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Lender
Bank changes serviceability requirements
by Francesca Krakue • 14 Feb 2017
A non-major bank has confirmed that its serviceability calculators have been updated to remove negative gearing tax...
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Lender invests $100k in fintech start-up
by Francesca Krakue • 14 Feb 2017
A leading specialist lender has partnered with a fintech incubator to back a start-up in a program aimed at...
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Non-major bank lifts rates
by Reporter • 10 Feb 2017
A non-major lender has announced that the variable interest rate for existing owner-occupied home loans and business...
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Lender embraces digital mortgage distribution
by James Mitchell • 10 Feb 2017
An Australian credit union has announced a new distribution deal with a home loan fintech to bolster its mortgage...
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3 years’ jail for former Westpac home loan manager
by James Mitchell • 10 Feb 2017
A former Westpac home finance manager has been sentenced to three years’ imprisonment after pleading guilty to...
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Major bank halts investor refinancing
by Reporter • 9 Feb 2017
A big four bank has told brokers that it will be suspending the acceptance of new refinance applications for investment...
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Major bank subsidiary pulls investor lending deals
by Reporter • 8 Feb 2017
An Australian bank has revealed that it will no longer accept applications from new customers seeking to refinance...
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Banking code to change following government report
by Reporter • 7 Feb 2017
The Australian Bankers’ Association has announced that it will make changes to the Code of Banking Practice to ensure...
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Banks ‘on notice’ over SME loans
by James Mitchell • 6 Feb 2017
A damning new report commissioned by the Turnbull government has found that loan arrangements between banks and small...
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Most Aussies feel like ‘just a number’ with big banks
by Francesca Krakue • 3 Feb 2017
The majority of Australians believe a big four bank would not provide the best service for customers facing a crisis,...
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