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ANZ margin pressure ‘worrying’

A Morningstar analysis of ANZ Bank’s latest quarterly profit results has focused on falling margins and a “messy” trading update overall, despite the major lender’s strong performance

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Lender posts record home loan book growth

A banking and wealth management group has achieved a new record for housing loan settlements, which increased to $671 million for the half year to 31 December 2016.

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Non-major increases stake in P2P lender

A Queensland-based bank has announced that it is increasing its equity stake in peer-to-peer lender MoneyPlace as part of its strategic focus to “significantly” grow its customer lending ...

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Major bank sees new investor lending rise by 6%

New financial results from Commonwealth Bank show that for the calendar year 2016, the proportion of new investor home loans being written in Australia grew by 6 per cent.

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Capital cities post strong week of auction activity

Auction volumes across Australia’s capital cities surged significantly last week according to the latest data from CoreLogic.

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Major bank increases investor interest-only and line of credit rates

A big four bank has announced that it is increasing rates on its interest-only mortgages for investors and line of credit, effective from 3 April.

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Analysis: The investor lending dilemma

The RBA was the first to sound the alarm on property investors. Now it worries what might happen if they actually go away.

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ANZ names new wealth chief investment officer

Mark Rider has been appointed as ANZ's new chief investment officer for the bank's wealth division, effective from 10 March 2017.

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Lender funds local fintech start-up

Pepper Money has partnered with a fintech incubator to back a start-up in a program aimed at “re-inventing the financial services sector in Australia”.

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25% think being unable to afford a house impacts success

A quarter of Australians believe that not being able to afford to buy a house impacts their chances of achieving success in life, new research has found.

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