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NAB joins affordable housing cooperative

by Reporter • 28 Oct 2020
NAB has announced that it will be joining the Constellation Project (Constellation) as an Alliance Member to support... READ MORE

Bank overhauls rem model, reduces upfront commissions

by Reporter • 27 Oct 2020
Bankwest has overhauled its broker commissions and clawback structure, effective for settlements from 1 January... READ MORE

Westpac rolls out new offer for mortgage guarantors

by Reporter • 27 Oct 2020
Westpac Group has announced the introduction of a new term deposit rate offer for guarantors providing security for a... READ MORE

Lenders blitz mortgage market with cashbacks

by Reporter • 27 Oct 2020
According to an analysis from comparison website RateCity, the number of lenders offering cashback deals to... READ MORE

RAMS to move to ‘simplified’ business model

by Annie Kane • 26 Oct 2020
Speaking to The Adviser, Jake Bromwich, managing director of RAMS, noted that the group’s core business model is... READ MORE

WA extends home building grant construction deadline

by Annie Kane • 26 Oct 2020
In June, the government of Western Australia revealed its $147-million Building Bonus program, which provides $20,000... READ MORE

Major banks open New Home Guarantee waitlists

by Annie Kane • 21 Oct 2020
The First Home Loan Deposit Scheme (FHLDS) New Home Guarantee was among the measures announced by Treasurer Josh... READ MORE

Millennials prioritising home ownership

by Annie Kane • 20 Oct 2020
After analysing the savings patterns of nearly 1 million customers over the course of the pandemic, Bankwest... READ MORE

Major bank to pay $15m for engaging unlicensed introducers

by Annie Kane • 19 Oct 2020
The Federal Court of Australia has ordered National Australia Bank (NAB) to pay $15 million for accepting... READ MORE

Mutual bank to move to ‘digital first’ strategy

by Annie Kane • 14 Oct 2020
Speaking ahead of releasing the bank’s financial results for the financial year 2019-20, the mutual bank CEO, Steve... READ MORE

Lender to pay trail on loans with extended deferrals

by Annie Kane • 13 Oct 2020
According to the Australian Banking Association, more than half of the 900,000 loans on six-month repayment holidays... READ MORE

NSW, Vic get lion’s share of SME scheme: CBA

by Malavika Santhebennur • 13 Oct 2020
New figures from the Commonwealth Bank of Australia (CBA) revealed that 38 per cent of the funding it provided was... READ MORE

FHLDS New Home Guarantee details released

by Annie Kane • 12 Oct 2020
Last week, the federal government handed down the 2020-21 budget, outlining a swathe of tax cuts, concessions and... READ MORE

Former BDM banned for falsifying loan documents

by Malavika Santhebennur • 12 Oct 2020
An investigation by the Australian Securities and Investments Commission (ASIC) has found that Todd Erwin Butler... READ MORE

Call for states to harmonise e-signing laws

by Annie Kane • 9 Oct 2020
In May of this year, Treasurer Josh Frydenberg announced that the federal government would temporarily update the... READ MORE
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