Lender

Jun 13 2017

Gail Kelly, the former Westpac chief executive, has been appointed to the board of Australian Philanthropic Services (APS), a not-for-profit organisation that inspires and supports effective ...

Jun 9 2017

The big four bank has today announced that its variable interest-only home loan rates for investors and owner-occupiers will increase 30 basis points in response to regulatory and market ...

Jun 7 2017

The big four bank believes nationwide house price growth has peaked and expects tighter borrowing conditions and out-of-cycle rate hikes to weigh on property markets.

Jun 6 2017

Effective for applications received from today, a non-major lender will no longer offer owner-occupier fixed rate loans with interest-only repayments.

Jun 2 2017

A non-major bank has increased the variable interest rate on owner-occupier home loans by 76 basis points, effective immediately.

Jun 1 2017

Customers of an Australian mutual bank will have to take out two loans to cover their mortgage if they want to make interest-only repayments, following changes brought in this week.

Jun 1 2017

CoreLogic has stressed that there is “a lot more work to do” for ADIs in the IO lending space, although the latest figures from APRA show a year-on-year slowdown in investment and ...

May 31 2017

The corporate regulator has proposed a number of new initiatives designed to trial RegTech capabilities and identify possible implementation challenges, including the creation of an industry ...

May 31 2017

New data has found that, while NSW remains Australia’s housing “hotspot”, regional Australia is also giving a “strong showing”.