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Economy

9 October 2018

The major bank’s customers will continue to have access to “over-the-counter” banking services at Australia Post following a renewal of the pair’s partnership.

8 October 2018

OPINION: Using benchmarks for expenses has long been an accepted part of the mortgage application process, but the reliance on HEM is increasingly being called into question. The real ...

8 October 2018

The non-bank lender has priced its second prime residential mortgage-backed securities (RMBS) transaction of 2018 at $600 million.

5 October 2018

The CEO of a non-major lender has called for a “level playing field” for serviceability assessments in the mortgage market.

5 October 2018

Fitch Ratings has maintained that sluggish improvements in the unemployment rate, stagnant inflation and exchange rate depreciation would deter the central bank from lifting the cash rate ...

5 October 2018

The industry association has expressed support for a draft bill introduced by the federal government designed to reduce barriers to capital raising by mutual banks.

5 October 2018

House prices could fall by another 10 per cent and a “crash landing” remains a significant risk in the aftermath of the royal commission, according to AMP’s chief economist.

4 October 2018

An incentive program run by a major bank, which rewards bankers with bonuses for achieving home loan sales targets, was a “significant cause” of misconduct involving “collusion” between its ...

4 October 2018

Equifax, Australia’s largest consumer credit reporting agency, has been fined $3.5 million for misleading, deceptive and unconscionable conduct.

4 October 2018

The regulatory and economic environment could prompt further rises in mortgage rates, despite the prolonged stability of Australia’s official cash rate, according to the CEO of a major ...