Lender

Law firm Slater and Gordon has launched two new class actions against the major banks relating to the alleged mis-selling of consumer credit insurance.

The national housing body has released its second bond issue, the equal-largest social bond for housing in Australia.

The corporate regulator has defended its move to appeal the Federal Court’s decision to overturn its responsible lending case against Westpac, amid growing scrutiny. 

The chief executive of the major bank is determined to lead the bank’s response to money laundering allegations.

The major bank has agreed to pay $49.5 million to settle a class action brought against it by Slater and Gordon in relation to consumer credit insurance.

A neo-lender has announced that its $50-million debt warehouse program, funded by NAB, is now live and operational.

NAB chairman Philip Chronican has said the bank is intent on recovering lost ground in the home lending space, conceding that it needs to “sharpen its act”.

Australia could see double-digit growth in home values if there were to be no further rate cuts or macro-prudential curbs on residential lending, according to market predictions released by ...

Data from the Australian Bureau of Statistics on new housing credit has shown a sharp rise in the value of home loan commitments driven by a record rise in owner-occupied lending.

The major bank has admitted to breaching the NCCP in more than 85 per cent of the 297 alleged contraventions regarding introducer-originated home loans.