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NSW to offer interest-free loans in cladding removal project
20 November 2020
NSW to offer interest-free loans in cladding removal project

The NSW government has said that it will provide building owners with “high-risk combustible cladding” with access to interest-free loans solely for the use of rectifying combustible ...

Biggest issue for ASIC is lack of CEO
19 November 2020
Biggest issue for ASIC is lack of CEO

The leadership and governance structure of the financial services regulator was a key point of focus during a parliamentary hearing on Wednesday (18 November).

Neo-lender applies for RADI
19 November 2020
Neo-lender applies for RADI

Personal loan lender Alex has revealed that it has applied for a restricted authorised deposit-taking institution licence.

Joust appoints new head of sales, farewells co-founder
18 November 2020
Joust appoints new head of sales, farewells co-founder

The home loan auction marketplace has appointed a new head of sales to replace Mark Bevan, who has announced that he will step down from the company.

NAB partners with fintech lender
18 November 2020
NAB partners with fintech lender

The big four bank has announced a collaboration with a fintech lender that supports early stage start-ups with funding opportunities to kickstart their businesses.

1 in 5 prioritises ‘buy now, pay later’ payments
17 November 2020
1 in 5 prioritises ‘buy now, pay later’ payments

Twenty-two per cent of “buy now, pay later” customers have prioritised paying this debt off over loan repayments or bills.

Mortgage prisoner trap hinders refinance goals
17 November 2020
Mortgage prisoner trap hinders refinance goals

While a majority of mortgage-holders would like to switch lenders, many have become “mortgage prisoners” as a result of COVID-19, according to research.

Capital city clearance rates continue to rise
17 November 2020
Capital city clearance rates continue to rise

Clearance rates across major capital cities have once again risen, proving the continuous recovery of the property market following the COVID-19 outbreak.

Look beyond loan pricing, focus on brand: UBank
16 November 2020
Look beyond loan pricing, focus on brand: UBank

A digital bank has questioned the viability of lender cashback offers for borrowers and has argued for the need to offer a robust banking proposition beyond home lending.

Resimac reports drop in payment deferrals
16 November 2020
Resimac reports drop in payment deferrals

The non-bank lender has reported a significant decline in the number of customers on loan payment deferrals, and a slight rise in home loan AUM.