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Online lender makes second round of rate cuts

Loans.com.au has reduced interest rates on its fixed home loan products for the second time this month amid speculation that the Reserve Bank could cut the cash rate again in March.

mortgagebusiness
NAB: 'We didn’t get it right the first time'

National Australia Bank has admitted compensating more than 750 financial planning customers up to $15 million over the past five years.

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Govt keeping 'an open mind' on SMSF lending

Assistant treasurer Josh Frydenberg has given insight into areas the government may be exploring as it assesses the Financial System Inquiry's recommendation to ban borrowing in super.

mortgagebusiness
Non-bank lenders need to get on the front foot

I’m a big fan of non-bank lenders – and I’m sure more people would use them if they understood just how superior they are to banks.

Nathan Daniell, non-bank lenders, mortgage brokers
RBA to assess impact of APRA lending guidance

The Reserve Bank of Australia has emphasised its “careful monitoring” of the Australian lending landscape by assessing the impact of APRA’s lending guidance.

mortgagebusiness
Lenders to benefit from new Veda service

Australia and New Zealand’s largest credit reference agency has launched a new service designed to support lenders in assessing the risk profile of customers applying for a loan.

mortgagebusiness
ANZ boss acknowledges 'tougher' environment

ANZ has delivered an unaudited cash profit of $1.79 billion for the three months to 31 December 2014.

mortgagebusiness
CBA reveals home loan digitisation plans

The Commonwealth Bank of Australia has spoken out about its plans to harness the power of digital to improve mortgage origination.

mortgagebusiness
Specialist lenders underutilised: poll

A Mortgage Business poll has found that more than 20 per cent of readers do not use specialist lenders.

mortgagebusiness
Suncorp posts 15 per cent profit growth

Suncorp Group has posted a net profit after tax of $631 million for the six months to 31 December 2014.

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