Economy

A non-major has announced the appointment of a new group managing director and CEO. 

The Reserve Bank held the cash rate in September in fear that it would “spook” a nervous market, but a third cut is on the cards in October, according to one analyst.

Home buying intentions continue to increase in light of market stabilisation and reduced interest rates, new CBA research has shown.

The market share of the big four banks has continued to fall in tandem with a decline in proprietary-originated home lending, a new analysis has revealed.

The outlook for the property market is looking brighter, with ME’s general manager of home loans, Andrew Bartolo, suggesting that there are “many signs pointing towards a solid selling ...

The Reserve Bank has “little choice” but to drag the cash rate closer towards zero in the medium term, according to ANZ Research.  

Bendigo and Adelaide Bank has announced the appointment of the former chief executive of Suncorp Bank to its board.  

ASIC has launched civil proceedings against two non-major lenders over the alleged application of “unfair” credit contract terms.  

Wisr has reported that loan originations had nearly quadrupled in the “pivotal” 2019 financial year.

The mutual bank has reported 7 per cent growth in its home lending portfolio and has bolstered its bottom line despite “challenging” market conditions.