Powered by MOMENTUM MEDIA
Broker Daily logo

Lender

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 ...

Macquarie updates short-term outlook
15 September 2020
Macquarie updates short-term outlook

The financial services group has updated its short-term outlook, outlining that it currently anticipates its 1H21 result to be down 35 per cent.

Another big 4 launches no-interest credit card
14 September 2020
Another big 4 launches no-interest credit card

A second major bank has followed NAB in creating a new, no-interest payment card for customers, which will be available later in 2020.

Industry celebrates the leading Women in Finance
11 September 2020
Industry celebrates the leading Women in Finance

Members of the finance industry gathered virtually last night to celebrate the winners of the Women in Finance Awards 2020, run in partnership with AMP Bank.

NAB launches no-interest credit card
11 September 2020
NAB launches no-interest credit card

The major bank has introduced Australia’s “first” no-interest credit card in response to competition from burgeoning buy now, pay later services.

Standing out in SMSF lending
10 September 2020
Standing out in SMSF lending

Promoted by Your Manager Our passion for self-managed super fund lending has been with Your Manager managing director Rocco Massaria since 2008 when he first initially became involved ...

NSW borrowers flock to majors for refinancing
10 September 2020
NSW borrowers flock to majors for refinancing

The major banks were the winners of strong refinancing activity in NSW last month, the NSW Land Registry Services has found, taking 67 per cent of refinances.

Bank profits sink despite home lending surge
9 September 2020
Bank profits sink despite home lending surge

A spike in credit provisions has triggered a 23 per cent fall in the banking sector’s collective earnings, offset by a $25 billion increase in home loan settlements, the latest APRA data has ...