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Home ownership rates at ages 30 to 34 have fallen from a high of 65 per cent among those born in the late 1950s to around 45 per cent for those born in the 1980s, new research from the Australian Hous.. read more

Bank credit impairment charges will rise over the next couple of years but bad debts and provisions as a proportion of loans on the books will only return to the long-term average, remaining well belo.. read more

The average loan-to-valuation ratio of loans written by Australian Finance Group brokers during the June quarter was the lowest LVR ever reported in the AFG Mortgage Index. read more

There could be as many as 15 retail central bank digital currencies and nine wholesale CBDCs in operation by 2030, the Bank for International Settlements says. read more

Queensland Country Bank has completed the sale of its health fund to HBF – the second sale of a health fund to HBF by a Queensland-based mutual bank in the past couple of years. read more

The Finance Sector Union has filed a dispute in the Fair Work Commission over Commonwealth Bank’s direction to staff to return to the office. read more

The Australian Financial Security Authority has imposed conditions on the operations of debt agreement administrator A&M Group, following a court finding that it harassed debtors and engaged in mi.. read more

The government has slowed the rollout of the Consumer Data Right while it works on flaws in the system, but in the meantime CDR participants are pushing ahead with their own developments. read more

Consumers who put their savings in regular savings accounts, as opposed to bonus rate or introductory rate products, have received only half the benefit of higher cash rates, new research shows. read more

The wide range of add-on services provided by credit bureaux is one of the areas the ACCC will focus on as it reviews the practices of third-party data brokers. read more