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ING announces new CEO
by Annie Kane • 29 Oct 2020
Effective from 16 November, Melanie Evans, the lender’s current head of retail bank, will be promoted to the role... READ MORE
BOQ eases expense validation policy
by Reporter • 29 Oct 2020
The Bank of Queensland (BOQ) has announced changes to its living expense validation policy for home loan applications... READ MORE
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
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