The picture in early 2025 “is of a housing upturn that has lost considerable momentum” Westpac economics team said in an analysis of quarterly ABS lending data yesterday.

Sharia finance house Hejaz Financial is working on a roundabout plan to secure a banking licence in Australia.

Melbourne MP Daniel Mulino has been appointed the new assistant treasurer and minister for financial services in the Labor ...

Lextech, one of Australia’s leading mortgage origination and settlement platforms, has announced it is withdrawing its application to be an Electronic Lodgement Network Operator (ELNO), ...

With headcount ballooning, and pay rises ahead of inflation, it’s no wonder the expense ratios of major banks are rising ...

Reduced impairment charges reported by Westpac for loans to households and businesses reflect prudent lending practices and ...

The Home Guarantee Scheme and higher levels of lender self-insurance has tempered an increase in new business for Helia.

An historic success by Commonwealth Bank in a shareholder class action last year will stand, following the dismissal of appeals on behalf of shareholders into two representative actions. The two class ...

It’s the thorniest question in payments in Australia. The case for extending the life of the Bulk Electronic Clearing System ...

A lift in earnings at Westpac Institutional Bank as well as in Westpac’s Business and Wealth division provided a bright spot ...

Over the six months to March 2025 NAB’s group net profit fell by 3 per cent to $3.41 billion, compared with March 2024. Cash ...