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ANZ suspends mortgage protection insurance offering
20 April 2020
ANZ suspends mortgage protection insurance offering

The major bank will no longer process applications for mortgage protection insurance from both new and existing customers.

Big four outmuscle non-majors in mortgage space
16 April 2020
Big four outmuscle non-majors in mortgage space

The major banks have regained lost ground in the home lending market, consolidating their positions ahead of the economic blow dealt by the coronavirus outbreak.

Westpac sets aside $900m for AUSTRAC proceedings
15 April 2020
Westpac

The major bank is making provisions for a $900-million penalty in its AUSTRAC case, but has not yet accounted for loan impairment provisions due to COVID-19.

LATEST PODCAST: Lenders revise their risk appetites
14 April 2020
LATEST PODCAST: Lenders revise their risk appetites

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

Responsible lending not a barrier to switching loans to IO: ASIC
9 April 2020
Responsible lending not a barrier to switching loans to IO: ASIC

The corporate regulator has confirmed that responsible lending obligations are not a barrier to making variations from P&I to IO terms if consumers want to reduce their repayments in the ...

Lending ‘momentum’ offsets dip in BOQ earnings
9 April 2020
BOQ

The non-major has continued to recover lost ground in the home lending space. However, a rise in interest income has not been enough to prevent the bank from recording a slide in cash ...

Commercial rent relief code revealed
8 April 2020
Commercial rent relief code revealed

The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing financial hardship amid COVID-19.

LATEST PODCAST: Managing the influx of COVID-19-related loans
6 April 2020
LATEST PODCAST: Managing the influx of COVID-19-related loans

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

Senator calls on lenders to convert loans to IO
6 April 2020
Senator calls on lenders to convert loans to IO

Liberal senator for WA, Dean Smith, is calling on lenders to convert principal and interest home loans for investors into interest-only repayments during the COVID-19 pandemic, to act as ...

ANZ executive reappointed to Takeovers Panel
3 April 2020
ANZ executive reappointed to Takeovers Panel

The federal government has announced several changes to the Takeovers Panel, which include the reappointment of an ANZ executive and the appointment of Macquarie Group executive.