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The fintech has released a deposit loan product that aims to help aspiring home buyers secure a mortgage without the full deposit.

The non-major bank has disclosed $79 million of costs impacting its financial reporting, including restructuring and redundancy costs.

Jim Chalmers has denied allegations of “radical change” to the composition of the RBA board.

The Tasmania-based lender has attributed its growth to the state’s “continuing demand in housing”.

The non-major bank has appointed a former CBA CIO as one of its three independent directors.

Credit demand has reached its lowest point in over a decade, the Australian Bureau of Statistics has confirmed.

A property researcher has predicted an increase in investor and first-time home buyer purchases early next year, highlighting an opportunity for brokers.

Queensland’s younger home owner hopefuls are still chasing the dream of home ownership despite economic headwinds, new research has found.

Suncorp Group anticipates that approvals regarding its bank sale to ANZ will be determined by early next year.

Vacant residential land sales have fallen across the eastern states in the financial year 2023, exacerbating the housing crisis in the eastern states, as demand outpaces supply.

The lending group’s “overarching goal” is to strengthen and grow its balance sheet, according to its newly released annual report.

The monthly CPI indicator for August rose from July, however, annual trimmed mean inflation remained stable, the ABS has revealed.

Bank economists have weighed in on their expectations on the upcoming monthly CPI data for August.

With rents continuing to rise, a new report projecting sale prices through 2025 forecasts tenants on the fence will pursue buying to beat the volatile rental market.

The major bank has been ordered by the Federal Court to pay a $15 million fine for deceiving customers over available funds and balances.