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Sep 19 2019
Super fund-owned bank ME has reported a 7.3 per cent growth in its loan book but continues to see net interest margin hit by “intense competition” in the home loan market.
Sep 19 2019
The corporate watchdog has reportedly expressed support for a new inquiry into competition in the financial services sector.
Sep 18 2019
Without interest rate cuts and tax deductions, the outlook for GDP growth would have been “materially lower”, according to ANZ Research.
Sep 18 2019
The Reserve Bank has touted the possibility of an investor-driven resurgence in the residential property market.
Sep 18 2019
The latest ABS data points to further signs of a recovery in the residential property market.
Sep 17 2019
New figures from AMP Bank have shown a “significant uptick” in the number of home loan customers switching from IO to P&I loans ahead of expiry in light of record-low interest rates
Sep 16 2019
The government-backed lender has announced changes to its mortgage serviceability assessment policy, in line with APRA’s new guidance.
Sep 16 2019
Financial software company Iress has appointed Cagdas Deniz Ertem as its first business development manager for its mortgage software business in Australia.
Sep 13 2019
The diversified financial services business has partnered with an international alternative asset manager to form a “formidable new funding force” in the mortgage market.
Sep 13 2019
“Detailed” consultations are due to begin with lenders regarding their participation in the federal government’s First Home Loan Deposit Scheme.
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