Bloated tourism book weighs on BoQ 07 April 2020 4:20PM What looked to George Frazis a month ago as a core strength of the Bank of Queensland could soon be revealed as a powder-keg on the company's balance sheet. read more
Brokers claim lenders reneging on mortgage approvals 02 April 2020 5:10PM The relationship between brokers and lenders is being tested, after repeated moves by several non-bank providers to withdraw loan approvals from home buyers. read more
First home buyer scheme tweaked 02 April 2020 5:07PM The Morrison Government has moved to shield new home buyers from the impact of the ban on real estate auctions by extending the loan approval period for borrowers signing on to the first home loan dep.. read more
Big brands shed deposits 01 April 2020 3:41PM Australia's traumatic bushfire season appears to have taken a toll on deposit funding in February, with official data showing the overall flow of cash into customer accounts slowed to a trickle. read more
QBE reins in LMI coverage 01 April 2020 3:40PM QBE has begun notifying home lenders that it has suspended mortgage insurance coverage for new loans taken out by home buyers employed in industries hard hit by the COVID-19 crisis. read more
BoQ abandons profit guidance 31 March 2020 5:26PM The earnings slide at Bank of Queensland is almost certain to intensify this year after the company binned the profit guidance given to the market in late February. read more
Verification by video a broker cure 31 March 2020 5:25PM Westpac and ING have become the first Australian banks to verify the identity of new customers using digital video technology. read more
Macquarie shields borrowers' credit scores 26 March 2020 5:08PM Macquarie appears to be the first Australian bank to introduce measures that will shield the credit scores of home borrowers who miss loan repayments during the COVID-19 health emergency. read more
S&P eyes downside risks for Aussie banks 26 March 2020 5:04PM S&P Global Ratings yesterday warned that the economic upheaval induced by the COVID-19 health crisis has increased the downside risks for Australian property prices and banks. read more
Macquarie completes hybrid redemption 26 March 2020 5:03PM Macquarie yesterday completed the resale and redemption of a $429 million capital notes issue launched in 2014. read more