Analysts had warned that the banking royal commission could make it harder for would-be homebuyers to get a loan.
The cash rate remains on hold at a record low 1.5% for yet another month – where is has remained since August 2016 – a decision which was widely anticipated.
Australia’s financial regulator has lifted its restriction on banks’ ability to issue interest-only loans, in a move that will likely support house prices.
The real danger now for all the banks, big and small, is that a revised settlement where Westpac does admit liability for specific breaches or a court case that…
Westpac Group, the nation's second largest lender, is giving risky property investors less than one month to find another lender amid growing concerns about the…
Homeowners, particularly in the mining states of WA and Queensland, are already grappling with a number of factors including unemployment, under-employment, sta…
NAB's decision to separate itself from the banking pack and not increase mortgage rates won’t deliver customer trust, but it might buy it some market share.
Here's a simple explainer on why the banks hiked up interest rates – and most importantly – how it will affect your hip pocket.
The Commonwealth Bank and the ANZ both joined Westpac in lifting rates for home loans.