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Leaders should be ‘unwavering’ in their pursuit of diversity: FAST

by Tas Bindi • 1 Aug 2019
Business leaders, regardless of the industry in which they operate, should actively seek out staff from diverse...READ MORE

Lender reports 281% rise in loan originations

by Reporter • 1 Aug 2019
Personal loan lender Wisr has reported a 281 per cent increase in loan origination value in FY19 compared to the year... READ MORE

Major bank announces new risk weight floors

by Annie Kane • 1 Aug 2019
A big four bank has announced new risk weight floors for some of its mortgage and farm lending portfolios in New... READ MORE

YBR reports lift in home lending performance

by Charbel Kadib • 31 Jul 2019
The broking franchise group has reported an increase in mortgage settlements volumes and a rise in its underlying loan... READ MORE

Major bank appoints group chief people officer

by Hannah Dowling • 31 Jul 2019
National Australia Bank has announced that KPMG’s current global head of people, Susan Ferrier, will become the... READ MORE

BOQ amends serviceability policy

by Charbel Kadib • 31 Jul 2019
The non-major lender has reduced its floor rate in response to APRA’s new mortgage serviceability assessment... READ MORE

New home sales spike in June quarter

by Reporter • 31 Jul 2019
The recent improvements in housing market sentiment has helped spur a rise in new home sales, which lifted for the... READ MORE

Scottish Pacific rolls out asset finance offering

by Annie Kane • 30 Jul 2019
Debtor finance specialist Scottish Pacific has begun rolling out a new asset finance offering through the broker... READ MORE

ANZ updates banking code provisions

by Charbel Kadib • 30 Jul 2019
The major bank has revised its home lending policy to align with recent guidance regarding the implementation of the... READ MORE

Appeal denied for jailed CEO

by Hannah Dowling • 30 Jul 2019
A former CEO who is currently serving a four-year jail sentence for conspiring to defraud CBA and his company will... READ MORE

Bank director steps down

by Hannah Dowling • 30 Jul 2019
A director of Heritage Bank has resigned from the board after nearly 14 years of... READ MORE

New SME funding guide launches

by Annie Kane • 29 Jul 2019
An “industry first” business funding guide for brokers and other financial advisers has been launched by... READ MORE

Heritage revises assessment rates

by Charbel Kadib • 29 Jul 2019
The customer-owned bank has made changes to its home loan serviceability assessment policy, joining a host of other... READ MORE

Major banks slash fixed rates by up to 96 bps

by Charbel Kadib • 29 Jul 2019
Two of the big four banks have announced reductions of up to 96 bps across their owner-occupied and investment home... READ MORE

Aggregator launches new remuneration model

by Charbel Kadib • 29 Jul 2019

A mortgage aggregator has announced the launch of a new revenue-sharing model for its broker network.

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Lenders can’t ‘abdicate’ distribution responsibilities to...

by Annie Kane • 26 Jul 2019
The heads of a non-major bank have said that industry will need to work together to ensure the new laws requiring... READ MORE

N1 launches new mortgage suite and joint venture

by Tas Bindi • 26 Jul 2019
The ASX-listed financial and property services firm has announced the launch of self-branded mortgage products, as well... READ MORE

BOQ Business appoints new group executive

by Annie Kane • 26 Jul 2019
BOQ has appointed a former Westpac executive as its new group executive for its business and SME arm, following the... READ MORE

Citi changes expense verification method

by Reporter • 26 Jul 2019

Citi has announced that it has changed the method it uses to assess customer expenditure reports. 

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Industry urged to get on the front foot of trail messaging

by Annie Kane • 25 Jul 2019
Suncorp’s CEO of banking and wealth has said it is “beholden of all parties in the industry” to “think about... READ MORE

Interest rate analysis reveals state of play in mortgage market

by Reporter • 25 Jul 2019
Variable mortgage rates have sunk to as low as 2.89 per cent, with the market continuing to take shape following... READ MORE

Fixed rate demand fell to eight-year low after RBA rate cut

by Reporter • 24 Jul 2019
The demand for fixed-rate mortgages dropped to an eight-year low in June this year, according to newly released... READ MORE

Aussies sitting on the fence as housing sentiment shifts

by Reporter • 24 Jul 2019
Recent political and economic developments have helped trigger a spike in property price sentiment, but fewer... READ MORE

More details of new SME business fund released

by Annie Kane • 24 Jul 2019
Those wishing to access the government’s new SME business fund will need to demonstrate that they are working towards... READ MORE

NAB revises home lending policy, undercuts big four peers

by Charbel Kadib • 23 Jul 2019
The major bank has updated its mortgage serviceability assessment policy, becoming the final big four bank to amend... READ MORE

Heritage Bank pulls CCI product

by Annie Kane • 23 Jul 2019
The non-major bank has temporarily ceased selling its consumer credit insurance product, as the CCI industry revises... READ MORE

Mutual bank drops interest rates

by Annie Kane • 23 Jul 2019
Teachers Mutual Bank has announced that it will drop its variable interest rates by up to 25 basis points for new and... READ MORE

Resimac bolsters third-party team

by Reporter • 23 Jul 2019
The non-bank has announced the appointment of four BDMs and the introduction of a new relationship management team, in... READ MORE

Mortgage Choice CEO backs clawback reforms

by Charbel Kadib • 22 Jul 2019
The brokerage CEO has called for a “more even sharing” of the loss incurred by brokers and lenders when a borrower... READ MORE

ING cuts commercial mortgage rates

by Reporter • 22 Jul 2019

The non-major has announced that it has reduced variable rates across its commercial mortgage products.

READ MORE
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