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There has been no slowdown in consumer spending since interest rates started to rise in May. read more

Australia’s biggest mortgage provider, Commonwealth Bank, showed off its credentials as a conservative lender in its 2021/22 results presentation pack. read more

AMP Bank has been investing in the digitisation of its business for the past couple of years but there wasn’t much to show for it in its latest results. read more

The Mortgage and Finance Association has appointed Anja Pannek as its new chief executive, replacing Mike Felton, who served five-and-a-half years in the role. read more

Commonwealth Bank chief executive Matt Comyn said some home loan offers in the market are below the cost of capital.  read more

Commonwealth Bank reported net profit of A$9.7 billion for the year to June – an increase of 9 per cent over the 2020/21 year. read more

ASIC’s new reportable situations regime, which took effect last October, is proving hard to implement and the regulator has promised to work with industry to overcome the problems. read more

iSelect has entered into a takeover agreement with Innovation Holdings Australia, which owns rival comparison site business Compare the Market. read more

REA Group has cut the valuation of trail commissions in its mortgage broking business to reflect higher mortgage runoff rates and higher broker payout ratios. read more

Suncorp Bank chief executive Clive van Horen is confident the bank will achieve its cost-to-income ratio target by the end of the 2022/23 financial year, despite its CTI rising in the year to June. read more