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
ASIC has permanently banned two Sydney-based brokers and one former mortgage broker while announcing the conviction of another.
Valuers need to be doing more to ensure brokers are kept informed of what’s happening in the valuation industry, say brokers.
The ACCC has appealed against the Federal Court's decision to clear ANZ of price fixing.
Chinese commercial property investments in Australia grew more than 5000% between 2007 and 2013, while domestic investors are beginning to re-enter the market at a rapid rate.
Adelaide saw the highest rental growth in Asia Pacific last quarter, while Sydney and Melbourne continued to rank in the world’s most expensive retail markets.
CBA has appointed a top senior executive to head up the lender's institutional banking and markets group.