Mortgage Choice and Athena in white label deal 19 October 2022 6:15AM Mortgage Choice has teamed up with Athena Home Loans to expand its white label home loan offerings, with a focus on rewarding existing customers. read more
ABA bows to call to name and shame 18 October 2022 6:04AM The Australian Banking Association has accepted the recommendation of a review of the Banking Code Compliance Committee that the committee should name banks in its code compliance reports. read more
Non-bank mortgage lenders remain competitive 17 October 2022 6:01AM Canstar research suggests recent commentary that non-bank lenders are being priced out of the market is not correct. read more
Lenders finesse their mortgage pricing 14 October 2022 5:53AM Adelaide Bank, AMP Bank, Aussie and Community First Credit Union cut variable home loan rates over the past week, in a sign that as the interest rate tightening cycle continues lenders are taking more.. read more
FSU pushes BOQ on wage deal 13 October 2022 5:43AM While Bank of Queensland’s senior management was meeting with investors yesterday to discuss the bank’s 2021/22 results, its union members were meeting to discuss the bank’s latest pay offer. read more
ASIC turns the DDO spotlight onto credit cards, BNPL 13 October 2022 5:40AM ASIC is using its new powers under the Design and Distribution Obligation to set expectations for the sale of a range of consumer finance products. read more
Gold not the crisis hedge it used to be 11 October 2022 5:01AM The price of gold has fallen for six consecutive months, after hitting a peak in March - raising questions about its status as a safe haven investment and a hedge against inflation. read more
Construction sector risks elevated, RBA says 10 October 2022 6:13AM The risk of widespread financial stress in the residential construction sector is “elevated”, the Reserve Bank said in a review of the sector. read more
15 per cent of households with mortgages face negative cash flow 10 October 2022 6:11AM Increases in interest rates since May, combined with higher living expenses, have reduced the spare cash flow of households with average incomes and debts by around 10 per cent, and if rate rises cont.. read more
Banks free to opt in for telco data sharing 07 October 2022 5:15AM The government’s plan to enlist banks to help protect consumers from the impact of fraudulent activity in the telecommunications industry, following the recent Optus breach, will operate on an opt-in.. read more