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CBA faces class action over credit insurance
by Annie Kane • 11 Jun 2020
Slater and Gordon has filed a class action in the Federal Court against Commonwealth Bank of Australia (CBA) and its... READ MORE
Lender lifts fixed mortgage rates
by Reporter • 11 Jun 2020
Newcastle Permanent has increased fixed rates by 10 bps on its Premium Plus Package, effective from Wednesday, 10... READ MORE
New non-resident loan product launched
by Hannah Dowling • 11 Jun 2020
The new product, named the “options non-resident loan” was launched in response to other lenders withdrawing from... READ MORE
Deferral customers prematurely resuming repayments: ANZ
by Charbel Kadib • 9 Jun 2020
ANZ’s group executive, retail and commercial, Mark Hand, has noted a recent shift in behaviour among borrowers that... READ MORE
AFG welcomes specialist lender to its panel
by Hannah Dowling • 5 Jun 2020
AFG head of sales and distribution Chris Slater announced the addition this week, with AMMF products now available to... READ MORE
Major bank overhauls assessment process
by Charbel Kadib • 3 Jun 2020
According to a communication sent by ANZ to its broker partners on Tuesday (2 June), the bank’s turnaround times... READ MORE
CBA announces interest-only lifeline
by Annie Kane • 2 Jun 2020
Last week, the Commonwealth Bank of Australia (CBA) said it was considering an expansion of its loan relief program... READ MORE
ANZ extends business loan terms
by Hannah Dowling • 1 Jun 2020
ANZ has announced that it will extend the maximum loan term on ANZ Business Loans under $1 million from 15 years to... READ MORE
Court rules against bank for ‘unfair’ loan terms
by Reporter • 29 May 2020
The Federal Court of Australia has declared several terms within six small-business loan contracts entered into by... READ MORE
Building society employs video VOI process
by Malavika Santhebennur • 29 May 2020
The building society has introduced the process to allow VOI to be completed where a broker is unable to meet... READ MORE
Cashback offers driving new consumer behaviour
by Annie Kane • 28 May 2020
Amid a low interest rate environment and an increasing number of cashback offers from lenders, the number of... READ MORE
Why COVID-19 broking trends are here to stay
by Malavika Santhebennur • 28 May 2020
Speaking to The Adviser’s In Focus podcast, Mr White said the coronavirus pandemic led to the accelerated... READ MORE
Wisr increases maximum household lending amounts
by Wisr • 27 May 2020
We are excited to announce that our maximum household loan limit has been increased, from $50,000 to $100,000. This... READ MORE
Bank automates pre-approval process
by Charbel Kadib • 27 May 2020
In a note to brokers, Teachers Mutual Bank Ltd (TMBL) has acknowledged a spike in its turnaround times for home loan... READ MORE
Adelaide Bank tightens serviceability policy
by Reporter • 27 May 2020
Adelaide Bank has informed Connective brokers that it has introduced changes to its serviceability policy for... READ MORE
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