A credit ratings agency has downgraded ratings for 23 financial institutions across Australia
Westpac becomes the first of the five major banks to reveal how much the bank levy will set it back
The proposed levy would be linked to water rates on investment properties with an annual income that exceeds a specific threshold
The bank has introduced a significant three-year discount for owner occupiers taking out a principal and interest loan
The Mortgage & Finance Association of Australia (MFAA) has welcomed the findings of a review into interest-only lending by the Australian Securities & Investment Commission (ASIC)
Growth in its home and personal loan books was a key driver behind a profit increase for mutual lender CUA over the 2106 financial year
A US defence think tank has warned that Australia only has six weeks to prevent a housing market collapse, due to the banks’ crackdown on foreign investor lending
Aggregator PLAN Australia has announced two major changes as it looks to embark on a period of growth and expansion.
Australia’s home loan industry has improved its standards around interest-only loans, but still has work to do according to ASIC
Australian refinancers are increasingly turning to non-major lenders according to data from major aggregator AFG.