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LATEST PODCAST: What we expect to see happening in mortgages in 2019
7 January 2019
Mortgage Business Uncut

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

Federal Court reveals decision on Westpac case
7 January 2019
mortgagebusiness

The Federal Court has made a decision on a case more than two years after ASIC began proceedings against two Westpac subsidiaries for failing to comply with the best interests duty.

Neo-lender successfully closes crowdfunding campaign
28 December 2018
Neo-lender successfully closes crowdfunding campaign

A soon-to-be-launched blockchain mortgage lender has successfully closed its crowdfunding industry equity offer after having received $671,000 in share applications, largely from the broking ...

Challenger lenders weigh in on APRA’s halfway house
27 December 2018
mortgagebusiness

Since the release of APRA’s restricted licence for aspiring ADIs, a representative from the regulator said it has received a large number of applications from emerging firms with alternate ...

‘We got it wrong’: NAB, ANZ suffer first strike over pay
21 December 2018
‘We got it wrong’: NAB, ANZ suffer first strike over pay

Major banks NAB and ANZ have attracted first strikes as shareholders rejected their remuneration reports on Wednesday.

Major bank launches Alipay
21 December 2018
mortgagebusiness

A major bank has announced that its business customers will now be able to accept payments from Alipay users.

APRA flags commercial lending risks
21 December 2018
mortgagebusiness

The prudential regulator has identified risks in the commercial real estate lending space off the back of softening demand for property from local and foreign buyers.

Lender appoints new CEO - 2018
20 December 2018
Lender appoints new CEO - 2018

A non-major lender has announced the appointment of a new CEO following the retirement of its outgoing chief in July.

Rebound in IO lending ‘doubtful’ despite cap removal
20 December 2018
mortgagebusiness

APRA’s decision to scrap its interest-only benchmark is unlikely to persuade banks to up their intake of interest-only loans, according to AMP senior economist Shane Oliver.

Lenders commit to credit card lending reforms
19 December 2018
mortgagebusiness

The corporate regulator has revealed the changes being made by lenders to reform their credit card lending practices.