Jul 11 2018
The ratings agency has endorsed a proposal by ASIC to impose credit card lending limits designed to reduce debt risks and improve lending standards.
Jul 11 2018
The Commonwealth Bank of Australia has agreed to pay $15 million to the benefit of the community and $5 million in legal costs for “ attempting to engage in unconscionable conduct” in ...
Jul 11 2018
Increased lending restrictions and higher interest rates have been the catalysts of change in local investor sentiment and are set to cap housing price growth nationwide, according to a new ...
Jul 10 2018
NAB has set up a $50 million special purpose vehicle with SME lender GetCapital to help fund more loans to small business.
Jul 10 2018
A Deloitte partner has warned that comprehensive credit reporting and open banking could have broader implications for higher-risk customers and the strategic options for those that lend to ...
Jul 9 2018
The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.
Jul 9 2018
The counsel assisting the financial services royal commission has alleged that ANZ may have engaged in eight instances of misconduct and several instances of conduct falling below community ...
Jul 9 2018
One of the latest cases to be heard in the banking royal commission is that of an Indigenous Australian customer who was charged fees she could not afford for an ANZ bank account she had not ...
Jul 6 2018
A marketplace lender has seen personal loan originations double in the second half of the financial year as it broadens its reach across the broker channel.
Jul 6 2018
Prudential policy decisions, a 50 per cent hike in servicing costs, a falling property market and “cherry-picking” clients are some of the main concerns for the mortgage industry’s decision ...
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