Sep 4 2018
A big four bank has admitted to breaching responsible lending obligations in its issuance of home loans and has agreed to pay a $35-million civil penalty.
Sep 4 2018
The Reserve Bank has revealed its cash rate decision for September, announced against a backdrop of out-of-cycle rate hikes from lenders.
Sep 4 2018
The Reserve Bank has surprised industry pundits with its September cash rate decision, announced against the backdrop of out-of-cycle rate hikes from lenders.
Sep 4 2018
The Reserve Bank has announced the official cash rate for September following its monthly board meeting.
Sep 4 2018
A “complex” market dynamic has inhibited the competitive ambitions of lenders, who are confronted with increased scrutiny in a softening market, according to one economist.
Sep 4 2018
National dwelling values have continued to fall, with the latest CoreLogic data reporting a 0.3 of a percentage point drop in national home prices, down by 2.2 per cent since peaking in ...
Sep 4 2018
Three in five Australians are unaware of the implications of the federal government’s comprehensive credit reporting regime, which could affect their borrowing prospects, according to new ...
Sep 4 2018
A deposit bond provider has announced its re-entry into the Australian market after having to close shop temporarily.
Sep 3 2018
S&P has downgraded its credit rating for AMP’s banking arm, citing damning revelations of misconduct aired during royal commission hearings.
Aug 31 2018
The Reserve Bank has “misread” economic conditions, with a drop in the cash rate “highly conceivable” amid out-of-cycle hikes from lenders that could continue “within a few days”, according ...
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