Economy

New research into the viability of a major Australian mortgage brokerage has flagged mounting challenges for the third-party channel.

Following announcements from the big four banks of the estimated costs of the new ‘big bank levy’, Deutsche Bank Australia has suggested that the tax rate may be too low to raise the $6

The chief executive of a regional bank has explained how the group is responding to increased regulatory action after reporting modest growth in its mortgage portfolio.

Andrew Harmos has been appointed to the AMP board as a non-executive director.

The number of delinquent housing loans underlying Australian prime residential mortgage-backed securities in March fell to 1.16 per cent from 1.23 per cent a month earlier, according to ...

Three of Australia's largest non-major banks and 20 more financial institutions have been hit with a ratings downgrade by S&P after the agency warned that lenders now face an “increased ...

A big four bank has written to shareholders to warn that the new ‘big bank tax’ could cost the bank approximately $370 million per annum and could impact shares by 8 cents.

More than half of Australian mortgage holders would need to sell assets or rely on family and friends if they faced long-term unemployment, new research has revealed.

Dentons has outlined that there are a number of “practical issues” that may arise from the proposed Banking Executive Accountability Regime, depending on what the regime eventually looks ...

A foreign-owned bank has revealed that it researched the mortgage distribution strategies of its global network before deciding to return to the Australian broker market.