Powered by MOMENTUM MEDIA
Mortgage business logo

Lender

ASIC wins appeal against Westpac Group

The corporate watchdog has successfully appealed the Federal Court’s decision in relation to its dispute with Westpac regarding the meaning of “personal advice”.

ASIC
Lender secures $50m NAB-funded warehouse facility

A personal loan provider has announced the completion of an initial debt warehouse program funded by NAB, which could be worth up to $200 million.

Cash
Housing on the ‘rebound’: ANZ Research

The turnaround in housing price growth, particularly in Sydney and Melbourne, is expected to continue to “rise strongly” until the end of the year, ANZ Research has suggested.

mortgagebusiness
Treasurer ‘jawboning’ banks to ‘lower lending standards’

Finance Minister Matthias Cormann has rejected claims that there has been a “concerted push” from Treasurer Josh Frydenberg to “lower lending standards” in a bid to stimulate the economy

Matthias Cormann and Peter Whish-Wilson
Bank profits bolstered by above-system lending growth

A mutual bank has released its results for the 2019 financial year, reporting 2.5 times system lending growth.

Cash
BOQ CEO resolves to overhaul lending process

The newly instated BOQ CEO has committed to revamping the bank’s home lending business amid a “disappointing” FY19 result.

Bank of Queensland
Investment lending commitments on the rise

The value of home loans taken out by investors has increased 11.6 per cent in the three months ending August 2019, according to a CoreLogic analysis.

Investment lending
ANZ, IOOF renegotiate OnePath price

The major bank has negotiated a new price for the sale of its wealth business. 

mortgagebusiness
Westpac CEO hits back at critics, defends rate decisions

Suggestions that the big banks ignore the best interests of mortgage customers when pricing home loans is “just not supported by the facts”, Westpac CEO Brian Hartzer has said in response to ...

Brian Hartzer
New NAB board member named

NAB’s outgoing chairman Dr Ken Henry has announced the appointment of former Reserve Bank of Australia board member Kathryn Fagg as a non-executive director.

Kathryn Fagg
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph