The lender has introduced a tighter mortgage policy which will affect apartment buyers in certain areas of Perth and Brisbane
A recent merger and the opening of 13 new bank branches has set the stage for brokers to work with the lender in future
Several non-major banks have called for greater scrutiny of bank-owned aggregators to boost competition in finance
The leadership role will be filled by a financial services training expert with 14 years of experience in the industry
Rising house prices in Australia are impacting household debt levels and labour participation rates according to research from the University of Sydney
Building society Newcastle Permanent has delivered a net profit after tax in excess of $40m, with growth in its loan book a key contributor to the result.
House prices have moved out of reach of average single income Australians in all but two capital cities according to research from an online home loan comparison portal.
Total commissions paid to mortgage brokers in Australia pushed past $1.1bn in the year to August thanks to growing broker market share, rising loan values and tweaks to commission structures
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