Lender

Jun 24 2019

The share of new loans approved with an LVR grater than 80 per cent has increased, despite continued tightening in lending standards, according to a new analysis of APRA data.

Jun 21 2019

The major bank has reversed its decision to ease its mortgage serviceability policy, just hours after confirming it would go ahead with the changes. 

Jun 21 2019

A big four bank has eased its serviceability requirements for low-risk home loan customers, in a move that would provide its credit officers with the power to “override” serviceability ...

Jun 21 2019

The major bank has pledged $2 billion in funding over five years for emerging technology companies in Australia.

Jun 20 2019

The financial services regulator's ‘why not litigate’ strategy, as recommended in the final royal commission report, has been misconstrued as ‘litigate first’, an ASIC commissioner has siad

Jun 19 2019

The Reserve Bank has pointed to new research suggesting that tighter lending standards have improved financial stability in the mortgage market.

Jun 18 2019

A new acting CEO of ANZ New Zealand has been appointed to replace David Hisco, who has been embroiled in allegations of mischaracterising personal expenses.

Jun 14 2019

The Commonwealth Bank has announced the sale of its financial advisory business for $2.5 million. 

Jun 13 2019

The prudential regulator has insisted that it has considered competition risks in the mortgage market when formulating proposed changes to the capital framework in the banking sector.