Economy

Australian housing loans in arrears for prime residential mortgage-backed securities (RMBS) dropped to the lowest level in more than a decade, according to Standard & Poor’s.

One of Australia’s biggest challenger banks has followed the big four by increasing its variable home loan rates.

All four of the major banks have now announced they will increase variable interest rates.

Another big four bank has today announced that it will increase its variable home loan rates.

The Adviser’s premier annual event has taken out the top gong at one of Australia’s most established awards ceremonies.

ING Direct has welcomed the government’s commitment to improve the use of data to create trusted digital identities, making banking more efficient and easier for customers.

New research from comparison website finder.com.au shows Australians have a preference for saving money in the bank rather than borrowing for a home loan.

Another big four bank has followed Westpac in hiking its variable rates.

Global debtor finance specialist Bibby has appointed a new state manager for NSW and ACT.

The Finance Brokers Association of Australia has welcomed the move made by the federal government to see the end of “card gouging”.