Feb 17 2016
An industry body has rushed to the defence of one of its members after they became a victim of regulatory action by ASIC.
Feb 15 2016
APRA chairman Wayne Byres has reaffirmed the prudential regulator’s stance on mortgage lending in a speech before the Senate Economics Legislation Committee in Canberra.
Feb 15 2016
Suncorp Bank says intermediaries helped the lender see 60 per cent of new home loan business originating outside its local market.
Feb 12 2016
The Commonwealth Bank’s $4.8 billion profit for the half year to December 2015 has been overshadowed by a $564 million loan impairment expense.
Feb 11 2016
Australia’s largest mortgage provider is seeing an increasing amount of new business from the third-party channel.
Feb 10 2016
An Australian lender forced to remove one of its loans from the market has defended the product and stressed that the group does not offer and has never offered ‘payday’ loans.
Feb 9 2016
An Australian lender has been fined by ASIC for overcharging its clients.
Feb 9 2016
Genworth Mortgage Insurance Australia has reported a 29.7 per cent decrease in statutory net profit after tax for the year ended 31 December 2015.
Feb 9 2016
ANZ has announced interest rate changes for some of its business lending products as a result of increasing regulatory and funding costs.
Feb 3 2016
National Australia Bank’s demerger of its UK subsidiaries has been approved by the Supreme Court of Victoria, following “overwhelming” support from shareholders.
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