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Non-major pulls simple doc commercial loan

by Staff reporter • 6 Dec 2017
The bank sent out an update to brokers this week announcing that the Simple Doc commercial product — a lease-doc... READ MORE

Investors switched $1.2bn of loans to owner-occupier

by Reporter • 1 Dec 2017
The latest financial aggregates statistics release from the Reserve Bank of Australia reveals that the net value of... READ MORE

Competition heats up for investor, IO loans

by Staff reporter • 1 Dec 2017
Omniwealth Mortgage managing director James Grima said that lenders, for the first time in many months, are starting... READ MORE

Borrowers bargaining for better mortgage deals

by Reporter • 28 Nov 2017
The survey by finder.com.au revealed that 33 per cent of the 1,286 respondents managed to successfully bargain for a... READ MORE

Liberty buys stake in major third-party player

by James Mitchell • 24 Nov 2017
Liberty revealed on 24 November that it has expanded its ability to help business partners serve more customers by... READ MORE

Borrowers want to interact with people, says fintech CEO

by Reporter • 22 Nov 2017
The online mortgage brokerage, in line with its expansion, is currently looking to hire between 12 and 15 people to... READ MORE

Credit union could break into business banking

by Reporter • 17 Nov 2017
Treasurer Scott Morrison recently announced that the federal government will adopt all 11 recommendations of the... READ MORE

ING pulls back residential offering for non-individual borrowers

by Reporter • 10 Nov 2017
ING DIRECT has announced changes to its residential lending platform, introducing new restrictions and rate... READ MORE

Property investors 'don't need to worry' about financial security

by Lucy Dean • 8 Nov 2017
WealthMart property consultant, Steve Smith has said that while many Australians believe it’s too expensive to buy... READ MORE

Predictive machine learning could come to mortgages

by Reporter • 8 Nov 2017
Anil Arora, CEO of Envestnet Yodlee, a leading data aggregation and analytics platform for digital financial... READ MORE

‘Game-changer’: Government banks on fintech, CCR and data

by James Mitchell • 3 Nov 2017
The number of fintech start-ups in Australia increased from fewer than 100 in 2014 to 579 companies in July 2017,... READ MORE

RBA rates to remain unchanged: RateCity

by Reporter • 2 Nov 2017
Twenty-one out of the 23 leading economic indicators observed by the rate comparison website suggest that the RBA... READ MORE

Virgin Money cuts investor, IO rates and ups LVRs

by Staff reporter • 1 Nov 2017
Effective from 1 November, Virgin Money will be decreasing variable owner-occupied principal and interest (P&I)... READ MORE

Investor rates to hit 6.5% by 2020: QBE

by Reporter • 27 Oct 2017
The predictions come in the QBE Australian Housing Outlook 2017–2020, which forecasts what the market will look... READ MORE

ASIC cancels auto dealer’s credit licence

by Staff reporter • 27 Oct 2017
After reviewing Mr Young’s dealings with Indigenous customers, ASIC found that he was no longer a member of an... READ MORE
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