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Aug 27 2019
The Federal Court’s decision to dismiss ASIC’s responsible lending case against Westpac has come under fire, amid concerns that it would set a precedent whereby lenders are not required to ...
Aug 27 2019
BNK Bank has announced the appointment of a new non-executive director to its board.
Aug 26 2019
The supply of new homes is expected to reach its low point soon if economic activity improves, dwelling prices stabilise, and credit tightening eases, according to the Housing Industry ...
Aug 23 2019
The CEO of an ASX-listed mortgage business has seen demand for housing loans “rise significantly” in response to the recent shift in sentiment.
Aug 22 2019
Australia’s prudential regulator has clarified that, contrary to the views expressed by some analysts, the average balance of housing loans is not representative of the level of household ...
Aug 22 2019
The member-owned bank has announced changes to its residential mortgage lending policy in response to APRA’s new guidance.
Aug 21 2019
The major bank has announced that it has completed the sale of its stake in ANZ Royal Bank to a Japanese trust.
Aug 20 2019
The proportion of home owners considering an upsize has more than doubled over the past year, according to new Westpac research.
Aug 19 2019
The Federal Court’s decision to dismiss ASIC’s responsible lending case against Westpac could lead to an overhaul of credit practices in the mortgage industry, according to one analyst
Aug 19 2019
The head of the Australian Banking Association has said that “really strict” serviceability assessments have resulted in poor customer outcomes.
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