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Breaking
17 July 2023
Colonial First State Investments has reached an in-principle settlement regarding a superannuation class action about grandfathered commission.
17 July 2023
There is still significant uncertainty regarding the movements of interest rates around the world, according to Commonwealth Bank of Australia’s chief executive.
14 July 2023
The federal government has confirmed who will take over the reins as governor of the Reserve Bank of Australia following Philip Lowe’s departure in September.
14 July 2023
Ensuring borrowers are maintaining appropriate insurance on mortgaged property is a growing concern for the banking sector, according to major bank chief executives.
14 July 2023
Unemployment has been cited as one of the main reasons behind mortgage stress, according to CBA’s chief executive.
14 July 2023
Westpac’s chief executive has said borrowers “need to engage” with the bank when a broker is not involved.
14 July 2023
A major bank’s economist remains “fairly optimistic” on the global outlook amid cost-of-living pressures faced by mortgage borrowers.
13 July 2023
While arrears rates are starting to tick up, the chief executive of the major bank has said he is ‘pleasantly surprised’ that they are still below pre-COVID-19 levels.
13 July 2023
New Zealand’s central bank has agreed to hold its cash rate at a 14-year high.
12 July 2023
The central bank has addressed the RBA review’s recommendations.
12 July 2023
The major bank has maintained that APRA's serviceability buffer of 3 per cent is appropriate.
12 July 2023
Craig ‘Bakes’ Bacon, an instrumental player in building the electronic gateway to allow brokers to lodge loans electronically, has passed away suddenly at the age of 55.
12 July 2023
Australian households begin to feel the impact of consecutive interest rate hikes.
12 July 2023
Two years on from purchasing 27 per cent of the business, the property group has announced its ownership of an upgraded stake in the leading fintech company.
11 July 2023
Mick McClure, the founder of sub-aggregation group Buyers Choice and a pioneer of sub-aggregation in Australia, has passed away at the age of 69.