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CBA says interest rates ‘not a major factor’

CBA has downplayed recent rate hikes, highlighting that even with "small changes" home loan rates are still at record lows.

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Owner-occupier lending overtakes investor

CoreLogic RP Data has found that regulatory restrictions placed on finance for investment property have resulted in a sharp fall in the value of investor lending.

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Global challenges could mean lower interest rates: Kolenda

Subdued global economic growth could have a major influence on the Reserve Bank’s December cash rate decision, according to 1300HomeLoan managing director John Kolenda.

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Westpac completes retail shortfall bookbuild

Following its successful completion of a retail entitlement offer, Westpac has announced the completion of its retail shortfall bookbuild.

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Listed lender records 47% settlement growth

ASX-listed lender DirectMoney has reported monthly unsecured personal loan settlements of $1.15 million in October.

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Lender increases rates by up to 20 basis points

A listed Australian lender has increased rates on one of its mortgage products by 20 basis points in response to higher funding costs.

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Peer-to-peer lender joins ARCA

The Australian Retail Credit Association (ARCA) has welcomed peer-to-peer (P2P) lender MoneyPlace as its newest member.

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ANZ to repay customers $13 million

Around 20,000 ANZ customers will be compensated approximately $13 million after the bank failed to apply bonus interest to its Progress Saver accounts (PSAs).

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AMP Bank to re-enter SMSF lending space by year end

AMP Bank has revealed its SMSF lending plans after announcing that it will continue lending to property investors.

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Investment lending slumps in September

Demand for investor loans has dropped significantly since the introduction of differential pricing earlier this year.

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