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The highest quarterly growth in the WPI will likely not draw any concern from the central bank, the major bank has said.

The incorporation of Suncorp Bank would not “substantially lessen competition in any relevant market”, the major bank has stated.

The Victorian government has recently introduced reforms that will eliminate the need for a planning permit for granny flats.

The non-major bank has selected its CRM provider ahead of the launch of its broker offering and new mortgage origination system.

The major bank’s home loan balance fell $4.5 billion in the September quarter, with a drop-off in broker-introduced loans.

The non-bank lender’s chief executive expects a positive 2024 after what was a “challenging” financial year 2023 for the group.

The private lender has bolstered its senior executive team with a new chief operating officer and general manager, loan origination and credit.

Tiimely Home, formerly known as Tic:Toc, has rebranded to provide an expanded range of services to its customers.

Australia’s mortgage debt has surged to $2.2 trillion, according to the latest data from CoreLogic.

While borrowers behind on loan repayments remain at low levels, EY has called on banks to monitor arrears as the full effect of rate hikes still looms.

The major bank looks to continue to grow its digital home loan product after its launch earlier this month.

The central bank has upgraded its inflation and scheduled repayment forecasts following its latest interest rate increase.

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

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

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.