Breaking

Former New Zealand PM resigns from ANZ board
28 February 2024

Former New Zealand prime minister Sir John Key will be retiring from his position as chair of the ANZ New Zealand board next month.

RBA announces new C-level role
28 February 2024

The Reserve Bank has made a key appointment in its executive team, promoting an assistant governor to the newly created role of chief operating officer.

Third-Party Lending Survey has launched for brokers
27 February 2024

The 15th annual Third-Party Lending Survey has launched, with mortgage and finance brokers being called up to review the performance of lenders this past year.

Resi loan discharges ‘higher than trend’ at Liberty
27 February 2024

The non-major bank has surpassed $14 billion in financial assets while reporting a decrease in residential loans due to a rise in discharges.

Unrenovated properties lose sparkle as construction costs rise
27 February 2024

Markets across the country have separated into two very different speeds as Aussies become trigger-shy on buying unrenovated properties.

MyState focuses on low-risk owner-occupied loans
26 February 2024

Non-major bank sees growth in low-risk owner-occupied mortgages, with arrears rates remaining below the industry average.

‘Around 1/3’ of customers 2 years ahead on mortgages: ANZ
26 February 2024

The major bank has revealed that the majority of its home loan customers are ahead of their mortgage repayments.

Former treasurer warns against creating new RBA boards
23 February 2024

Creating a new monetary policy board and a governance board at the RBA is a “bureaucratic” solution that won’t improve the system, Peter Costello has said.

Property professionals think debt will become easier to access
23 February 2024

While sentiment about the ease of acquiring debt remains low among property professionals, sentiment is improving for the future, according to a new NAB survey.

Pepper Money secures first RMBS for 2024
23 February 2024

Pepper Money Australia has priced its first residential mortgage-backed security (RMBS) for 2024.

Government responds to Senate inquiry on HAFF Bill
23 February 2024

The federal government has delivered its responses to the recommendations for the Housing Australia Future Fund Bill.

Domain calls for government action to support FHBs
22 February 2024

Amid rising house prices and ‘stretched’ serviceability, the real estate listing company has urged the government to help support more first home buyers.

Home loan arrears ticking up: NAB
22 February 2024

Mortgage arrears are slowly rising at the major bank, but business lending arrears have improved, according to new NAB data.

Aaron Milburn becomes MD of Pepper Advantage UK
22 February 2024

Pepper’s former GM for mortgage and commercial lending has been appointed as the managing director of Pepper Advantage UK.

ACCC taking time to ‘reflect’ on tribunal decision
21 February 2024

The competition watchdog has said it will take time to ‘reflect’ on the tribunal’s decision to overturn its decision blocking the ANZ-Suncorp Bank merger.