Economy

Nov 23 2016

A leading non-major lender has today announced a range of rate increases across its mortgage products for both owner-occupiers and investors.

Nov 23 2016

First home buyers who take out a mortgage in today’s market pose a significant risk to lenders due to changing labour conditions, peaking property prices and potential rate hikes, according ...

Nov 23 2016

Non-conforming RMBS deals have played a greater role in the Australian securitisation market over the past year with some recent issues larger than any subprime deal since 2007.

Nov 23 2016

The head of Commonwealth Bank of Australia’s South African business is to become the new managing director of Bankwest at the end of January next year.

Nov 23 2016

The Australian Bankers’ Association has released a new industry guideline to help bank staff be more aware of the impacts of financial abuse as a result of family and domestic violence.

Nov 22 2016

The number of property transactions across NSW have hit a four-year low as homeowners elect to undertake renovations rather than sell their properties in a bid to avoid stamp duty.

Nov 21 2016

Australia’s largest non-bank lender has priced a $145 million issue of RMBS at 130 basis points over the bank bill swap rate.

Nov 21 2016

A senior government official has delivered an update on the latest financial policies installed by Labor officials, calling out instances of bank misconduct as “disappointing”.

Nov 18 2016

Leaders of several fintech groups have said the “significant friction” that exists within the traditional banking and finance system has made it “ripe for disruption” from technological ...