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Risks flagged over potential fall in commercial sector

Commercial property sentiment remains “solid”, but a downturn in the commercial space could pose risks to Australia’s economy, according to an ANZ economist.

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The top Australian cities that Chinese buyers are flocking to

Chinese buyers are continuing to look to Australia to purchase properties, with research from a leading international property portal for Chinese buyers revealing the top cities this growing ...

The top Australian cities that Chinese buyers are flocking to
NAB branches most efficient at selling mortgages: Morgan Stanley

NAB branches have the “best mortgage sales productivity”, despite the bank having the “least valuable” branch distribution among the big four, Mortgage Stanley Research has revealed

NAB branch
Westpac announces further rate hikes

The major bank has lifted mortgage rates on its defence services home loan products, off the back of its 14 basis point hike in September.

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Approvals could fall by 20% next year: ANZ Research

The recent fall in dwelling approvals has been “even worse” than anticipated, with the downturn set to deepen by as much as 15 to 20 per cent, according to a senior economist at ANZ.

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Treasurer slams Labor’s royal commission ‘roundtable’

Federal Treasurer Josh Frydenberg has upbraided the Labor Party’s suggestion that it would “give a voice to the victims” of the financial services royal commission by holding a series of ...

Treasurer slams Labor’s royal commission ‘roundtable’
Royal commission releases interim report

The interim report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has been released, including a plethora of policy-related ...

Scale of Justice, Royal Commission
Treasurer, majors respond to ASIC concerns

Treasurer Josh Frydenberg and three of the big four banks have issued a response to a report from the corporate regulator in which it slammed the “inadequate” compliance systems of financial ...

Treasurer, majors respond to ASIC concerns
Lender confirms $630m takeover bid

An ASX-listed lender has confirmed that it has entered into an agreement with a takeover aspirant seeking to acquire 100 per cent of its shares for an estimated $630 million.

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Lender halts trading ahead of ‘possible’ takeover

An ASX-listed financier has halted trading pending a “material announcement”, which is expected to relate to a takeover bid.

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