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Borrower
Future credit tightening to be ‘modest’: RBA
by Reporter • 21 Jun 2018
The central bank has noted the recent fall in home loan approvals, driven by tighter credit conditions, and is...
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Former credit rep permanently banned
by Reporter • 18 Jun 2018
The sole director of a Cairns-based car finance provider and brokerage, who has declared bankruptcy off the back of...
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Average mortgage could be $1.45m by 2043
by Reporter • 15 Jun 2018
The median value of Australian houses could reach $2.9 million in the next 25 years, with the average mortgage size...
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NSW borrowers getting better rates than Queenslanders
by Reporter • 15 Jun 2018
Lenders are providing better loan rates to their customers in New South Wales than in Queensland, according to recent...
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Borrowers urged to switch mortgage providers
by Reporter • 11 Jun 2018
The average home loan customer could save up to $82,000 by switching from a major bank, according to new research from...
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Over 30% of family income going towards mortgage
by Reporter • 6 Jun 2018
The latest Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows an improvement in...
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New payments app backed by major banks launches
by Tas Bindi • 1 Jun 2018
Beem It, a new payments app developed by three of the big four banks, has launched quietly on the Apple and Google Play...
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Bankwest business customers ‘forced’ into bankruptcy
by Reporter • 1 Jun 2018
The royal commission has heard that several customers of Bankwest were left in financial distress as a result of the...
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FOS admits its decision on widow’s loan repayments was ‘wrong’
by Tas Bindi • 1 Jun 2018
A representative from the Financial Ombudsman Service (FOS) admitted that he was “wrong” when he ruled that a widow...
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Mortgage industry could face massive class action
by Reporter • 29 May 2018
A massive class action lawsuit is being planned on behalf of “Australian bank customers that have entered into...
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