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A Queensland Small Business Commissioner will be appointed to give small businesses a single point of contact for leasing disputes during recovery from the impact of COVID-19.
The current crisis should be used as an opportunity for lenders to overhaul their processing platforms and embrace new technology, according to fintech NextGen.Net.
The major bank has released new guidance for its first-half 2020 earnings result, realising over $1 billion in new charges relating to customer remediation, software capitalisation, and a ...
The non-major lender has launched an unsecured credit product tailored to SME customers impacted by COVID-19.
The major bank will no longer process applications for mortgage protection insurance from both new and existing customers.
The major banks have regained lost ground in the home lending market, consolidating their positions ahead of the economic blow dealt by the coronavirus outbreak.
The major bank is making provisions for a $900-million penalty in its AUSTRAC case, but has not yet accounted for loan impairment provisions due to COVID-19.
The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.
The corporate regulator has confirmed that responsible lending obligations are not a barrier to making variations from P&I to IO terms if consumers want to reduce their repayments in the ...