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Latitude reveals impact of cyber attack in 1H23 results
21 August 2023

The non-bank lender has released its 1H23 results for the period ended 30 June 2023, which revealed the impact of its cyber breach earlier this year.

Labour market showing signs of easing: Economists
18 August 2023

The employment rate in Australia decreased in July, confirming the central bank's expectations of a ‘turning point’.

Property heads welcome rejection of rent freezes
18 August 2023

While property leaders commend the national cabinet’s recent housing targets as a positive stride forward, they emphasise the urgency for decisive action in addressing the housing challenge

Cryptocurrency lender sentenced for false ACL claims
18 August 2023

A cryptocurrency lender has been sentenced to a non-conviction bond for falsely claiming that it held an ACL.

ANZ reports owner-occupied lending up $4bn in 3Q23
18 August 2023

ANZ’s third-quarter results have unveiled an uptick in its loan book.

First-ever Women in Finance Summit launches
17 August 2023

Momentum Media is proud to launch its inaugural Women in Finance Summit, aimed at supporting and connecting leading female business owners in the financial services space.

Senate inquiry reveals 97% of Bankwest’s transactions are digital
17 August 2023

The bank has told the inquiry that its strategy was to grow as a “digital and broker-first bank for home buyers”.

RBNZ holds cash rate for second consecutive month
17 August 2023

New Zealand’s Reserve Bank has decided to hold its cash rate once again.

National cabinet agrees to new ‘ambitious’ housing target
16 August 2023

The national cabinet has agreed to an updated target of 1.2 million new homes over five years.

Rate hikes ‘working as intended’: RBA
16 August 2023

As the Reserve Bank’s decision to halt the cash rate was influenced by favourable inflation data, economists widely anticipate the bank will hold in September.

Interest rates begin to weigh on regional property prices
16 August 2023

Despite consistent growth in regional housing values over the past five months, the impact of rising interest rates is becoming apparent in several regional markets.

Unauthorised banker hit with injunctions
16 August 2023

APRA has welcomed the Federal Court’s decision to prohibit Andrew Morton Garrett from operating unauthorised banking businesses.

Qld government expands eligibility under Resilient Homes Fund
16 August 2023

The Palaszczuk government revealed up to 1,000 additional Queensland home owners would be eligible to raise their homes above flood level.

Life decisions postponed due to high rates: Mortgage Choice
15 August 2023

The aggregator has revealed the impact the current economic environment has had on mortgagors and prospective buyers through a recent survey.

Supply shortage drives land values up: HIA 
15 August 2023

A land supply shortage lies at the core of the housing crisis, driving prices up, a new report has revealed.