Apr 15 2020
The major bank is making provisions for a $900-million penalty in its AUSTRAC case, but has not yet accounted for loan impairment provisions due to COVID-19.
Apr 14 2020
The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.
Apr 9 2020
The corporate regulator has confirmed that responsible lending obligations are not a barrier to making variations from P&I to IO terms if consumers want to reduce their repayments in the ...
Apr 9 2020
The non-major has continued to recover lost ground in the home lending space. However, a rise in interest income has not been enough to prevent the bank from recording a slide in cash ...
Apr 8 2020
The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing financial hardship amid COVID-19.
Apr 6 2020
Liberal senator for WA, Dean Smith, is calling on lenders to convert principal and interest home loans for investors into interest-only repayments during the COVID-19 pandemic, to act as ...
Apr 3 2020
The federal government has announced several changes to the Takeovers Panel, which include the reappointment of an ANZ executive and the appointment of Macquarie Group executive.
Apr 2 2020
The big four bank has announced the appointment of a group chief executive officer to permanently replace Brian Hartzer.
Apr 2 2020
Low interest rates and mortgage repayment relief measures could “insulate” residential property prices from a looming “plunge” in housing market activity, according to CoreLogic.
Apr 1 2020
New APRA data has revealed that ANZ was the only big four bank to record negative home lending growth before the coronavirus outbreak altered the trajectory of the domestic economy.
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