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CBA setting aside $6.4bn for credit losses
by Annie Kane • 7 Sep 2020
Speaking to the House of Representatives standing committee on economics on Friday (4 September), the CEO of CBA was... READ MORE
ANZ changes rental income sharing rules
by Reporter • 7 Sep 2020
ANZ has informed brokers that it will be lowering its rental income sharing threshold from 25 per cent to 15 per... READ MORE
ANZ applications peaked at $1.2bn a day
by Annie Kane • 3 Sep 2020
Earlier this year, the major bank faced severe delays in its processing times, leading to turnaround times blowing... READ MORE
La Trobe Financial releases three new loan products
by Annie Kane • 2 Sep 2020
Following on from suggestions that the lender would launch new products this year, the non-bank lender has now... READ MORE
QBE chief steps down
by Lachlan Maddock • 2 Sep 2020
Pat Regan will depart QBE after almost three years in the role following an external investigation into workplace... READ MORE
ANZ, CBA launch online business lending platforms
by Annie Kane • 28 Aug 2020
Two big four banks have launched new online tools to enable SMEs to access finance more quickly.
ANZ has launched a... READ MORE
Alternative lender joins AFG panel
by Malavika Santhebennur • 28 Aug 2020
Aggregator Australian Finance Group (AFG) has welcomed Credit Suisse-backed Tradeplus24 to its panel of specialist... READ MORE
FBAA urges lenders to move to digital docs
by Malavika Santhebennur • 26 Aug 2020
The Finance Brokers Association of Australia (FBAA) has backed a call from mortgage and finance brokers who want all... READ MORE
Non-bank launches loan product for self-employed
by Malavika Santhebennur • 26 Aug 2020
The product, called Gold Alt Doc Construction Home Loan, offers features to support self-employed borrowers who have... READ MORE
ANZ extends cashback offer deadlines
by Malavika Santhebennur • 25 Aug 2020
ANZ has announced that it has extended the deadline for the home loans switching cashback discretion (of up to... READ MORE
Advice remediation bill exceeds $1bn
by Reporter • 25 Aug 2020
The Australian Securities and Investments Commission (ASIC) has issued an update on compensation charges associated... READ MORE
Remote working to shift property price trends
by Malavika Santhebennur • 25 Aug 2020
The new research has reflected on the performance of the property market post-GFC to gauge how prices might fare... READ MORE
Lender closes branches in all but one state
by Annie Kane • 24 Aug 2020
Tasmania-based lender MyState Bank has confirmed that it is closing its four Central Queensland branches and two... READ MORE
Digital lender introduces tiered variable rates
by Annie Kane • 21 Aug 2020
As of 20 August, all variable customers with an “Own” home loan – or applying for one – will be able to... READ MORE
SME lender acquires invoice finance platform
by Annie Kane • 20 Aug 2020
The parent company of Cashflow Finance and Classic Funding Group has finalised its purchase of online invoice finance... READ MORE
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