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Banks News

Sunday November 18, 2018

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Warning over BIG Home Loans
Residential
Wednesday November 22 2017

Warning over BIG Home Loans

The banking regulator is still concerned about the size of the mortgages being taken on by consumers despite the effectiveness of its efforts to curtail...

Households at Risk from Excessive Lending
Residential
Tuesday October 31 2017

Households at Risk from Excessive Lending

The perception that they are 'too big to fail' has encouraged Australia's big four banks to take risks that would exacerbate a housing downturn.

Follow the Money: Time for a Royal Commission
Residential
Wednesday August 23 2017

Follow the Money: Time for a Royal Commission

The advice to ‘follow the money’ to uncover the trail of beneficiaries in any illicit scheme is a strategy that has been proven to work for...

Property Worries Spark Lender Ratings Cuts
Residential
Monday May 22 2017

Property Worries Spark Lender Ratings Cuts

Standard & Poor's is lowering the credit ratings of 23 Australian financial institutions including AMP, Bank of Queensland and Bendigo and Adelaide Bank due to what...

Lender Caps Hit Apartment Deals: LendLease
Residential
Tuesday February 28 2017

Lender Caps Hit Apartment Deals: LendLease

Property giant Lendlease is seeing longer settlement periods and higher cash buying as apartment buyers respond to a recent clampdown on mortgage lending by banks.

Govt Must Increase Infrastructure Spend: NAB
Business
Monday December 19 2016

Govt Must Increase Infrastructure Spend: NAB

National Australia Bank's chief executive has called for greater government investment in infrastructure despite Treasurer Scott Morrison having reiterated he's in no rush to enter a...

NAB and Westpac Raise Investor Mortgage Rates
Residential
Tuesday December 6 2016

NAB and Westpac Raise Investor Mortgage Rates

National Australia Bank and Westpac have raised interest rates on certain types of mortgages as Australia's biggest lenders seek to offset some of the pressure on...

Banks Could Issue Tracker Loans, says ASIC
Residential
Monday October 17 2016

Banks Could Issue Tracker Loans, says ASIC

The head of the corporate watchdog has blamed the "oligopoly" of the major lenders for an absence of tracker rate mortgages in the Australian home loan...

Implications as Housing Finance Plateaus
Residential
Wednesday October 12 2016

Implications as Housing Finance Plateaus

Lending for housing has reached a plateau - and that has disturbing implications for economic growth.