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| Regulators Eye Non-Bank Lenders as Market Share Expands 14 Nov 2025: Paige Estritori The Australian Securities and Investments Commission (ASIC) and the Reserve Bank of Australia (RBA) have intensified their oversight of non-bank lenders, responding to the sector's significant growth and its potential impact on financial stability. - read more |
| Macquarie Bank Halts Trust and Company Lending in Residential Property 14 Nov 2025: Paige Estritori Macquarie Bank has announced a pause on trust and company lending within the residential property sector, a decision welcomed by the Property Investors Council of Australia (PICA). This move aims to mitigate the risk of residential properties becoming speculative assets and to encourage responsible investment practices. - read more |
| Westpac's Annual Profit Declines Amidst Mortgage Market Competition 06 Nov 2025: Paige Estritori Westpac Banking Corporation has reported a slight decrease in its annual profit, recording A$6.99 billion for the fiscal year ending September 30, 2025, down from A$7.11 billion the previous year. Despite this decline, the result surpassed analysts' expectations of A$6.83 billion. The bank attributes this dip to intensified competition within Australia's mortgage market and a marginal reduction in its net interest margin, which fell by 1 basis point to 1.94%. - read more |
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