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Digitisation, automation and a simplified business model are the ASX-listed bank’s lines of defence against heightened competition and rising regulatory requirements.

Confidence is recovering faster for mortgagors than for tenants and those who fully own their property, Westpac has revealed.

There’s “no reprieve in sight” as home construction — and waste disposal — costs boom, according to CoreLogic’s latest data.

Construction costs across Australia have had the highest annual growth rate since March 2005, with a researcher warning supply-chain issues may further boost house prices.

Introducing macroprudential measures without “adequate consultation” could result in “anti-competitive” consequences, the customer-owned banking association has warned.

Poor economic confidence is pushing consumers to expect the worst with interest rate rise fears climbing significantly in July.

November ADI data sees the big four continue slight home loan growth, latest APRA data has revealed.

The property researcher has questioned how the inquiry’s recommendations will be implemented, including super’s equity amongst first home buyers.

The Australian Securities and Investments Commission is suing Macquarie Bank, alleging the lender failed to monitor third-party withdrawals from customer accounts.

Most big four banks expect a 0.25 per cent rate hike today, but recent inflation data may have put 50bps back on the table.

A home-buying start-up has announced that a couple are the first clients to own their home outright under its rent-to-own model.

The real estate platform has warned the pandemic widened the wealth divide, draining Australia’s young people and low-income workers’ ability to buy housing for the long-term.

The pandemic has changed what buyers look for in housing, according to new research.  

South West Credit Union has urged its members to approve its merger with Beyond Bank, pointing to cut-throat competition, high costs, compliance burdens and technology needs.

A pause in the cash-rate hike trend seems unlikely, after ABS Q3 data revealed wage inflation growth.

The ratings agency has recorded a quarterly decrease in Australian arrears, forecasting that this trend will largely continue throughout the year. 

RMBS delinquencies have dipped over the December quarter, with the financial services group predicting rates will maintain as the economic growth stabilises.

Digital home deposit platform Deposit Assure has donated to the Red Cross emergency fund for communities hit by the Queensland and NSW floods. 

The deposit bond provider has hired a new national head of sales and partnerships to lead the business development team.

A neobank and two fintech lenders have pointed to problem areas in the home loan process, which they believe are holding the industry back.