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Housing market down ahead of COVID-19
The value of new loan committments for housing fell 1.7 per cent in February, according to the Australian Bureau of...
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ACCC gets industry buy-in to fast track funding for small lenders
The ACCC has sough buy in from of the Australian Securitisation Forum to help administer the government’s $15 billion Structured...
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APRA licence pause will strangle innovation
The prudential regulatory will temporarily suspend new licences for banking such as the neobanks and fintechs as well as insurance...
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Teachers Mutual announces rate cuts
Teachers Mutual Bank announced a decrease to its fixed-rate home loan products in light of the current challenged market...
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CBA moves on variable rates
Ahead of the Reserve Bank’s decision to hold the cash rate steady, the Commonwealth Bank dropped its variable rates on its...
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Housing conditions still to fall as RBA keeps rates steady
Under normal conditions, a low interest rate environment would be stimulatory for housing markets but with falling confidence and...
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How will Covid-19 impact the mortgage market?
Early data to date suggests that borrowers are pulling back from making additional payments on their mortgage repayments even...
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CoreLogic pivots in the new normal with new digital property inspection service
CoreLogic will be rolling out new customer solutions as part of its strategy to reshape its business to meet new customer needs...
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Lenders move to address credit rating impact from payment deferrals
Banks and the wider financial services industry have agreed to a revised approach to credit reporting in a bid to address the...
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