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Westpac relied on car dealers for loan verification

by Reporter • 23 Mar 2018
Appearing before the financial services royal commission on Wednesday (21 March), Westpac’s general manager of... READ MORE

Commissioner suggests trail could be paid to borrowers

by Reporter • 22 Mar 2018
Despite ASIC’s remuneration review finding that ongoing trail “usually provides an incentive to aggregators and... READ MORE

Major banks to make changes to SME loan contracts

by Reporter • 16 Mar 2018
An Unfair Contract Terms and Small Business Loans report released by the Australian Securities and Investments... READ MORE

Taxing property investors ‘not the answer’, says HIA

by Sasha Karen • 14 Mar 2018
Detailed in the December quarter 2017 edition of the Adelaide Bank/REIA Housing Affordability Report, compared to the... READ MORE

RBA highlights competition in mortgage market

by Reporter • 14 Mar 2018
In his address at the Debt Capital Markets Summit on Wednesday (14 March), assistant governor (financial markets) of... READ MORE

First home buyers undeterred by rising mortgage pressures

by Reporter • 12 Mar 2018
The proportion of median family income required to service a mortgage has increased by 1.6 per cent nationally to... READ MORE

RBA announces rate decision for March 2018

by Reporter • 6 Mar 2018
As widely expected, the nation’s official interest rate remains on hold at a historic low of 1.5 per cent. The rate... READ MORE

AFG banking on new commercial platform

by Annie Kane and James Mitchell • 1 Mar 2018
AFG grew its commercial loan book by 14 per cent to $7.2 billion over the six months to December 2017. Much of the... READ MORE

YBR settlements drop by 2%

by Reporter • 27 Feb 2018
According to Yellow Brick Road Holdings Ltd (YBR), in the six months to 31 December 2017, the company reported its... READ MORE

Bluestone Mortgages Asia Pacific acquired by US firm

by Reporter • 27 Feb 2018
The transaction, which was announced today (27 February), will divest the parent company, Bluestone Group UK, of its... READ MORE

Royal commission releases mortgage broking report

by Reporter • 23 Feb 2018
Compiled from public information, including that from The Adviser, the Some Features of the Australian Mortgage... READ MORE

Homeloans settlements surpass $2bn

by Reporter • 22 Feb 2018
Homeloans Ltd has reported a net profit after tax (NPAT) of $11.9 million in the first half of the 2018 financial... READ MORE

APRA deems SME loans ‘higher risk’

by Staff Reporter • 16 Feb 2018
On Wednesday, APRA released its discussion paper on revisions to the capital framework for ADIs. The regulator... READ MORE

FHB grants ‘make housing less affordable’, says ACT Chief Minister

by Reporter • 16 Feb 2018
On Friday (16 February), Chief Minister Andrew Barr called on state and territory governments to abolish all stamp... READ MORE

Email scam warning for Vic home buyers

by Reporter • 16 Feb 2018
The Victorian consumer affairs regulator has outlined that it has received notification on hackers targeting the... READ MORE
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