National Australia Bank sacks 20 bankers, punishes 32 more in scandal over suspect home loans
The scandal comes amid growing concerns about the integrity of data underpinning home loans on the books of Australia's banks. Until now, those concerns centred on the quality of information provided by customers rather than the integrity of bankers.
NAB sacks 20 bankers for selling 2300 'liar' home loans
NAB cracks down on fraudulent home loans
NAB axes bankers over home loan rule breaches
Lenders cut home loan rates in slowing property market
... proportion of loans to first home buyers is at a four-year high. Banks have been responding to APRA's directions even as the Reserve Bank is hesitant to lift official interest rates, mindful of Australia's high level of household debt as well as ...
Aspiring homeowners urged not to borrow to their maximum lending limits
Mother-of-one Kylie Gordon, 33, bought a three-bedroom house on Brisbane's northside in 2015 for $700,000 and pulled together a 10 per cent deposit while in the early stages of a relationship with her now-husband Justin who already had his own house.
John Kinghorn: RAMS home loans founder charged over $30m tax ...
THE man who founded RAMS Home Loans and brought Krispy Kreme doughnuts to Australia has been charged over an alleged 30 million tax fraud spanning ...
RAMS founder John Kinghorn charged with $30m tax fraud after eight-year investigation
RAMS Home Loans founder John Kinghorn has been charged over an alleged $30 million tax fraud
John Kinghorn: RAMS home loans founder charged over $30m tax fraud
The Australian Financial Review
My Uber driver has six houses, but will the bank know about it?
The Australian Financial Review
At the meeting I was told that the majority of banks in Australia do not require a home loan borrower to inform them if they have lost their job. As long as they keep paying the loan off it doesn't matter that they haven't told the bank they have just ...
All bets off fixing interest rates
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Property market softens as investors exit, allowing first home buyers a foot in the door
Seasonally adjusted housing lending figures released by the Australian Bureau of Statistics show investor loans tumbled 6.2 per cent over the month. The fall follows a tightening of regulatory screws earlier in the year limiting the banks ability to ...
Investors are retreating from the housing market
The ABS' September data also showed significant declines in both the number and value of loans compared to a month earlier. On top of weaker price growth and clearance rates, it's another sign that the Australian housing market is cooling, led by the ...
Home loans break billion dollar barrier - The Australian
There is still heat in the housing market, according to the latest official lending statistics, which show competition between banks for owner-occupier borrowers is ...
Business Insider Australia
Home loan approvals slide 2.3pc in September: ABS
The value of home loans to investors fell 6.2 per cent in the month to $11.8 billion, seasonally adjusted data from the Australian Bureau of Statistics showed on Thursday. Investor lending is now down 13.1 per cent from the most recent peak in January.
Australia home loans suffer surprise fall in September
Property investment lending in Australia just hit its lowest level in more than a year
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