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Beyond Bank enters partnership with NextGen
13 November 2023

The mutual lender has announced a new alliance with NextGen in its pursuit towards digitisation.

Commonwealth Bank expands financial abuse technology access 
13 November 2023

The major lender has made its abuse detection artificial intelligence model available to banks globally.

Arrears still tracking below pre-COVID-19 levels
10 November 2023

While 90-plus day arrears have ticked up amid the current cycle of interest rate hikes, they still remain lower than the levels recorded before the pandemic.

‘Greater opportunities for growth’ in business bank: NAB
10 November 2023

While home lending “remains a key market”, the major lender will be “tilting towards” its business bank, according to its chief executive.

Lenders pass on RBA’s November rate hike
9 November 2023

Australia’s banks have begun raising interest rates on home loan and savings after the RBA’s latest rate increase.

Dwelling approvals fall after August rise: ABS
9 November 2023

The latest ABS data on building approvals has revealed a fall in total dwelling approvals for September, becoming the third-lowest month since June 2012.

‘A difficult day’ for mortgagors: Treasurer
9 November 2023

The federal Treasurer has warned the latest rate hike will put further pressure on mortgage holders.

Investor support has been ‘ignored’: REIQ
8 November 2023

The institute’s chief executive has called out the Queensland state government for its lack of support towards investors.

Migration cap will not fix housing affordability: CoreLogic 
8 November 2023

Despite several economists calling for migration control as part of a housing affordability solution, CoreLogic has argued otherwise.

Cup Day hike to take 'heat out of the housing upswing'
7 November 2023

The November rate hike is set to disrupt the nation's housing market rebound according to CoreLogic's research director.

Market split 50/50 on interest rate decision
7 November 2023

While bank economists seem to unanimously agree on a rate hike, market expectations are split down the middle.

Westpac reports $51bn fixed-rate roll off
7 November 2023

Westpac has reported the "largest proportion" of fixed-rate loans rolled off during the financial year 2023.

3 charged over managed investment scheme 
7 November 2023

The charges follow the collapse of the Sterling First group of companies, which ASIC alleges left tenants homeless.

How could alleged mortgage Ponzi scheme go undiscovered?
6 November 2023

Questions are being asked about regulatory oversight following allegations that a law firm principal may have misappropriated funds from a mortgage lending scheme.

Summerland Credit Union transitions to a bank
6 November 2023

The Northern Rivers of NSW lender has transitioned to become a bank as it “seeks to put the power back in the hands of the community”.