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Drivers behind growing borrower exodus from banks revealed

Fresh analysis has identified a growing exodus from incumbent lenders amid household pressure, heightened competition, and a widespread failure to engage customers before they decide to leave.

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ASIC puts private credit on notice after Bathla collapse

ASIC has renewed its warning over Australia’s “opaque” private-credit market following the collapse of NSW... READ MORE

APRA significantly tightens ING’s liquidity and capital settings

The prudential regulator has intervened after ING Bank Australia overstated a key financial resilience... READ MORE

Video podcast: What’s Making Headlines – Why 8 in 10 borrowers...

Mortgage brokers are writing a record proportion of home loans in Australia, as more borrowers turn to the channel for... READ MORE

Treasury makes major amendments to discretionary trust legislation

The federal government has substantially revised its proposed minimum-tax regime for discretionary trusts, unveiling a... READ MORE