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
Australian lenders saw profits soar by nearly 20% in the last year - and non-majors are driving the charge.
ANZ bank has boosted its satisfaction rating amongst business customers in the past two months, leaving NAB trailing behind.
The MFAA's train-the-mentor program has been relaunched with a lower cost and a shorter time frame.
This year COSL received three times as many complaints about LMIs compared to previous years, and one industry association is calling for "major reforms".
One of Japan's largest banks has struck a landmark deal with a non-major Australian lender, paving the way for further overseas involvement in the home loan market.
Reports that banks are relaxing lending standards are entirely false, and there's evidence standards are actually tightening, says one Sydney broker.