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ACCC accuses majors of ‘synchronised’ revenue grab
12 December 2018
Putting money

APRA’s cap on interest-only lending served as a “convenient focal point” for the major banks to engage in “synchronised” mortgage pricing activity that undermined competition, the ACCC has ...

New housing finance body appoints inaugural CEO
12 December 2018
mortgagebusiness

The newly established National Housing Finance and Investment Corporation has announced the appointment of its inaugural chief executive officer.

Bank pulls high LVR home loan product
11 December 2018
mortgagebusiness

A bank has announced that it will no longer process home loan applications with loan-to-value ratios above 95 per cent in a bid to “rebalance its portfolio” amid strong demand for the ...

Neo-lender looks to become bank in 2019
11 December 2018
mortgagebusiness

A new digital lender has said it expects to receive its full banking licence in the first quarter of 2019 and will launch with deposits, followed by mortgages.

LATEST PODCAST: Changing faces and bank growth slowdown
10 December 2018
LATEST PODCAST: Changing faces and bank growth slowdown

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

AMP launches financial literacy platform
10 December 2018
mortgagebusiness

The financial services giant has announced the launch of a new website designed to serve as a “one-stop shop” for financial education.

Risks of tighter lending flagged by economists
6 December 2018
Money squeeze

Economists have issued a warning regarding the potential ramifications of stricter lending practices on the broader market.

New AMP CEO commences role
4 December 2018
New AMP CEO commences role

A new chief executive officer has stepped up to the helm of wealth giant AMP, stepping into the role that was temporarily filled by interim CEO Mike Wilkins.

Bank launches new loan agreement for parents
4 December 2018
mortgagebusiness

A mutual bank has launched a new shared equity agreement for parents acting as guarantor for their children, in a bid to address the “legal, financial and emotional challenges” of the ...

LATEST PODCAST: What the conclusion of the royal commission means for the mortgage sector
3 December 2018
Mortgage Business Uncut

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