Jun 13 2019
The major bank has “simplified” its mortgage offering for first home buyers, introducing new owner-occupied products and withdrawing some of its fixed rate investment loans.
Jun 11 2019
The ABS has reported an increase in housing finance commitments off the back of an “upside surprise” in the value of owner-occupied lending.
Jun 11 2019
It is the final week to provide feedback on APRA’s proposal to amend its guidance on serviceability assessments.
Jun 11 2019
The Housing Industry Association is encouraged by the new housing minister’s commitment to improving housing supply.
Jun 10 2019
The major bank will be required to remediate almost 5,000 additional home loan customers that were overcharged interest after it failed to properly link their loans to offset accounts.
Jun 6 2019
Macquarie Bank, ING, and two customer-owned banks are among the lenders that have also now committed to passing on the RBA’s 25 basis point rate reduction to mortgagors, while Suncorp and ...
Jun 5 2019
A former senior manager and a former manager at the major bank have been charged with fraud after allegedly misappropriating nearly half a million dollars from the bank’s internal accounts
Jun 5 2019
Several lenders, including some of the major banks, have reduced their variable interest rates by 25 basis points following the RBA’s decision to reduce the cash rate to a new record low
Jun 4 2019
A major bank and a non-major lender have successfully completed the sale of their insurance businesses, while AMP has delayed the commencement date of its new group CFO due to insurance sale ...
Jun 3 2019
The big four bank’s residential home loan portfolio has now dropped by $2.4 billion since the turn of the year, with the lender losing more ground to its major competitors.
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