Lender

While the RBA is likely to cut the cash rate to 0.25 per cent in April, ANZ Research suggests that the prospect for alternative monetary tools, such as quantitative easing, is “very real” ...

The prudential regulator has appointed a former group executive of NAB and the Bank of New Zealand to a senior policy leadership role.

The ABS has reported a sharp pick-up in mortgage volumes in January, however, the positive result has been overshadowed by “uncertainty” in the outlook, according to ANZ Research.

Almost half of all bank workers and a similar number of financial brokers face the threat of losing their jobs to technological automation, according to new research.

The number of complaints made to AFCA against lenders about home loans is significantly higher than those against mortgage brokers.

The Australian Greens have committed to build half a million new homes in a bid to create new jobs and apprenticeships and “push back the risk of recession nationally”.

The major bank’s decision to cut hundreds of jobs has been rebuked by the Financial Sector Union, which fears the financial welfare of outgoing employees amid growing economic uncertainty

The New Zealand-based bank has launched its first digital home loan for owner-occupiers, and has its sights set on expanding its presence in the Australian SME market.

The neobank has ceased offering its savings product to new customers in a bid to ease funding pressures and preserve its savings rate.

Westpac and AMP have been labelled among the least trustworthy banks, new research has found.