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Royal commission a ‘non-event’ for the mortgage industry
22 February 2019
Royal commission a ‘non-event’ for the mortgage industry

Commissioner Hayne’s investigation into the efficiency and prudential effectiveness of mortgage lending was “clearly a non-event”, according to a chief economist.

ANZ puts Hayne recommendations into effect
21 February 2019
Shayne Elliot

The major bank has revealed the raft of changes it will initially make in response to Commissioner Hayne’s recommendations, including no longer charging default interest to drought-stricken ...

ANZ CEO rues ‘overly conservative’ lending policy
20 February 2019
Shayne Elliot

“Subdued” market sentiment, credit policy and process changes have been the cause of ANZ’s below system mortgage growth, CEO Shayne Elliott has conceded.

Australians not ‘in control’ of finances, finds report
20 February 2019
mortgagebusiness

Most Australians are not getting ahead financially, with Generation X experiencing the brunt of financial burdens, a new report has found.

Westpac earnings bolstered by rate hikes
19 February 2019
Westpac

The major bank’s net interest margin has been strengthened by its out-of-cycle mortgage rate hikes, contributing to quarterly cash earnings of over $2 billion.

Moody’s welcomes responsible lending revisions
19 February 2019
mortgagebusiness

ASIC’s decision to undertake a review and consider changes to responsible lending guidelines will be “credit positive” for the mortgage industry, according to Moody’s Investors Service

LATEST PODCAST: The current mindset of the mortgage industry
18 February 2019
Mortgage Business Uncut

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

Suncorp Bank’s profits fall as mortgage lending slows
15 February 2019
Suncorp

The non-major bank’s net profit after tax has dropped by 4.7 per cent, coinciding with weaker home lending performance.

ASIC to update responsible lending guidance
14 February 2019
ASIC

The corporate regulator has announced that it will undertake a review and consider changes to its responsible lending guidelines off the back of the banking royal commission. 

Bill to establish $2bn finance fund enters Parliament
14 February 2019
Australian House of Representatives

The federal government has tabled legislation designed to improve access to credit for Australia’s small businesses.