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Lender pauses lending to 90% LVR loans
24 September 2020
Lender pauses lending to 90% LVR loans

A non-major lender has announced that it has temporarily ceased accepting new loan applications with loan-to-value ratios over 90 per cent as part of a move to clear a backlog of loans.

COVID’s impact on housing ‘benign’, says lender CIO
22 September 2020
COVID’s impact on housing ‘benign’, says lender CIO

La Trobe Financial’s chief investment officer has suggested that while Australia is suffering from a “molasses” economy due to COVID-19, the impact on the housing market has been “benign”

Younger cohort struggle with finances: survey
22 September 2020
Younger cohort struggle with finances: survey

Almost three-quarters of Millennials have admitted that they struggle to prioritise their financial wellbeing because thinking about money makes them anxious, according to research.

LATEST PODCAST: How lenders are viewing the property price outlook
21 September 2020
LATEST PODCAST: How lenders are viewing the property price outlook

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Lender resumes lending to hardest-hit industries
21 September 2020
Lender resumes lending to hardest-hit industries

Bluestone has announced that it will resume lending to some of the industries hardest hit by COVID-19, following a six-month hiatus.

Finance sector bucks national job ads trend
21 September 2020
Finance sector bucks national job ads trend

Banking and finance has been named as one of the sectors with the highest monthly job ad growth, but job ads overall have fallen by almost 30 per cent year-on-year.

Business lender appoints CFO
18 September 2020
Business lender appoints CFO

The non-bank lender has announced the appointment of a chief financial officer after the previous CFO stepped down from his role in March.

Aussie refinancers opt for split mortgage
17 September 2020
Aussie refinancers opt for split mortgage

One in five Australians would opt for a split mortgage if they were to refinance, while the younger cohort most value flexibility, according to new research.

Credit union records resi lending growth
16 September 2020
Credit union records resi lending growth

The credit union’s full-year results have revealed that growth in its total loan book has boosted its net profit before tax.

Suncorp overhauls serviceability policy
16 September 2020
Suncorp overhauls serviceability policy

The non-major bank has introduced several changes to its income policy for mortgage serviceability assessments, which include revisions to income shading rules and the exclusion of bonus ...