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Two customer-owned banks have announced that they are to merge, in what is being billed as “one of the largest mergers in the customer-owned banking sector in recent times”.

The major bank has joined several lenders in cutting its mortgage rates in anticipation of a monetary policy adjustment.

Commonwealth Bank CEO Matt Comyn has announced a new cashback rewards scheme for the bank’s “energy-efficient” mortgage customers.

The managing director and CEO of the financial services group has stepped down from his post, effectively immediately.

Financial regulators worldwide are increasingly focusing on climate change risks and disclosure reporting in finance, with the trend expected to grow in the future, according to leading ...

The prudential regulator said the self-assessments carried out by financial institutions have shown that CBA is not the only one in the industry to be “grappling to manage” governance and ...

If you want to provide the best service to your financially challenged clients, it’s important you understand credit repair so you can steer them in the right direction.

The prudential regulator is looking at revising its guidance on the serviceability assessments that banks perform on residential mortgage loan applications, giving them greater flexibility ...

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

The change in the credit environment following the banking royal commission is not a result of any change in law or regulatory intervention, ASIC chair James Shipton has said, adding that he ...