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Housing on the ‘rebound’: ANZ Research
25 October 2019
mortgagebusiness

The turnaround in housing price growth, particularly in Sydney and Melbourne, is expected to continue to “rise strongly” until the end of the year, ANZ Research has suggested.

Treasurer ‘jawboning’ banks to ‘lower lending standards’
24 October 2019
Matthias Cormann and Peter Whish-Wilson

Finance Minister Matthias Cormann has rejected claims that there has been a “concerted push” from Treasurer Josh Frydenberg to “lower lending standards” in a bid to stimulate the economy

Bank profits bolstered by above-system lending growth
23 October 2019
Cash

A mutual bank has released its results for the 2019 financial year, reporting 2.5 times system lending growth.

CUA launches financial accelerator program
21 October 2019
mortgagebusiness

The credit union has launched a new program aimed at promoting the financial wellbeing of its member base.

BOQ CEO resolves to overhaul lending process
18 October 2019
Bank of Queensland

The newly instated BOQ CEO has committed to revamping the bank’s home lending business amid a “disappointing” FY19 result.

Investment lending commitments on the rise
18 October 2019
Investment lending

The value of home loans taken out by investors has increased 11.6 per cent in the three months ending August 2019, according to a CoreLogic analysis.

ANZ, IOOF renegotiate OnePath price
18 October 2019
mortgagebusiness

The major bank has negotiated a new price for the sale of its wealth business. 

Westpac CEO hits back at critics, defends rate decisions
17 October 2019
Brian Hartzer

Suggestions that the big banks ignore the best interests of mortgage customers when pricing home loans is “just not supported by the facts”, Westpac CEO Brian Hartzer has said in response to ...

New NAB board member named
16 October 2019
Kathryn Fagg

NAB’s outgoing chairman Dr Ken Henry has announced the appointment of former Reserve Bank of Australia board member Kathryn Fagg as a non-executive director.

Non-majors to face parliamentary grilling
15 October 2019
Parliament house

Australia’s non-major lenders will front a parliamentary committee later this year to face questioning over their implementation of the banking royal commission’s recommendations.