Lender

The Federal Court has dismissed ASIC and Westpac’s agreement for the major bank to pay a $35 million penalty for supposed breaches of responsible lending laws.

Loans to owner-occupiers fell to the lowest level in September since 2013, according to ABS data.

Shareholders representing over 82 per cent of PEXA’s issued capital have approved the company’s $1.6 billion acquisition, according to an update from the takeover consortium.

The finance sector was identified by the Office of the Australian Information Commissioner as one of the most heavily targeted industries for notifiable data breaches in the third quarter of ...

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

Strengthening responsible lending obligations would “diminish the incentive for borrowers to ensure that they repay their loans on time”, which would lead to an increase in mortgage defaults ...

The non-major bank’s mortgage book has increased by 4.5 per cent in the year to 30 September 2018.

Most of PEXA’s shareholders have backed a joint acquisition proposal by three firms, after the property exchange network’s float was cancelled.

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

Macquarie has announced the appointment of a former board member of the Reserve Bank of Australia.