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APRA looks to amend mortgage lending guidance
21 May 2019
APRA looks to amend mortgage lending guidance

The prudential regulator is looking at revising its guidance on the serviceability assessments that banks perform on residential mortgage loan applications, giving them greater flexibility ...

LATEST PODCAST: How the mortgage sector will be impacted by the federal election
20 May 2019
Mortgage Business, Podcast

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

Responsible lending conversation ‘overhyped’: ASIC chair
20 May 2019
Responsible lending conversation ‘overhyped’: ASIC chair

The change in the credit environment following the banking royal commission is not a result of any change in law or regulatory intervention, ASIC chair James Shipton has said, adding that he ...

APRA grants banking licence to foreign lender
17 May 2019
APRA

The prudential regulator has granted a foreign ADI licence to a France-based lender.  

APRA accused of providing lending ‘fillip’ to majors
15 May 2019
Westpac CBA NAB ANZ

The prudential regulator has “downplayed” and “dismissed” competition risks associated with its regulatory reforms, according to a new report.  

Swinburne and Bendigo co-develop fintech degree
15 May 2019
Swinburne University

Swinburne University of Technology and Bendigo and Adelaide Bank have teamed up to create a degree focused on financial technologies.

CBA CEO denies plans for ‘large-scale’ branch culling
14 May 2019
Commonwealth Bank of Australia

The branch network continues to play a “critical” role in distributing home loans and gathering deposits, Commonwealth Bank chief executive Matt Comyn has said, in response to reports that ...

Suncorp posts 3Q mortgage contraction
9 May 2019
Suncorp building

The non-major bank’s home loan portfolio has contracted over the past quarter, continuing a trend of slower mortgage growth.  

N1 Holdings secures $10m commercial lending war chest
9 May 2019
Cash

The property services firm has announced that it has secured $10 million in capital to fund its commercial lending activities.

Margin squeeze to persist as majors tackle credit ‘headwinds’
8 May 2019
Westpac CBA NAB ANZ

The big four banks have collectively reported a 12 per cent hit to their underlying profits, with “headwinds” expected to persist amid continued weakness in the credit space, according to an ...