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Jun 22 2017
Morningstar remains “cautiously optimistic” about Australia’s largest mortgage providers despite this week’s credit rating downgrade by Moody’s over housing market risks.
Jun 21 2017
The corporate regulator is working with the Australian Federal Police on an investigation into “suspicious trading” of major bank shares ahead of the announcement of the new bank levy in ...
Jun 21 2017
There has been little change in bank fees paid by households as more than 900,000 new home loans were provided by Australian banks in the last year.
Jun 21 2017
Moody’s Investors Service has downgraded the credit ratings of 12 Australian banks including the major lenders, citing ‘elevated’ debt in the housing sector.
Jun 20 2017
A major bank has announced further interest rate increases but says they are not in response to the bank levy.
Jun 20 2017
A non-major lender has appointed a new chief economist and head of research for the Asia-Pacific region.
Jun 20 2017
The Brisbane based non-bank lender has grown its loan book to more than $8 billion in mortgages under management.
Jun 19 2017
The challenger bank has today announced changes to investor lending to manage its portfolio and align with regulatory requirements.
Jun 19 2017
The RBA is more likely to cut the official interest rate than introduce a hike over the next 12 months, according to a leading economist.
Jun 19 2017
Reserve Bank governor Philip Lowe is confident that Australia will experience stronger growth over the coming years but says house prices, rising debt levels and stagnant wage growth are a ...
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