Westpac dumped from First Home Loan Deposit Scheme

In what is turning out to be a very bad week for the bank, Westpac has allegedly been axed as the second major lender for the governments’ First Home Loan Deposit Scheme over reputational risk concerns.

Customer-owned banks grow rapidly in 2019

Customer-owned banks (aka mutual banks) have emerged from a tough 2019 relatively unscathed, according to a new independent report from KPMG.

REIQ: No winners under QLD rental reforms

The Real Estate Institute of Queensland (REIQ) has slammed changes to Queensland rental legislation, labelling them reckless and damaging.