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ANZ cartel case prompts ASX resignation
20 June 2018
mortgagebusiness

Chairman of J.P. Morgan Australia Robert Priestley has resigned from the ASX board, effective immediately, citing the “distraction” of the ACCC’s investigation into alleged banking cartel ...

APRA curbs stunting growth in apartment market, says lender
20 June 2018
mortgagebusiness

Macro-prudential measures imposed by the regulator in 2014 are beginning to take the heat out of the apartment market, with conditions expected to cool further throughout 2018, according to ...

New campaign launches to tackle elder financial abuse
19 June 2018
elder financial abuse

A newly launched campaign is calling on Australians to write to the Attorneys-General “demanding change” to ensure that bank staff can properly deter elder financial abuse.

Submissions open for Women in Finance 2018
19 June 2018
Women in Finance 2018

Submissions are now open for the annual Women in Finance Awards, the prestigious event that aims to highlight the outstanding work of women within financial services.

ANZ ‘disappointed’ with housing affordability response
15 June 2018
mortgagebusiness

The major bank has called for “meaningful” reform, noting that it is dissatisfied with the federal government’s “narrow” policy response to housing affordability.

Topics for fourth round of royal commission hearings released
13 June 2018
Scales of Justice, hearing, royal commission

The financial services royal commission has announced that the next round of hearings will review issues experienced by customers of financial services entities in remote and regional ...

Macquarie mortgage push sees loan growth hit 17.5%
12 June 2018
loan growth, mortgage push

Macquarie Bank has been growing its owner-occupier home loans business more than twice as fast as the big four banks.

DomaCom obtains $100m private lending facility
11 June 2018
mortgagebusiness

The crowdfunding and fractional investment tech company announced obtaining a lending line to the tune of $100 million from private lenders.

Lender launches financial wellness program
11 June 2018
mortgagebusiness

A marketplace lender has launched a financial wellness program for businesses aimed at reducing financial stress in the workplace.

Westpac’s chief risk officer to retire
11 June 2018
mortgagebusiness

The major bank’s chief risk officer, Alexandra Holcomb, is to retire after 22 years with Westpac Group.