Oct 3 2019
The major bank has revealed that it will absorb a further $1.18 billion in remediation costs.
Oct 2 2019
The major banks have repriced their variable home loan products in response to the Reserve Bank’s latest cut to the cash rate.
Oct 2 2019
The market has responded to the Reserve Bank’s latest cut to the cash rate, with lenders passing on savings to mortgage customers.
Oct 1 2019
State governments have been urged to scrap stamp duty in light of new research, which has highlighted its impact on housing affordability.
Sep 30 2019
National Australia Bank has announced that it is removing more than 100 fees from across its products and services, as part of a “fee clean-up program”.
Sep 27 2019
Commonwealth Treasurer Josh Frydenberg has stressed the need for home lending practices that don’t curb the “aspirations of hard-working families” by further limiting access to credit
Sep 26 2019
A fintech lender has secured a $57-million warehouse facility from NAB, as part of the major bank’s commitment to supplementing the growth of “high-potential” start-ups.
Sep 25 2019
ANZ, the Commonwealth Bank and NAB have revealed that they have no immediate plans to lower their serviceability rates further, despite Westpac’s decision to revise its interest rate floor ...
Sep 20 2019
Regulators could move to set caps on loan volumes for borrowers with high debt-to-income ratios if the housing market recovery continues to accelerate, according to analysts.
Sep 19 2019
ASIC has defended the utility of its responsible lending guidance amid court rulings that have called into question current compliance practices.
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