Breaking

Signs of credit risk improve despite higher rates
7 December 2023

Credit risk has shown a positive turnaround towards the end of 2023, despite rising interest rates, new data has found.

SA’s rental reforms impact investor tenancy terminations
7 December 2023

Recent reforms in South Australia’s residential tenancy laws will implement specific grounds for terminating or declining to renew a tenancy.

E-conveyancers ‘investing heavily’ following UK cyber attack
6 December 2023

Local e-conveyancing providers are “taking several steps to ensure we remain vigilant” in the aftermath of the cyber attack overseas.

BOQ to address disadvantages and invest in ‘legacy issues’
6 December 2023

The lender has confirmed it will put further investment into addressing “historic” issues, including developing its digital bank offering.

Residential housing values top $10.2tn
6 December 2023

The value of Australia’s 11 million residential homes has topped $10.2 trillion for the first time.

Christmas comes early: RBA holds
5 December 2023

The central bank has held the official cash rate steady in the lead-up to the holiday season.

ACCC made ‘fatal mistake’ in blocking ANZ/Suncorp merger: ANZ counsel
5 December 2023

The consumer watchdog has made a “fatal mistake” when it knocked back ANZ’s $4.9 billion acquisition of Suncorp Bank, the counsel representing ANZ has told the competition tribunal.

Owner-occupier lending continues to grow: ABS
5 December 2023

New home loan activity contributed to an uptick in mortgage growth in October, new ABS data has found, as refinancing continued to fall.

Beyond Bank appoints new CEO
4 December 2023

The former chief executive of RAMS has assumed the role of CEO at Beyond Bank.

Rate hike reprieve likely for December
4 December 2023

Predictions from the big bank economists and markets have foreseen interest rates to hold steady in December.

Building approvals bounce back in October: ABS
4 December 2023

The number of dwellings approved ticked up for the month, however, economists still note that approvals are sitting at low levels.

Government pushes forward with Digital ID 
4 December 2023

Legislation has been presented before the Senate that aims to “strengthen and expand Australia’s Digital ID System” and could speed up the loan process.

Auswide Bank appoints next CEO 
1 December 2023

The lender has revealed its next managing director and chief executive.

November property prices hit record highs
1 December 2023

National home prices have reached new heights for the month despite rising interest rates and an easing in price growth.

CBA mortgage book holds steady in October: APRA
1 December 2023

The major bank’s loan book has recorded a slight increase, breaking three consecutive months of declines.