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Macquarie, ING drop rates by 25 bps

by Annie Kane • 6 Jun 2019
On Tuesday afternoon (4 June), the Reserve Bank announced that it was dropping the official cash rate for the first... READ MORE

Major banks pass on cash rate cut

by Charbel Kadib • 4 Jun 2019
All four major banks have now announced reductions across their variable home loan rates, following the Reserve Bank... READ MORE

Pundits fear banks won’t play ball if RBA cuts

by Charbel Kadib • 4 Jun 2019
According to an analysis from rate comparison website Canstar, 34 lenders dropped their mortgage rates in May, which... READ MORE

Mutual lenders to merge next month

by Annie Kane • 3 Jun 2019
The vast majority of Regional Australia Bank and Holiday Coast Credit Union members voted in favour of merging the... READ MORE

Australian Broking Awards finalists 2019 revealed!

by Reporter • 30 May 2019
Building on from the state-based Better Business Awards earlier this year, the national Australian Broking Awards,... READ MORE

ING cuts variable home loan rates

by Charbel Kadib • 30 May 2019
ING is the latest lenders to drop its home loan rates, announcing cuts of up to 17 basis points across its Orange... READ MORE

CBA reports post-election spike in mortgage applications

by Charbel Kadib • 29 May 2019
Following his address to the Trans-Tasman Business Circle, CEO of the Commonwealth Bank of Australia (CBA) Matt Comyn... READ MORE

Westpac announces changes to mortgage product features

by Reporter • 29 May 2019
Westpac and its subsidiaries (Bank of Melbourne, BankSA and St George Bank) have revised the features of its... READ MORE

Resimac sells subsidiary for $14m

by Reporter • 29 May 2019
Resimac has announced the sale of its subsidiary salary packaging business, Paywise, in a deal worth $14... READ MORE

Resimac adds new member to NZ underwriting team

by Reporter • 27 May 2019
Resimac has announced the addition of a new staff member, Dannie Wang, to its New Zealand-based underwriting... READ MORE

Westpac amends residential lending policy

by Charbel Kadib • 24 May 2019
Westpac and its subsidies (Bank of Melbourne, BankSA and St George Bank) have informed brokers that effective from... READ MORE

Comply with verification requirements or explain yourself, lenders...

by Loanworks • 23 May 2019
That's one of the key regulatory changes being mooted by ASIC in a consultation paper, released in February this... READ MORE

Pepper Money extends reach in New Zealand

by Ezekiel MacNevin • 22 May 2019
Financial services group Astute NZ has begun offering Pepper Money mortgages to borrowers under a white-label... READ MORE

SME lender eyes growth after raising $8m

by Reporter • 21 May 2019
Alternative lender Lumi has revealed that it has closed an $8 million funding round, led by the Josh Liberman... READ MORE

Lenders put fixed rates on cutting board as demand slows

by Tas Bindi • 20 May 2019
AMP Bank, IMB Bank, Greater Bank and Credit Union Australia are among the latest lenders to put their fixed rates on... READ MORE
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