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Dec 11 2018
Pricing for mortgages is “opaque” and the cost and effort needed to search for discounts is “unnecessarily high”, the ACCC’s Residential Mortgage Price Inquiry has found.
Dec 11 2018
The downward trend in home loan approvals reversed in October, but the spike is set to be short-lived, according to analysts.
Dec 11 2018
The Customer-Owned Banking Association has welcomed the Coalition government’s joint party-room approval of legislation designed to reduce regulatory barriers for customer-owned lenders
Dec 10 2018
The proportion of income required to service a home loan decreased nationwide over the September quarter 2018, according to joint research from Adelaide Bank and REIA.
Dec 10 2018
Delinquencies underlying Australia’s mortgage portfolio increased over the year to September 2018 off the back of out-of-cycle interest rate increases and refinancing constrains, according ...
Dec 7 2018
After considering the “future evolution of the industry”, a non-major bank has announced that it will discontinue its white-label loan products.
Dec 7 2018
Significantly fewer Australians are opting to use the services offered by bank branches, according to new research from Roy Morgan.
Dec 7 2018
A group executive of a non-major bank has resigned to assume a role as CEO of retail business.
Dec 7 2018
ANZ CEO Shayne Elliott and Suncorp Bank CEO David Carter have both been reappointed to their respective roles of chair and deputy chair of the Australian Banking Association.
Dec 6 2018
The Morrison government is set to introduce legislation designed to provide Australians with a Consumer Data Right, as an extension to the open banking regime.
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