The investment titan has shed more light on its move away from riskier lending, as brokers urge regulation of buyers agents and online property influencers.
Banking
As banks tighten lending to trusts and APRA warns of rising risks, regulators are moving to cool an overheated housing market driven by investor speculation.
CBA has joined Macquarie in pulling back from the riskier end of the housing market as concerns mount over unsustainable borrowing.
Banking regulator APRA is poised to reveal concerns about how some funds would perform in a crisis, and over the linkages between the super sector and the big four banks.
ANZ’s brutal self-assessment lays bare a culture long resistant to challenge, with CEO Nuno Matos now pushing a hard reset on risk, leadership and accountability.
The ANZ chief executive has firmly pushed back on his critics, arguing he has the right strategy in place – now he just needs to execute.
ANZ boss Nuno Matos faces the ghosts of the bank's past missteps as he slashes costs and works to rebuild growth after a bruising year.
The financial services giant has revealed it is preparing internal candidates to succeed Shemara Wikramanayake when she eventually exits.
Westpac’s polished Anthony Miller and NAB’s candid Andrew Irvine may have contrasting styles, but their banks are facing similar challenges.
The CEO of the big four lender said he has no intention of running the bank "in an ivory tower", amid criticisms of his leadership approach.
The big four bank is also tilting towards investor loans and shifting away from mortgage brokers to its own sales channels to expand its margins.
After a year laying the groundwork, Westpac’s Anthony Miller faces the test: can his billion-dollar tech overhaul deliver growth amid shrinking margins?
The financial services giant is taking new steps to manage its exposure as a tide of social media advice instructs Australians how to get around lenders’ risk controls.
With its $4 billion Melio purchase, Xero is betting big on payments and the US market while stepping into territory where others have stumbled.
From ATMs to AI, every tech shift in banking has sparked fear. But history shows these changes don’t erase jobs, they transform them.
Commonwealth Bank chief executive Matt Comyn will be at the top of the bank for another three years. Not everyone is convinced it's the right move.
