NAB content with investment lending settings

Andrew Thorburn, chief executive of National Australia Bank, said the bank's  annualised growth in residential investment lending over May was still above the APRA threshold. "But it's coming bac.. read more

Challenger low doc mortgage tossed out

The cavalier approach of providers of low doc loans has been laid bare in a judgment of the Supreme Court of Western Australia that damns the conduct of Challenger Mortgage Management (formerly Inters.. read more

Controls slammed on Greek banks

ATM withdrawal caps of €60 (A$87) will continue for banks in Greece until after this Sunday's referendum, and the country's bank branches themselves are now "closed". read more