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Jul 25 2019
The corporate regulator has confirmed that it will commence civil court penalty proceedings against the big four bank.
Jul 25 2019
Debt-to-income ratios will likely play a larger part in increasing mortgage application rates than serviceability changes, the CEO of banking and wealth at Suncorp has said.
Jul 25 2019
The Commonwealth Bank of Australia has cut savings rates by up to 25 basis points for its savings accounts, becoming the final big four bank to announce its changes.
Jul 25 2019
The prudential regulator has required several banks to tighten their intra-group funding arrangements after they were found to be in breach of prudential standards.
Jul 24 2019
Queensland-based mutual lender Heritage Bank has announced that it will be opening its first interstate branches later this year, with two branches set to open in Sydney.
Jul 24 2019
A new report from CoreLogic has identified stark shifts in the property market landscape across Australia’s major capital cities.
Jul 23 2019
Three more lenders have announced cuts to their interest rate floors for home loan serviceability assessments in response to APRA’s new guidance.
Jul 23 2019
Mortgage-holders are wasting approximately $4.2 billion annually in “unnecessary” interest costs, according to new research.
Jul 23 2019
Property price declines have wiped approximately $5.5 billion in revenue from state government budgets, according to a new analysis from Moody’s Investors Service.
Jul 22 2019
Credit Suisse has announced the appointment of a senior banker from Deutsche Bank in Hong Kong as the CEO of its Australian business.
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