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Heritage CEO warns of ‘buy now, pay later’ perils
27 November 2020
Heritage CEO warns of ‘buy now, pay later’ perils

While launching a new credit card offer, the CEO of a mutual bank has warned of the potential perils of “buy now, pay later” offerings.

Westpac Group cuts fixed rates
26 November 2020
Westpac Group cuts fixed rates

Westpac and its subsidiaries have reduced its owner-occupied and investment property fixed home loan rates, effective 24 November.

Mutual bank appoints two new directors
26 November 2020
Mutual bank appoints two new directors

Defence Bank has appointed two new board directors and announced the retirement of long-term director Lieutenant Colonel Craig Madden.

Private lending trend analysis: residual stock
25 November 2020
Private lending trend analysis: residual stock

The director of private commercial lender Semper, Andrew Way, reveals there has been a noticeable increase in applications for residual stock loans during the third quarter and why he sees ...

Reverse mortgage lenders highlight ‘solution’ to retirement income
25 November 2020
mortgagebusiness

Following the release of the Retirement Income Review, two reverse mortgage lenders have emphasised how these products could provide Australians with more money in retirement.

FinTech Australia teams with Newcastle Permanent
25 November 2020
FinTech Australia teams with Newcastle Permanent

The industry body has signed on customer-owned financial institution Newcastle Permanent as a partner.

MORTGAGE AND FINANCE LEADER: Responsible Lending - what could lie ahead for lenders, brokers and borrowers?
24 November 2020
Mario Rehayem

Mortgage and Finance Leader gives you a unique insight into the mindset of the most influential figures in Australia's $2 trillion mortgage industry.

Should retirees be encouraged to draw down on their home equity?
24 November 2020
Should retirees be encouraged to draw down on their home equity?

A “more optimal” retirement income system would involve retirees “more effectively” drawing on home equity to fund their standard of living in retirement, a government review has found

Brokers continue to flock to non-major lenders
24 November 2020
Brokers continue to flock to non-major lenders

Non-major lenders continue to be the more highly rated lenders used by brokers for both turnaround times and policy, according to the latest Broker Pulse survey.

Self-employed shut out from home loan deals: Pepper
24 November 2020
Self-employed shut out from home loan deals: Pepper

Self-employed borrowers have been unable to access many current lender home loan promotions due to the stringent criteria, according to one lender.