Dec 20 2018
APRA’s decision to scrap its interest-only benchmark is unlikely to persuade banks to up their intake of interest-only loans, according to AMP senior economist Shane Oliver.
Dec 19 2018
The corporate regulator has revealed the changes being made by lenders to reform their credit card lending practices.
Dec 14 2018
The chief lending officer of a credit provider has sought to refute the “myths” associated with non-bank lending amid concerns raised by financial regulators.
Dec 14 2018
A loans and deposits marketplace has announced that it has secured capital investment from Lakeba Group.
Dec 13 2018
The decline in the banks’ risk appetite has been highlighted by the latest statistics from APRA, with low-deposit, low-doc and interest-only lending falling sharply.
Dec 13 2018
Stricter credit criteria imposed by the banks off the back of regulatory scrutiny has inhibited prospective home buyers from taking risks at auctions, according to ANZ Research.
Dec 13 2018
The major bank has revealed that it will fork out an additional $220 million in costs associated with its mis-selling of insurance products, the demerger of its mortgage broking and wealth ...
Dec 12 2018
APRA’s cap on interest-only lending served as a “convenient focal point” for the major banks to engage in “synchronised” mortgage pricing activity that undermined competition, the ACCC has ...
Dec 11 2018
A new digital lender has said it expects to receive its full banking licence in the first quarter of 2019 and will launch with deposits, followed by mortgages.
Dec 6 2018
Economists have issued a warning regarding the potential ramifications of stricter lending practices on the broader market.
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!