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The competition watchdog has said it will take time to ‘reflect’ on the tribunal’s decision to overturn its decision blocking the ANZ-Suncorp Bank merger.

The central bank has released the minutes from its first monetary policy decision for 2024 and why it decided to leave the cash rate unchanged.

The Australian Competition Tribunal has overturned the ACCC’s decision to block the ANZ-Suncorp merger – giving it the green light to proceed.

The Australian Competition Tribunal will hand down its determination relating to ANZ’s proposed acquisition of Suncorp Bank today.

There were 2,044 auctions held last week, the highest of 2024 so far, as home buying demand remains strong.

The banking group has confirmed that most Aussies are ahead of their mortgage repayments despite cost-of-living pressures.

The median price of a residential block of land has hit new records due to shortages on land, the HIA has found.

The unemployment rate has risen to levels not seen since January 2022, the ABS has reported.

Commonwealth Bank of Australia (CBA) and its subsidiary CommSec have been hit with record fines after underpaying employees millions of dollars.

Two former Westpac heads have launched a new AI tool for repricing home loans that utilises “crowd haggling” to secure better mortgage rates.

APRA has welcomed the federal court’s decision to prevent the businesses from further operation.

A non-executive director of AMP has been appointed as the new chair of the group as Debra Hazelton retires.

New home loans funded by the major bank have once again declined year-on-year.

Broker channels are dominating residential loans at AMP, according to the bank’s results for FY23.

The non-major lender has announced that it has appointed a new head of home lending and broker distribution.