Mortgage stress rises as BNPL credit demand plummets
Home loan delinquency rates are rising to levels unseen since the start of the pandemic, while demand for credit, especially BNPL, has plummeted.
Paulina Duran
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ACCC delays ruling on ANZ’s Suncorp bank bid
ANZ’s $4.9bn takeover of Suncorp bank hangs in the balance as the competition regulator secures a one-week delay on its ruling.
Softer Macquarie earnings tipped
Macquarie is likely to reveal much lower earnings in the first three months of this financial year than in last year’s bumper first quarter, but investors see things improving from then on.
Don’t underestimate sticky inflation, say experts
Global and local investors continue to be highly cautious of the sharemarket’s bounce, even though there are signs inflation might be fading.
Big bank competition toned down to strategic approach
The major banks’ competitive ‘recalibration’ has fuelled questions among financial observers about the implications for margins.
APRA tackles super valuation concerns
Australia’s super watchdog has released new governance guidance for the $3 trillion industry in an attempt to address concerns over funds’ approach to valuing unlisted investments.
I’m not going anywhere: Westpac CEO
A top level executive shake-up has stoked succession talk, but Westpac boss Peter King declares he has more to do. ‘I’m here, and I’ve got plenty to do’.
Westpac restructures to split banking division
Westpac is splitting its consumer and business banking unit to ‘sharpen’ the bank’s focus and drive growth.
Private Equity plunge set for turnaround: Bain & Co
Private equity sales hit rock bottom but signs of recovery are emerging with Ticketek-owner TEG and Vitex set for strong demand.
HUB24 wins adviser market share amid lower inflows
Specialist platform provider HUB24’s net inflows fell 15 per cent during the fourth quarter but analysts say the company’s performance was ‘healthy’.
Original URL: https://www.theaustralian.com.au/author/paulina-duran/page/25