The bank’s latest financial figures also show the lender is on track to meet APRA’s interest only and investor speed limits
The regulator has said it has issued compulsory information notices to the banks who must now justify their interest rate decisions
The lender has announced these new policy changes as a result of tighter requirements enforced by APRA
As well as urging for a higher cash rate, the former treasurer has also proposed allowing foreign ownership of the big four banks
Sydney is among the world’s cities most at risk of a housing bubble according to research from global investment bank UBS.
Industry super fund-owned bank ME remains on a strong growth path, with the non-major lender announcing a healthy profit increase across the 2016 financial year
New analysis shows nearly one in 10 properties resold in the June quarter resulted in a loss.
Brokers are likely underestimated when it comes to their share of the Australian mortgage market according to a senior figure at one of Australia’s major banks
Australia's banking sector is willing to remove payments to staff that conflict with the interests of consumers, however an industry-wide change would likely require legislative changes
The property boom in Sydney may have already run its course but a market crash is unlikely, according to one industry expert.