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Nov 10 2014
APRA chairman Wayne Byres has expressed his disappointment at the Australian banks’ recovery plans in the event of a property market crash following a stress test by the regulator.
Nov 10 2014
The Reserve Bank has revealed that an increasing number of owner-occupiers are opting for interest-only loans to increase repayment flexibility.
Nov 7 2014
A wholesale funder has cut its variable-rate home loans by 10 basis points.
Nov 7 2014
A non-bank lender has waived its annual fee and slashed rates on $250,000-tier home loans.
Nov 7 2014
Australia’s largest regional lender is going after a bigger slice of the residential mortgage market with a renewed focus on third-party distribution.
Nov 6 2014
The prudential regulator has warned banks that their reliance on mortgage brokers can lead to additional risk and levels of exposure beyond a lender’s risk appetite.
Nov 6 2014
As Australian lenders brace for the Financial System Inquiry’s final report later this month, expectations are high that the rules of the game may change – making continued growth an even ...
Nov 6 2014
One of the big four banks has announced unaudited cash earnings of approximately $2.3 billion for the three months to 30 September.
Nov 5 2014
The Australian Bureau of Statistics has released a statement about the issues identified in its seasonally adjusted labour force estimates between July and September.
Nov 5 2014
The regulatory uncertainty from the Financial System Inquiry, likely increased impairment charges in the future and structural and technological changes are putting pressure on the ...
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