline pivoted in November

Sales settlements picked back up across all major states, except Victoria, the latest data has revealed.

Mirvac CEO and former Macquarie director to lead NHSAC

The government’s interim National Housing Supply and Affordability Council will be led by the chief executive of Mirvac, it ...

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