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Following the RBA governor’s speech where she has said inflation was “increasingly homegrown”, economists are undecided on further rate increases.

The mutuals have achieved a greater increase in total gross loans than other ADIs, according to KPMG’s Mutuals Industry Review 2023.

Cost-of-living pressures are affecting Australians of every age and occupation. New research, though, has exposed the disproportionate costs for the retirement age population.

Three Westpac subsidiaries have joined the lender panel of the government’s Home Guarantee Scheme that enables Australians to access LMI-free mortgages.

Lenders are being urged to improve their hardship services with an increasing number of Australians needing assistance.

Investigations are continuing into the alleged misappropriation of investment funds from a mortgage and loan business, with findings not expected until next year.

Australian dwelling values have surpassed their previous peak, registering a new record high in November, according to CoreLogic.

The major bank has revealed it will enter 2024 with a reshaped executive leadership team as its deputy chief executive position has been made redundant.

Increasingly persistent inflation has stood as the central cause behind the RBA’s rate hike, the November monetary policy minutes have revealed.

Despite facing challenges such as sticky inflation and lag effects of monetary policy, the Treasurer has declared Australia’s economic position as positive.

The association has expressed its doubts over the state government’s move to double the First Home Owners Grant.

The major bank has announced the launch of a new digital home loan.

The association’s latest report into new home sales has revealed a fall in October following a surge the previous month.

The aggregator’s brokers now have access to financing solutions for senior clients, with the new addition to its lending panel.

The non-bank lender has announced the completion of its first-ever RMBS transaction.