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Lender
CBA announces interest-only lifeline
by Annie Kane • 2 Jun 2020
The bank has become the second major lender to offer customers the option to switch to interest-only repayments, or...
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ANZ extends business loan terms
by Hannah Dowling • 1 Jun 2020
The major bank has announced that it will extend the maximum loan term on business loans under $1 million to 30 years.
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Court rules against bank for ‘unfair’ loan terms
by Reporter • 29 May 2020
The Federal Court has declared a number of loan contracts entered into by a lender “void” after finding that the...
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Building society employs video VOI process
by Malavika Santhebennur • 29 May 2020
Newcastle Permanent has introduced a new process to enable verification of identity to be completed through a video...
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Cashback offers driving new consumer behaviour
by Annie Kane • 28 May 2020
More borrowers are looking at refinancing to take advantage of short-term gains such as immediate cash flow rather than...
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Why COVID-19 broking trends are here to stay
by Malavika Santhebennur • 28 May 2020
Loan Market executive chairman Sam White has commended brokers for adopting digital home loan processes quickly during...
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Wisr increases maximum household lending amounts
by Wisr • 27 May 2020
Promoted by Wisr Wisr has increased the maximum household loan amount, from $50,000 to $100,000. The increase will...
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Bank automates pre-approval process
by Charbel Kadib • 27 May 2020
A non-major lender has announced changes to its pre-approval process to address a spike in its turnaround times amid a...
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Adelaide Bank tightens serviceability policy
by Reporter • 27 May 2020
The non-major bank has temporarily revised its serviceability policy in response to heightened credit quality risks...
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Brokers reveal which lenders are leading the way
by Annie Kane • 26 May 2020
The results are in for the Third-Party Lending Report 2020, revealing which lenders are the best-performing in the...
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