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ANZ seeks review of ACCC decision on Suncorp acquisition

The major bank has announced it has filed an application for the Australian Competition Tribunal to review ACCC’s acquisition ...

BNK set to push further into higher-margin lending

The banking group exceeded its 15 per cent target of high-margin lending in the financial year 2023, with the lender ...

ASIC welcomes 3 new commissioners 

The new commissioners will join the regulator from CHOICE, CBA, and the Commonwealth Treasury.

Firstmac prices $1.2bn RMBS

The non-bank lender has confirmed it has successfully priced a RMBS issue priced at over $1 billion.

Housing market showing resilience going into spring: CoreLogic

The property market has shown “unusual” signs of resilience this winter, which is expected to continue into spring, CoreLogic ...

Housing recovery to continue to year end: Westpac 

The major bank has said the peak in interest rates and surging migration are the primary drivers behind the market recovery

MA Financial loan book up 59%

The group’s lending platforms recorded almost 60 per cent loan book growth on 1H22 as it expects accelerated momentum in the ...

Home owners seeking faster financing, shorter terms: Bridgit

The non-bank lender has observed a growing trend of home owners looking for quicker ways to jump on property opportunities.

New mortgages fall countrywide: PEXA

New residential loans declined across Australia in the financial year 2023 with new lending returning to pre-pandemic levels, ...

16 years of savings needed for house deposit: Finder

First home buyers are required to save for over a decade on average to afford a deposit on a home, new research has found.

‘Decade-low’ of home building expected as sales drop: HIA

Sales of new homes continued to decline in July indicating 10-year lows for home building, the latest HIA New Home Sales ...

Slow uptake for mortgages: RBA digital currency pilot

The adoption of digital currency for mortgages is anticipated to progress at a ‘slower’ pace compared to other categories of ...

Union push for RBA board not ‘controversial’: Treasurer

The federal Treasurer has addressed the criticisms aimed at union representatives being appointed to the central bank’s board

HAFF submissions to close in a week

Submissions regarding the HAFF Bill’s second referral to the economics legislation committee will shut next week.

Buying a property with 2 loans isn’t as simple as it sounds

Using two loans to acquire a property for an SMSF can be done, but there are layers of documentation and regulations that ...

Housing shortage ‘biggest issue’ facing Australia: NAB CEO

The major bank’s chief executive has urged that quick action is needed to address the country’s housing shortage problem

Equity position of Home Guarantee Scheme buyers improving: NHFIC

Research has revealed participants of the scheme only increased their average deposit paid by $1,200 compared to all first ...

NSW government splits department to provide greater housing focus 

From January 2024, the state will have a dedicated Department of Planning, Housing and Infrastructure.

AMP agrees to $110m settlement in class action

AMP has reached an agreement to settle a shareholder class action, ahead of a three-week trial.

Spending to ‘slow significantly’ as mortgage repayments rise: AMP

While accumulated household savings are helping cushion impact of high rates, consumer spending is set to slow as borrowers ...

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