The major bank will see around 3,500 employees depart the company as part of changes to simplify the bank.

Around one in three loans from the customer-owned bank went to first home buyers over the year.

The state government has reaffirmed plans to triple the First Home Owner Grant from next year.

The association has called for clearer communication and less red tape from the regulator.

Housing affordability for first home buyers is at its lowest since records began, according to new research.

The private equity firm has acquired three brokerages and two loan books in the past six months.

The SME lender’s loan offer tool aims to reduce time and hassle for brokers writing business loans.

The regulator has singled out mortgage offset accounts as a focus area for assessment.

The new appointee to the FBAA executive team previously served on ASIC’s financial services team.