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Lender
Non-major bank changes IO credit policy
by Reporter • 9 Jun 2017
A non-major lender has announced that it is implementing a policy change for new and existing interest-only investment...
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Lender stops offering owner-occupied IO fixed rates
by Reporter • 7 Jun 2017
A non-major lender has announced that new applications for interest-only repayments on owner-occupied fixed rate loans...
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Disparity between RBA and bank rates confusing mortgagors
by Reporter • 7 Jun 2017
Consumers are increasingly caught in ‘camp confusion’ as lenders increase their interest rates despite the cash...
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Heritage launches fund for police officer killed on duty
by Staff reporter • 6 Jun 2017
Heritage Bank has established a fund to accept donations from the public to support the family of Senior Constable...
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ASIC report finds ‘potential conflict’ with P2P lenders
by Lucy Dean • 2 Jun 2017
The corporate watchdog has revealed that marketplace lenders operating in the SME space are deriving the bulk of their...
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Broker shares benefits of breaking into commercial lending
by Francesca Krakue • 2 Jun 2017
Branching into the commercial space has marked a natural evolution of this award-winning regional broker’s business.
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Online SME lender surpasses $50m mark
by Reporter • 2 Jun 2017
Fintech business lender Spotcap has announced that it has provided more than 700 lines of credit to Australian small...
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Major bank announces construction lending changes
by Francesca Krakue • 1 Jun 2017
One of the big four banks has revealed that it is changing its maximum LVR for construction loans, effective Saturday,...
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Mutual lender the latest to hike interest rates
by Lucy Dean • 1 Jun 2017
An Australian mutual bank has joined the ranks of those hiking rates on interest-only loans, and has reduced the...
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Branches still leading channel for major banks
by James Mitchell • 31 May 2017
Brokers are writing less than 50 per cent of mortgages for the big four banks but have become the dominant channel for...
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