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Bank hikes fixed home loan rates
by Charbel Kadib • 8 May 2020
Teachers Mutual Bank Ltd (TMBL) has raised interest rates across two and three-year fixed owner-occupied and... READ MORE
Heritage appoints new BDM
by Hannah Dowling • 8 May 2020
Heritage Bank has announced the appointment of Chris Franze as its newest business development manager (BDM) for NSW... READ MORE
Bank drops rates, commits to 24-hour turnarounds
by Annie Kane • 7 May 2020
Fintech lender 86 400, which launched its first digital home loan products through the broker channel last year, has... READ MORE
SMSF lender joins AFG panel
by Reporter • 6 May 2020
The Australian Finance Group (AFG) has announced that Granite Home Loans has joined its lender panel, providing the... READ MORE
ME Bank reviewing affected redraw customers
by Annie Kane • 5 May 2020
Over the weekend, mainstream media outlets broke the news that super fund-backed lender ME Bank had reduced the... READ MORE
Banks freeze $6.8bn in loans
by Reporter • 5 May 2020
The Australian Banking Association (ABA) has published new data, revealing that its members have provided six-month... READ MORE
Westpac earnings plunge, mortgage book thins
by Charbel Kadib • 5 May 2020
Westpac Group has released its half-year results for the 2020 financial year (1H20), posting a 70 per cent fall in... READ MORE
Bank ceases lending for off-the-plan purchases
by Reporter • 4 May 2020
Teachers Mutual Bank Ltd (TMBL) has announced several changes to its serviceability assessment policy, lowering its... READ MORE
ANZ ‘cleans up’ turnaround times, volumes surge
by Charbel Kadib • 1 May 2020
ANZ has released its half-year results for the 2020 financial year (1H20), reporting a $5-billion contraction in its... READ MORE
Big 4 unfazed by sharper pricing from non-majors
by Charbel Kadib • 30 Apr 2020
On Monday, the Australian Competition and Consumer Commission (ACCC) released its interim Home Loan Price Inquiry... READ MORE
Westpac tightens screws on LMI, income verification
by Reporter • 29 Apr 2020
Westpac Group – which includes subsidiaries Bank of Melbourne, BankSA and St.George Bank – has announced changes... READ MORE
NAB secures $3bn in capital
by Hannah Dowling • 29 Apr 2020
Earlier this week, National Australia Bank (NAB) announced that it would be facilitating a new $3.5-billion capital... READ MORE
Mortgage slump adds to NAB’s earnings woes
by Charbel Kadib • 28 Apr 2020
NAB has released its half-year results for the 2020 financial year (1H20), reporting a $4.4-billion contraction in... READ MORE
Bankwest digitises verification process
by Reporter • 27 Apr 2020
In lieu of social distancing restrictions imposed by federal and state government authorities to contain the COVID-19... READ MORE
PM calls on banks to address finance lags
by Annie Kane • 23 Apr 2020
Speaking during a press conference on Thursday (23 April), Prime Minister Scott Morrison provided an update on the... READ MORE
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