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NAB ‘open for business’ on IO, investor loans

by James Mitchell • 7 Nov 2017
NAB’s full-year results for the 2017 financial year reveal just how effective APRA’s caps on interest-only and... READ MORE

Westpac closes 58 branches in digital push

by Staff reporter • 6 Nov 2017
In its full-year results, announced on 6 November, Westpac noted that it has managed to save $262 million in FY17 by... READ MORE

Is RENTVESTING the new Aussie dream?

by La Trobe Financial Group • 3 Nov 2017
THE AUSTRALIAN DREAM of a white picket fence, a tyre swing and a Hills Hoist in the backyard is nearly gone. Throw in... READ MORE

Westpac bolsters responsible lending with ApplyOnline changes

by Staff reporter • 1 Nov 2017
From 14 November 2017, brokers will be required to complete additional Requirements & Objectives (R&O)... READ MORE

AFP charges RAMS founder with fraud

by James Mitchell • 31 Oct 2017
The ABC reported this morning (31 October) that Mr Kinghorn has been charged and will appear in Downing Centre Local... READ MORE

FBAA welcomes news from major bank

by Staff reporter • 30 Oct 2017
In its full-year results, released last week, ANZ bank revealed that brokers originated 56 per cent of its mortgages,... READ MORE

Mutual banks cut owner-occupier IO rates

by Reporter • 27 Oct 2017
The mutual banks, owned by Teachers Mutual Bank Limited, have dropped the variable interest rate to 3.84 per cent... READ MORE

Lenders decline home loans after viewing this section of credit files

by Merrilyn Mansfield • 26 Oct 2017
The access section is right down the bottom of a credit file and usually has a long list of credit providers who have... READ MORE

Pepper’s deal conversion tool reaches 1,000 users

by Julianne Leybag • 26 Oct 2017
Earlier this year, the specialist lender launched the Pepper Product Selector, an online conversion tool that allows... READ MORE

Lenders trialling home loan blockchain solution

by Reporter • 26 Oct 2017
Homechain, a 14-step origination solution developed by Australian fintech start-up Moneycatcha Pty Ltd, is currently... READ MORE

Major bank to settle rate rigging case with ASIC

by Staff reporter • 24 Oct 2017
Lawyers representing ASIC told the Federal Court in Melbourne on Monday (23 October) that ANZ has reached a... READ MORE

Banks to develop individual approaches to remuneration

by Reporter • 24 Oct 2017
On Friday (20 October), former auditor-general Ian McPhee AO PSM, released his progress report on the Australian... READ MORE

‘No formula’ for mortgage repricing, says NAB CEO

by James Mitchell • 23 Oct 2017
NAB chief executive Andrew Thorburn told a parliamentary committee on Friday (20 October) that if the bank wanted to... READ MORE

Major bank to refund $65m to customers

by Reporter • 20 Oct 2017
  The bank has announced that it would provide refunds to some customers holding “packaged” accounts after... READ MORE

Former Pepper CEO joins SME lender

by Reporter • 19 Oct 2017
Mr Tuttle was made redundant from the Pepper Group in April of this year, after the specialist lender decided to... READ MORE
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