Yesterday
Has the CBA share price peaked?
After the Commonwealth Bank’s latest record, analysts and fund managers are wondering whether the hyper-rally in bank stocks can be sustained.
- James Eyers
This Month
The worst way to give your kids money, according to banks
What every parent considering gifting or lending cash to their kids for a home deposit must know.
- Lucy Dean
Home loan size hits record $626,055 as Perth, Brisbane power up
Owner-occupiers are, on average, taking out larger loans than ever before despite the fact the cash rate is sitting at a 12-year-high.
- Nick Lenaghan
Four ways to build wealth with your tax cuts
Whether you’re trying to pay off your mortgage early or boost your super, put your extra income to good use.
- Duncan Hughes
Russia ends housing mortgage subsidy that stoked a property boom
With state support ending for most eligible groups, the real estate market that’s been one of the key drivers of Russia’s wartime economy faces uncertainty.
- Chris Miller
Rising interest rates are bad news for bank stocks
Another cash rate increase would do more damage to arrears than it would help net interest margins, according to Morgan Stanley.
- James Eyers
June
Lending rules ‘locking out’ house buyers: ANZ CEO
The banks have become increasingly strident in their criticism of lending rules, warning it is preventing access to home loans except for the wealthy.
- James Eyers
The Jarden verdict on CBA’s digital home loan
The new mortgage product is not a credible threat yet to mortgage brokers, analysts say.
- Lucas Baird
How stage three tax cuts can save you $322,000 on your mortgage
Directing tax savings to a mortgage can pay off handsomely over the long term.
- Lucy Dean
Households cut into mortgage repayments as family budgets tighten
Existing mortgages are blowing out amid broader pressure on household spending and little indication that the Reserve Bank will lower rates.
- Lucas Baird
ECB’s historic rate cut | D-Day remembered | Private credit boom goes public
Read everything that’s happened in the news so far today.
Investors rush into housing at fastest rate in more than two years
Tight supply and rising yields – and expectations that will not change any time soon – are drawing investors back into the market.
- Michael Bleby
- Opinion
- Chanticleer
Meet Australia’s new mortgage prisoners
New data from Morgan Stanley suggests high house prices, difficulty getting loans and depleted savings mean more households are stuck in their current home.
- James Thomson
ASIC says it is probing three lenders for credit breaches
The admission comes just weeks after the corporate regulator accused lenders of creating “unnecessary barriers” that hindered under-pressure customers.
- Lucas Baird and James Eyers
May
Inside the unstoppable rise of Australia’s mortgage brokers
They’re wealthy, brash and eating the banks’ lunch. Meet the millionaire mortgage brokers taking on the major lenders and – for now – winning.
- Karen Maley
CBA preps ultra-cheap loan amid war with brokers
Brokers say major lenders are going straight to customers threatening to leave, even after they have already engaged a mortgage broker to find the best deal.
- Lucas Baird
Why Bendigo Bank shares are up sharply this month
Bendigo’s senior management briefed analysts and investors on a new four-year strategy, which includes a new lending platform and push into business lending.
- James Eyers
Why former APRA exec Geoff Summerhayes is targeting reverse mortgages
The product, shunned by major banks, lets retirees release equity from their homes to top up retirement income. Heartland wants to grow its $1.7b book.
- James Eyers
Lenders creating ‘unnecessary barriers’ for struggling customers: ASIC
With living costs high, ASIC chairman Joe Longo has issued a stern report on bank hardship policies. ABA chief Anna Bligh says processes are being improved.
- James Eyers
- Opinion
- Chanticleer
CBA shows this is not your parents’ slowdown
CBA’s chief executive started banging the drum on loss-making mortgages early last year. Now, the broader banking sector appears to be thinking along the same lines.
- Updated
- James Thomson
