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
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.
One of the largest providers of credit scoring systems in the US is pitching open access credit reporting products for Australian consumers.
A leading industry survey has revealed the biggest concerns for the immediate future of the industry.
Three of Australia’s leading mortgage and finance industry professionals have been appointed this week to the board of the MFAA.
Lenders have come under fire from the Credit Ombudsman Service, with one receiving more than 100 complaints over the past year.