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ANZ strained by mortgage inflows as turnaround times spike
by Charbel Kadib • 22 May 2020
ANZ has confirmed that its processing times for home loan applications have, on average, more than doubled over the... READ MORE
Bank offers up to $4k cashback to frontline workers
by Hannah Dowling • 22 May 2020
The bank has announced the launch of a home loan refinance cashback offer of up to $3,000 for any mortgage customer... READ MORE
Senator calls on banks to extend IO periods
by Annie Kane • 21 May 2020
Following on from his call last month for lenders to convert principal and interest (P&I) home loans for... READ MORE
FBAA berates banks on loan discharge delays
by Malavika Santhebennur • 21 May 2020
The Finance Brokers Association of Australia (FBAA) has urged banks to adopt standardised documentation around... READ MORE
Neobank delays loan rollout due to COVID-19
by Annie Kane • 20 May 2020
The fintech lender – which became the first organisation to be granted a restricted ADI licence in 2018 before... READ MORE
Buyers Choice adds SMSF lender to panel
by Malavika Santhebennur • 19 May 2020
Boutique aggregator Buyers Choice has announced that Granite Home Loans has joined its lender... READ MORE
ScotPac and CML merger off the table
by Annie Kane • 14 May 2020
In December 2019, SME lender Scottish Pacific submitted a proposal to acquire non-bank debtor finance specialist CML... READ MORE
CBA received 144,000 mortgage deferral requests
by Annie Kane • 14 May 2020
In its March 2020 trading update, the Commonwealth Bank of Australia (CBA) revealed how the coronavirus pandemic has... READ MORE
Supply/demand imbalance stabilising property market
by Malavika Santhebennur • 14 May 2020
In a video episode of The Adviser’s In Focus (partnered by Smartline, of which REA Group is the parent company) the... READ MORE
LoanDolphin merges with Joust
by Annie Kane • 13 May 2020
The two reverse auction platforms, LoanDolphin and Joust, were both founded by former banking executives in 2015, as... READ MORE
Industry awaits ‘missing piece’ of BID puzzle
by Charbel Kadib • 12 May 2020
Last week, the Australian Securities and Investments Commission (ASIC) announced that it would defer the commencement... READ MORE
ME Bank to appear in ‘urgent’ parliamentary hearing
by Annie Kane • 12 May 2020
Earlier this month, super fund-owned lender ME Bank reduced the amount borrowers could redraw from specific legacy... READ MORE
Australian Broking Awards 2020 launches
by Annie Kane • 11 May 2020
The Australian Broking Awards is the only industry awards program focusing exclusively on the leading brokers,... READ MORE
Big 4 out of favour with the public
by Hannah Dowling • 11 May 2020
The big four banks are among those considered least trustworthy, based on the latest quarterly Trust Index survey for... READ MORE
Bank backs down on redraw policy
by Charbel Kadib • 8 May 2020
Last week, it was reported that super fund-owned lender ME Bank had reduced the amount borrowers could redraw from... READ MORE
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