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Lenders offer no-LMI loans up to 85pc LVR

by Staff Reporter • 2 Sep 2014
The sister brands are offering the new terms to residential borrowers in Sydney and Melbourne and in other mainland... READ MORE

MFAA and smaller banks take aim at big four

by Nick Bendel • 1 Sep 2014
The MFAA told the Financial System Inquiry that it disagreed with the claim made in the inquiry’s interim report... READ MORE

Teachers Mutual Bank targets Tasmania

by Nick Bendel • 1 Sep 2014
Mark Middleton, national manager of third-party distribution, said Teachers Mutual is currently accredited with seven... READ MORE

Credit fraud responsibility ‘ultimately falls with the lender’

by Nick Bendel • 29 Aug 2014
Veda reported earlier this week that there has been a 52 per cent jump in suspicious credit applications in the past... READ MORE

AMP Bank increases commissions by 20 points

by Nick Bendel • 29 Aug 2014
Standard upfront commission rates will be increased by 20 basis points for all new loan applications, including... READ MORE

Firstfolio posts $4.1m loss but underlying profit

by Nick Bendel • 29 Aug 2014
The group reported a $4.1 million loss for the 12 months to 30 June 2014, compared to a $1.3 million profit the year... READ MORE

Profitable lender promises better back-end support

by Nick Bendel • 29 Aug 2014
The building society reported a $14.1 million profit for the 12 months to 30 June 2014 – up 16 per cent on last... READ MORE

Think twice before increasing mortgage competition: Reserve Bank

by Nick Bendel • 29 Aug 2014
The Reserve Bank argued in its second submission to the federal government’s Financial System Inquiry that there is... READ MORE

Heritage Bank cuts rates to 3.99pc

by Staff Reporter • 28 Aug 2014
The comparison rate is 5.58 per cent, which is based on a $150,000 loan over 25 years. The previous one-year rate was... READ MORE

ME Bank unveils its lowest-ever three-year rate

by Nick Bendel • 28 Aug 2014
This is the lowest three-year standard rate the lender has offered since it became a bank in 2001. ME Bank said its... READ MORE

Bankwest announces commission bonus

by Staff Reporter • 28 Aug 2014
The bonus applies to full applications submitted between August 22 and November 30 for deals with a maximum LVR of 75... READ MORE

ABS data shows new home building remains strong

by Staff Reporter • 28 Aug 2014
The value of construction done in June fell to $51.9 billion, according to new data from the Australian Bureau of... READ MORE

Housing market keeps powering banks

by Nick Bendel • 27 Aug 2014
Australia’s authorised deposit-taking institutions made a collective net profit of $32.3 billion in 2013/2014,... READ MORE

La Trobe extends commercial terms to 25 years

by Staff Reporter • 26 Aug 2014
This includes La Trobe Financial’s commercial SMSF product. Commercial loan terms previously extended to five... READ MORE

Australians want more transparent banking: survey

by Staff Reporter • 22 Aug 2014
According to the Customer Owned Banking Association, 86 per cent of respondents believe there needs to be more... READ MORE
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