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After falling to near-record lows in the March quarter, Roy Morgan’s measure of mortgage stress has picked up this quarter. But the researcher says stress levels are still about half the level they re.. read more

New rules covering the cross-border movement of money were introduced into the Australian anti-money laundering and counter-terrorism financing regulatory regime this month, to make the rules more con.. read more

The Reserve Bank has conceded that its exit from its three-year government bond yield target in late 2021 was “disorderly” and caused the bank some reputational damage. read more

Westpac has made changes to its lending policies designed to improve access to finance for childcare centre operators and help more women into home ownership. read more

Housing affordability in Australia is likely to worsen as the impact of higher interest rates outweighs the benefit of falling prices, Moody’s says. read more

After an anxious time last year, while it waited months for its biggest customer, Commonwealth Bank, to renew its lenders mortgage insurance contract, Genworth Mortgage Insurance Australia is having a.. read more

The humm board and management must regroup after the decision to call off the sale of its consumer finance business to Latitude, with questions over the future of chair Christine Christian, who clashe.. read more

Investor appetite for asset-backed securities remains healthy, as the second issuer in a week completes a transaction. read more

Consumer lender Plenti Group has completed an issue of asset-backed securities, raising A$437 million. read more

Depositors missed out on substantial rate increases in May, when the Reserve Bank raised the cash rate 25 basis points, but this month’s 50 bps hike is prompting a more generous response from deposit.. read more