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NAB has announced the retirement of its group executive people and culture Susan Ferrier as of 31 October 2023.

Australia’s first National Anti-Scam Centre has officially launched, building a “fusion cell” to target scammers.

The Reserve Bank’s decision may come as a welcome one, but a further cash rate hike still looms.

The number and value of owner-occupier refinances hit a new record high in May, with new lending also returning to growth.

Although the latest inflation figures were lower than anticipated, a rate hike is still expected by many bank economists.

New research from the non-major bank has found a majority of Australian mortgage holders are concerned about meeting their repayments.

The latest ABS data on building approvals has revealed a lift in total dwelling approvals for May following an April decline.

Australia’s banks wrote an additional $8 billion in mortgages in May, taking their total loan books to over $2.1 trillion, new APRA stats show.

Mortgagors coming off their fixed-rate loans could see repayments more than double as we enter the new financial year.

The proptech company, which was in a strategic partnership with CBA’s x15, has appointed KPMG as administrators.

As rising interest rates disproportionately affect households with mortgage debt, further fiscal tightening may be needed.

Deputy chair Helen Rowell has recently announced her departure from her position at APRA after serving 10 years.

Despite rapid acceleration in home prices over the pandemic, prices have actually taken longer to double than previously.

The move will see Alison Kitchen depart KPMG after almost 30 years to join the major bank.

While economists had agreed the central bank would lift the cash rate in July, the latest inflation figures have some questioning.