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More lenders open FHLDS (New Home) applications

More non-major lenders have announced that they have begun accepting applications for the First Home Loan Deposit Scheme (New Homes) from this week.

More lenders open FHLDS (New Home) applications
LATEST PODCAST: Consumer credit reforms and RBA action

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Consumer credit reforms and RBA action
Consultation launches on responsible lending changes

Treasury has launched a consultation on its proposed changes to responsible lending obligations, which aim to give lenders the flexibility to make decisions based on the characteristics of ...

Consultation launches on responsible lending changes
Digital lender rebrands, writes first loan

A fintech lender that launched in May has announced that it has rebranded to a new name and has refinanced its first home loan via mobile.

Digital lender rebrands, writes first loan
Calls for HomeBuilder extension as housing approvals rise

An industry body for the construction industry has attributed a jump in building approvals to the federal government’s HomeBuilder scheme and has called for an extension until 2021.

Calls for HomeBuilder extension as housing approvals rise
Plenti appoints new board member, chairman

The non-bank lender has appointed an independent non-executive director to its board, in addition to Mary Ploughman as chairman earlier this year.

Plenti appoints new board member, chairman
Westpac profits drop 66%

The major bank has seen its profits contract by two-thirds on last year’s figures, falling 66 per cent to $2.29 billion.

Westpac profits drop 66%
Major banks split on mortgage portfolio growth

For the third month in a row, ANZ and the CBA have recorded multibillion-dollar mortgage portfolio growth while the other two major banks have reported a contraction, APRA data has shown.

Major banks split on mortgage portfolio growth
Westpac extends CEO’s contract

The major bank’s board and its CEO have agreed to amend his contract to remove the two-year term.

Westpac extends CEO’s contract
US investment manager bids for AMP Limited

US-based global asset manager Ares Management has made a non-binding conditional proposal to bid for 100 per cent of AMP Ltd shares.

AMP receives bid offer from US asset manager
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