BOQ, Bank of us and Hume Bank slice fixed rates

It’s Black Friday folks and the kind people at Hume Bank, Bank of us and Bank of Queensland (BOQ) have got in the spirit this week by slashing fixed-rate home loans.

Elderly homeless numbers on the rise

While there’s been much positive talk of a housing boom amidst rising house prices, the reality is many older Australians are being forced out onto the street.

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.