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Owner-occupiers push ANZ into positive territory
3 October 2019
ANZ

The major bank has recorded its first monthly mortgage portfolio increase in 2019, thanks to a sharp uptick in owner-occupied volume, new APRA data has revealed.

NAB to take additional $1.18bn remediation hit
3 October 2019
mortgagebusiness

  The major bank has revealed that it will absorb a further $1.18 billion in remediation costs.

ANZ, Westpac drop variable mortgage rates
2 October 2019
ANZ, Westpac drop variable mortgage rates

The major banks have repriced their variable home loan products in response to the Reserve Bank’s latest cut to the cash rate.

Lenders begin to pass on RBA cut
2 October 2019
Lenders begin to pass on RBA cut

The market has responded to the Reserve Bank’s latest cut to the cash rate, with lenders passing on savings to mortgage customers.

Government commitment to stamp duty ‘baffling’
1 October 2019
Government commitment to stamp duty ‘baffling’

State governments have been urged to scrap stamp duty in light of new research, which has highlighted its impact on housing affordability.

NAB scraps fees in ‘clean-up program’
30 September 2019
NAB

National Australia Bank has announced that it is removing more than 100 fees from across its products and services, as part of a “fee clean-up program”.

Treasurer calls for ‘common sense’ in lending space
27 September 2019
Josh Frydenberg

Commonwealth Treasurer Josh Frydenberg has stressed the need for home lending practices that don’t curb the “aspirations of hard-working families” by further limiting access to credit

NAB supplies fintech with $57m loan facility
26 September 2019
NAB

A fintech lender has secured a $57-million warehouse facility from NAB, as part of the major bank’s commitment to supplementing the growth of “high-potential” start-ups.

Majors to hold off on further changes to serviceability rates
25 September 2019
NAB CBA Westpac ANZ

ANZ, the Commonwealth Bank and NAB have revealed that they have no immediate plans to lower their serviceability rates further, despite Westpac’s decision to revise its interest rate floor ...

LATEST PODCAST: The economics of mortgage broking
23 September 2019
LATEST PODCAST: The economics of mortgage broking

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market.