Feb 22 2019
Commissioner Hayne’s investigation into the efficiency and prudential effectiveness of mortgage lending was “clearly a non-event”, according to a chief economist.
Feb 21 2019
The major bank has revealed the raft of changes it will initially make in response to Commissioner Hayne’s recommendations, including no longer charging default interest to drought-stricken ...
Feb 20 2019
“Subdued” market sentiment, credit policy and process changes have been the cause of ANZ’s below system mortgage growth, CEO Shayne Elliott has conceded.
Feb 19 2019
The major bank’s net interest margin has been strengthened by its out-of-cycle mortgage rate hikes, contributing to quarterly cash earnings of over $2 billion.
Feb 19 2019
ASIC’s decision to undertake a review and consider changes to responsible lending guidelines will be “credit positive” for the mortgage industry, according to Moody’s Investors Service
Feb 15 2019
The non-major bank’s net profit after tax has dropped by 4.7 per cent, coinciding with weaker home lending performance.
Feb 14 2019
The corporate regulator has announced that it will undertake a review and consider changes to its responsible lending guidelines off the back of the banking royal commission.
Feb 13 2019
The value of total home loan commitments fell by 4.4 per cent over the month in December, according to the latest ABS data.
Feb 13 2019
A major bank and its subsidiaries, along with Macquarie Bank, have changed interest rates on a range of loans for both owner-occupiers and investors.
Feb 12 2019
The Commonwealth Bank of Australia has committed to a series of decisions geared towards making small business lending and banking easier and more transparent.
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