RMBS margins narrow

AMP Bank’s latest issue of residential mortgage-backed securities was priced at much narrower spreads than the bank’s previous transaction in March, reflecting less RMBS issuance this year and continu.. read more

Embedded finance not living up to the hype

When financial technology company FIS asked banks and other financial services executives at the end of last year what their priorities were for investment in business innovation in 2023, embedded fin.. read more

Data breach numbers down

Data breach numbers dropped significantly in the first half of the year but efforts by financial services companies to improve data security had limited results, with the sector reporting the second h.. read more

How the RBA rated Lowe's pandemic response

Outgoing Reserve Bank governor Philip Lowe defended himself in a speech last week against what he sees as unfair criticism of the bank’s COVID response, and attempted to correct the record on what he.. read more

Securitisation market shifts to ABS

The Australian securitisation market is holding up well, with an increase in outstanding debt securities during the June quarter, but there has been a shift away from mortgage-backed issuance to other.. read more

High LVR and DTI mortgage lending off the table

Authorised deposit-taking institutions continued to tighten their mortgage underwriting standards in the June quarter, cutting back on new lending with high loan-to-valuation and debt-to-income ratios.. read more

Super Saver Scheme changes passed

A makeover of the First Home Super Saver Scheme, designed to make it more attractive to people saving for a mortgage deposit, was passed into law yesterday. read more