Teachers Mutual off the pace

Teachers Mutual Bank struggled to keep pace with increased competition in the home loan and retail deposit markets in the year to June, and was hit by system errors for the second year in a row. read more

Chalmers casts the payments regulatory net wide

Proposed changes to payments system legislation will expand regulatory coverage to ensure all entities that play a role in payments are covered, as well as giving the government greater flexibility to.. read more

Risks of the fixed-rate cliff overstated

The vast majority of home loan borrowers who have rolled off fixed rates have managed the transition to higher rates well, and borrowers with fixed-rate loans yet to roll off do not appear materially.. read more

RBA holds but lenders don't

Close to half of all lenders have increased their variable mortgage rates since July, despite the Reserve Bank keeping the cash rate on hold over that period. read more