Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

Brokers help deliver growth for supply chain lender
by Annie Kane • 8 Aug 2019
The third-party channel has “undoubtedly” assisted supply chain lender Octet deliver more than 500 per cent growth... READ MORE

Credit scrutiny tougher on broker-originated loans
by Tas Bindi • 7 Aug 2019
There is a “widening gap” between the funding that could potentially be obtained by borrowers who approach banks... READ MORE
Citibank

Citi joins peers in lowering serviceability floor rate

by Tas Bindi • 7 Aug 2019
Citi is the latest lender to amend its credit policy in response to APRA’s revised home lending guidance.  READ MORE
ME Bank

ME Bank lowers fixed rates by 40 bps
by Hannah Dowling • 7 Aug 2019
The non-major bank has reduced the fixed rates for its three-year fixed home loan to a historic low for the bank. READ MORE

RBA announces cash rate

by Charbel Kadib • 6 Aug 2019
The Reserve Bank has unveiled its cash rate for the month of August following its monetary policy board meeting. READ MORE
Mortgage

APRA changes to put ‘pendulum back in broker’s court’
by Tas Bindi • 6 Aug 2019
APRA’s revised mortgage serviceability guidance will “put the pendulum back in the broker’s court”, according... READ MORE
Happy first home buyers

Brokers foresee more FHB confidence after RBA cuts
by Hannah Dowling • 6 Aug 2019
Recent cuts to the official cash rate has produced a wave of confidence in the housing market. The Adviser asked the... READ MORE
Sam Arthurs

Regional broker sees influx of investors and FHBs
by Hannah Dowling • 6 Aug 2019
Award-winning regional broker Sam Arthurs has seen a keen interest in Warrnambool from investors and first home buyers... READ MORE

Personal lender launches tech hub in WA
by Hannah Dowling • 6 Aug 2019
Personal lender Fair Go Finance has launched a tech hub in Mandurah, Western Australia, in an effort to drive... READ MORE
Josh Frydenberg

New inquiry into financial services sector launched
by Charbel Kadib • 5 Aug 2019
The federal government has expanded the remit of the House of Representatives standing committee on economics in order... READ MORE

Career advice from the leading women in finance
by Annie Kane • 5 Aug 2019
We asked the winners of the Women in Finance Awards 2019 to share their top pieces of career advice to help others... READ MORE
Sydney CBD

Commercial lending ‘momentum’ boosts N1’s cash inflow
by Reporter • 5 Aug 2019
The ASX-listed financial and property services firm has reported a 76 per cent increase in net operating cash inflow in... READ MORE
Suncorp

Suncorp drops fixed rates
by Reporter • 5 Aug 2019
The non-major lender has reduced fixed rates across its owner-occupied and investment home loan offerings. READ MORE

Women in Finance Awards 2019: The winners revealed!
by Annie Kane • 2 Aug 2019
The winners of the Women in Finance Awards 2019 have been crowned, with several representatives from the mortgage... READ MORE
Macquarie building

Macquarie’s mortgage growth doubles in tandem with broker share
by Charbel Kadib • 2 Aug 2019
A doubling of Macquarie’s presence in the third-party space has coincided with a doubling in its mortgage... READ MORE
ME Bank

ME revises serviceability and LVR policies
by Reporter • 2 Aug 2019
ME Bank has made changes to its credit policy in response to APRA’s revised home lending guidance. READ MORE
Heritage Bank

Heritage Bank cuts mortgage rates by up to 30 bps
by Reporter • 2 Aug 2019
The customer-owned bank has announced cutting the interest rates on a range of its variable and fixed rate home... READ MORE

Non-bank lender rolls out broker offer
by Reporter • 2 Aug 2019
Pepper Money has launched a new offer for brokers and their prime and near-prime customers. READ MORE

Feedback sought on new expenses standard

by Annie Kane • 1 Aug 2019
LIXI is calling on the lending and mortgage industry to provide feedback on its new living expense category changes,... READ MORE

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
Bank of Queensland

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