Australian House Prices Not in a Bubble: Westpac Boss
Reserve Bank governor Philip Lowe may be losing sleep over house prices, but the head of one of the nation's biggest banks doesn't believe there's a...
Only 53 per cent of Sydney Housing Approvals are being Completed
The latest Housing Monitor results for Metropolitan Sydney indicate that housing completions have dropped to only 53 per cent of those that receive planning approval.
BOQ Wary of Increased Settlement Risk
Bank of Queensland chairman Roger Davis says the lender is cautious over the state of the Australian housing market, with concerns emerging in its key Brisbane...
Why Your Development Finance Was Rejected
I regularly get contacted by desperate developers wanting to fund their project, frantic because they have committed their time, funds and or equity into a project...
Banks Scrutinized Over Foreign Property Buyers
Australia's leading banks are being grilled about their oversight of the investment activities of foreign buyers of domestic property.
Housing Shouldn't Hit Bank Stability: RBA
A senior Reserve Bank official has downplayed the chances of a slowdown in Australia's once-booming housing market undermining the stability of the country's banks, saying the...
NAB's 'Introducer Program' Under Spotlight
National Australia Bank paid thousands of people about $100 million in commissions to "introduce" potential customers to the bank, an inquiry has heard.
NAB Will No Longer Back New Coal Projects
National Australia Bank says it will stop lending for new thermal coal mining projects, becoming the first major Australian bank to phase out support for the...
Financial System 'Ignoring Climate Risk'
Australia's financial system is ill-prepared for the impacts of climate change, an issue ignored in the Abbott government's inquiry led by David Murray.