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ANZ says investor loans are ‘lower risk’

ANZ has questioned proposed capital changes to investor loans, saying it sees no evidence that home loans for property investment are riskier than owner-occupied mortgages.

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Lenders join rate cut chorus

Eleven lenders have joined NAB in reducing their mortgage rates after the Reserve Bank dropped the official cash rate to a record low 1.75 per cent.

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Westpac’s asset quality to ‘deteriorate’

Moody’s Investors Service says Westpac’s half-yearly results are “credit neutral”, but the major bank’s asset quality is likely to come under further pressure in the months ahead

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ANZ admits to difficulties over non-resident mortgages

ANZ chief executive Shayne Elliott has revealed why the group decided to change its lending criteria for non-residents.

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NAB slashes rates by 25 basis points

NAB will cut its variable home loan and business rates following today's cash rate decision by the Reserve Bank.

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ANZ profits fall 24%

ANZ has seen its profit plunge by 24 per cent as its CEO flags a “challenging period for banking”.

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Westpac boss warns of rising bad loans

Westpac CEO Brian Hartzer believes the group will see a further increase in delinquencies in the second half of 2016.

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Westpac tightens mortgage lending for foreign buyers

Westpac has become the third major bank to announce changes to its home lending criteria for foreign investors.

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Westpac announces significant lending changes

Westpac has decided to stop lending to one segment of the market following a review of its risk policies.

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P2P lender hits $1m in interest payments

A peer-to-peer lender has overseen $1 million in interest payments since its launch in October 2014.

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