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ASIC seeks input on short-term credit facilities
14 August 2023

The corporate regulator has released a consultation paper seeking feedback on proposals to extend product intervention orders on short-term credit facilities.

94% of AMP Bank’s resi loans written by brokers
11 August 2023

Nearly all of the residential loans written by AMP Bank in the last six months have come from the broker channel, according to the lender.

NAB economist expects elevated Q3 CPI 
11 August 2023

Economist Alan Oster has warned of an upcoming spike in third-quarter CPI, raising the prospect of additional interest rate hikes in the near future.

CBA adopts LIXI2 data standards
11 August 2023

The big four bank has committed to adopting the suite of LIXI2 data standards within its data integrations and APIs to help simplify its home lending experience.

Non-bank lender completes $500m CMBS
11 August 2023

Thinktank has completed its ninth CMBS raising $500 million in funds.

Suncorp home loan book grew $4.6bn in FY23
10 August 2023

The lender reported an uptick in home lending driven by an increase in originations by the third-party channel.

A third of rate rises still to be felt: CBA CEO
10 August 2023

Home loan customers have only experienced two-thirds of the RBA’s rate hikes and arrears will likely start rising, according to the chief executive of the major bank.

CISA reveals 3-year cyber security strategic plan
10 August 2023

The US Cybersecurity and Infrastructure Security Agency has released a three-year plan to address growing cyber threats and increase resilience across government and industry.

Rent freeze needed to save $4.9bn, says Greens
10 August 2023

The party has reiterated its rent freeze demand, which blocked the HAFF bill, suggesting renters will lose another $4.9 billion if the government does not take action.

Consumer sentiment ‘deeply pessimistic’
9 August 2023

Despite the RBA placing the cash rate on hold, consumer sentiment dropped with potential dwelling purchase confidence falling even further.

Green loans an ‘attractive prospect’ for carbon-free transition: RBA
9 August 2023

Green loans could play an integral part in the green transition, acting RBA head of domestic markets has said.

Westpac increases house price forecast
8 August 2023

The major bank has revised up its house price forecast after finding that the market continues to ‘outperform expectations’.

Lending constraints for older Australians criticised: AHURI
8 August 2023

The housing research institute has warned almost 450,000 won’t have suitable housing in the next eight years, without improved lending measures.

CBA to refer financial abuse to NSW Police
8 August 2023

The NSW trial will enable the major bank to report repeated financial abuse in transaction data to the police, according to the major bank.

Capital city auction activity drops 11.7%
8 August 2023

Auction activity in the nation’s capitals has dropped this week following recent upward trends.