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FHBs the focus of radical new plan by lender

A lender that specialises in helping struggling borrowers has proposed that federal funding and lending should be used to help Australians into home ownership.

mortgagebusiness
ANZ welcomes retail life insurance reforms

ANZ has backed the proposed reform package that seeks to improve Australia’s retail life insurance and financial advice industry.

mortgagebusiness
P2P lender considers stock market listing

ThinCats Australia is weighing up listing on the ASX as it pursues growth opportunities.

mortgagebusiness
Investor lending caps a case of history repeating

APRA's crackdown on investor lending is a return to prudential policy of the past, according to AMP Capital.

mortgagebusiness
NAB non-exec director set to retire

NAB has announced the retirement of John Waller as a non-executive director of the bank and chairman of the Bank of New Zealand (BNZ), effective on 31 July.

mortgagebusiness
NAB names Flavell replacement

NAB has announced a new executive general manager, wealth advice, following John Flavell’s departure to take the reins as chief executive of Mortgage Choice.

mortgagebusiness
The lowdown on the banks’ changes to investor lending rules

As Australian banks seek to slow down growth in investor lending, their changes are likely to be entirely dependent on the regulator.

Kara Ordway
Suncorp moved to pre-empt APRA crackdown

Suncorp Bank has revealed it started removing risk from its loan book two years ago, having anticipated a harsher approach from APRA may be forthcoming.

mortgagebusiness
Westpac to sell down stake in investment firm

Westpac has announced it will reduce its stake in one of its wealth management subsidiaries, generating as much as $700 million from the transaction.

mortgagebusiness
Investor pricing action not positive, says non-bank

Separate pricing for investors is a negative thing, even though it is expected to lead to more business from third party distributors, says one non-bank lender.

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