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Brokerage aims to make commercial lending more transparent

One of Australia’s largest consumer vehicle and asset finance brokerages has introduced a new product initiative to provide “much needed transparency” to the commercial lending sector

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Group home loans and syndicates on the rise, says CBA

The nation’s largest mortgage lender believes the way Australians buy a home could change drastically over the next 15 years, as more people team up to split the cost of servicing a mortgage

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ASIC announces payday lending changes

Following an independent review of payday lending laws, ASIC has taken steps to ensure consumers are not charged direct debit fees when taking out a small amount loan.

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Major bank pulls back on mortgage lending

One of the big four banks has said that it will be “more cautious” on lending, after raising concerns over the longevity of strong house price growth and rising underemployment.

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Lender’s self-employed mortgages rise by more than a third

A specialist lender has revealed that the burgeoning small and medium-sized enterprise market has boosted its business recently, after the number of its self-employed mortgages rose by more ...

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CBA renews LMI deal

Genworth will continue to be the exclusive mortgage insurer for CBA after the bank yesterday renewed its contract with the LMI group for another three years.

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ANZ to sell its Australian wealth business

The big four bank has today announced plans to offload its wealth business in Australia and New Zealand after concluding that the group “does not need to be a manufacturer of life and ...

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NAB recruits 338 brokers in 12 months

The major bank has has grown its broker force by 8 per cent over the year to 30 September as third-party volumes approach $100 billion.

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Non-bank lender appoints new director

Non-bank lender Liberty has appointed senior executive and experienced director, Leona Murphy, to the board to support the continued growth of the business.

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Analysis: Is APRA about to curb lending again?

By all accounts, the prudential regulator has been happy with the impact of its 2014 lending curbs. But a number of recent announcements suggest a further crackdown could be on its way.

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