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Aug 24 2020
“Elevated” turnaround times have contributed to a contraction in the non-major bank’s home lending portfolio, driving a 33 per cent fall in the bank’s underlying earnings.
Aug 24 2020
A non-major bank has reduced its rates for owner-occupiers taking out shorter-term fixed-rate home loans.
Aug 21 2020
The open banking regime is unlikely to spark customer movement away from the major banks into smaller banks and fintechs, according to a mutual bank.
Aug 21 2020
The ACT dwelling market has outperformed the other capital cities during COVID-19, but a delayed downturn may be on the way, according to CoreLogic.
Aug 20 2020
The neobank has partnered with an open banking platform in preparation for the first phase of the consumer data right.
Aug 20 2020
The wealth giant has signalled it could be set to release the findings report from the investigation into the sexual harassment allegations against AMP Capital chief Boe Pahari.
Aug 19 2020
Firefighters Credit Co-operative Ltd has announced plans to merge with one of the largest mutual lenders in Australia.
Aug 19 2020
The risk of personal loan borrowers defaulting has reduced during COVID, a personal loan provider has found, as COVID-19 support mechanisms such as JobKeeper buoy repayments.
Aug 18 2020
Reserve Bank governor Philip Lowe has hit back at claims that the central bank’s stance on negative interest rates is “putting bank profits ahead of jobs”.
Aug 18 2020
Melbourne auction volumes have continued to plummet in the wake of the lockdown and the restrictions on movement in Victoria.
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