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Jul 12 2017
Fresh figures from the Australian Bureau of Statistics show a clear divergence in home lending, with investor loans declining and a strong pickup in owner-occupied borrowing.
Jul 12 2017
KCA’s bid to take over Pepper Group reflects Australia’s changing financial landscape, analysts have said, pointing to clampdowns on risky bank lending and the “latent” value of the non-bank ...
Jul 7 2017
An elite mortgage broker has suggested that APRA’s new oversight of non-banks could lead the lending segment to implement interest-only restrictions.
Jul 4 2017
The possibility of eight rate hikes in two years is “highly unlikely”, but a cash rate cut could be on the cards, according to a leading economist.
Jun 29 2017
The Bank of England has confirmed that its own version of APRA lending curbs will become a “structural feature” of the British housing market, which raises the question: are APRA’s lending ...
Jun 28 2017
ASIC has fined Westpac $127,250 for failing to correctly report information about more than 100,000 over-the-counter derivatives transactions.
Jun 27 2017
The major bank has followed its peers by today announcing rate increases across its interest-only home loans.
Jun 26 2017
A non-bank boss has warned that the commercial lending sector is currently experiencing an “Australian version of a credit crisis” as funding at the big end of town dries up.
Jun 23 2017
A major Australian bank has announced today a rate hike of 0.35 per cent on interest-only loans.
Jun 23 2017
Poor reporting of bank lending in the commercial sector could precipitate regulatory intervention, a non-bank lender has forecast.
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