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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.

ANZ surprised by prolonged housing weakness
8 June 2018
ANZ surprised by prolonged housing weakness

The major bank has admitted that weakness in Australia’s housing market has persisted longer than it expected, and has also predicted prices to moderate further.

Westpac launches financial literacy program
6 June 2018
mortgagebusiness

The big four bank has partnered with school leavers platform Year13 to offer young Australians a free online financial literacy program.

Morrison says $700m CBA fine will pay RC ‘bills’
5 June 2018
Treasurer Scott Morrison, CBA, Royal Commission, federal government, shortage of bills, penalty

Treasurer Scott Morrison has said that the federal government has “no shortage of bills” and will use some of CBA’s $700 million penalty to pay them.

LATEST PODCAST: Irresponsible lending, DTI limits and foreign investment
4 June 2018
LATEST PODCAST: Irresponsible lending, DTI limits and foreign investment

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