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Nov 12 2018
Strengthening responsible lending obligations would “diminish the incentive for borrowers to ensure that they repay their loans on time”, which would lead to an increase in mortgage defaults ...
Nov 8 2018
The non-major bank’s mortgage book has increased by 4.5 per cent in the year to 30 September 2018.
Oct 30 2018
First home buyers have been “surging” back into the market, new research has shown, with lending to this segment at its highest level since 2010 and expected to continue, according to QBE
Oct 23 2018
Imminent lender 86 400 has signed an agreement with an open banking API specialist to power its platform.
Oct 22 2018
NAB CEO Andrew Thorburn has told parliamentarians that the bank dropped almost 7,000 mortgage introducers as part of an “overhaul” of its program.
Oct 19 2018
The Senate Standing Committee on Economics is set to review short-term credit providers, payday lenders, consumer lease providers, “buy now, pay later” providers and the need for potential ...
Oct 17 2018
National Australia Bank has announced that its cash earnings will be impacted by a total of $314 million as it refunds and compensates its customers over wealth advice issues.
Oct 16 2018
A federal MP has accused the major bank of striking agreements with the corporate regulator to avoid admitting wrongdoing.
Oct 16 2018
The major bank’s acting chief financial officer will permanently replace Rob Jesudason who resigned from the role in May.
Oct 12 2018
ASIC has announced that a former Commonwealth Bank mobile lender will stand trial for loan fraud conspiracy charges.
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