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BOQ pulls out of low doc loans
by Reporter • 6 Jul 2018
As of this week (starting 2 July), BOQ has removed the low document loan policy requirement from its home loan policy... READ MORE
Lender sees personal loan originations double
by Tas Bindi • 6 Jul 2018
ASX-listed lender Wisr (formerly known as DirectMoney) has revealed that the overall value of loan originations in... READ MORE
CBA to withdraw from low doc lending
by Reporter • 4 Jul 2018
The Commonwealth Bank of Australia (CBA) has told brokers that it is “simplifying” its product suite to ensure... READ MORE
Have your say on the non-major banks
by Reporter • 2 Jul 2018
The last 12 months have been challenging for the big banks, with the non-majors and non-banks seeing more business as... READ MORE
SME lenders sign new Code of Lending Practice
by Reporter • 2 Jul 2018
Developed with support from the Australian Finance Industry Association (AFIA), the Australian Small Business and... READ MORE
New digital bank to offer home loans
by Reporter • 2 Jul 2018
Wholly owned by payments solution business Cuscal, 86 400 is a new digital player launching into the Australian... READ MORE
‘Significant’ spike in funding costs prompts rate hike
by Reporter • 28 Jun 2018
The non-major’s variable home loan rate for owner-occupiers (principal and interest repayments) will increase by... READ MORE
Booming property has ‘conditioned’ us to expect profits: CEO
by James Mitchell • 27 Jun 2018
Starr Partners CEO Douglas Driscoll runs a real estate group with more than 30 offices across southern, western and... READ MORE
NAB brings on ‘home lending specialists’
by Reporter • 27 Jun 2018
NAB has said that the new role will require bankers to complete a Certificate IV in Financial Services and undertake... READ MORE
Non-bank assumes 20% default rate for apartments
by James Mitchell and Tim Stewart • 27 Jun 2018
Growing fears surrounding the sustainability of Australia’s new apartment market have been growing since China... READ MORE
Mortgage Choice partners with P2P lender
by Reporter • 26 Jun 2018
Mortgage Choice has announced that it has partnered with RateSetter in a move that would provide its 600 brokers with... READ MORE
‘Clean and timely exit’: CBA to cut ties with Aussie
by James Mitchell • 26 Jun 2018
Any conflicts of interest to be found in the ownership of Australia’s biggest mortgage brokerage by Australia’s... READ MORE
ASIC wants to embed agents within major banks
by Tim Stewart • 25 Jun 2018
At a public hearing of the House of Representatives Standing Committee on Economics on Friday, Liberal MP Trevor... READ MORE
Credit squeeze hits elite brokers as lenders scrutinise expenses
by Reporter • 25 Jun 2018
ANZ has become the latest lender to tweak its credit policy for home loan borrowers. Late on Friday, the major bank... READ MORE
Federal Court approves CBA’s $20m settlement over BBSW manipulation
by Tas Bindi • 22 Jun 2018
The Australian Securities and Investments Commission (ASIC) commenced legal proceedings against Commonwealth Bank in... READ MORE
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