Lender

Aug 10 2017

Interest-only mortgages accounted for 38 per cent of CBA’s new business lending in the second half of 2017, but the bank says that it will be 'comfortably' below APRA’s 30 per cent benchmark ...

Aug 9 2017

The major lender, on 8 August, commented on a report in the Australian Financial Review that included details from a statement of claim made by AUSTRAC against CBA.

Aug 9 2017

The latest housing finance figures from the Australian Bureau of Statistics show a resurgence in property investment loans over the month of June despite increased efforts to curb demand.

Aug 9 2017

The strength of the Australian business sector continued in July, with business conditions rising to their highest level since early 2008.

Aug 8 2017

The Commonwealth Bank of Australia has decided to cut the short-term variable remuneration outcomes for its executive team. It maintains, however, that CEO Ian Narev has the board’s “full ...

Aug 8 2017

Amanda Scott, the former regional manager for SA/NT at ANZ, has been appointed as Mortgage Choice’s new SA state manager.

Aug 7 2017

The major bank has responded to claims of “serious and systemic non-compliance” with anti-money laundering and counter-terrorism regulation that may have “exposed the Australian community to ...

Aug 7 2017

Australia’s largest bank saw close to $4 billion wiped off its value on Friday, 4 August, following AUSTRAC's allegations of serious breaches in money laundering and anti-terrorism laws

Aug 4 2017

A loosening of regulations on trade taxes could encourage a greater range of Islamic financing options in the market, a major Islamic mortgage manager has said.