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Jun 15 2022
Banks will need to include buy now, pay later and higher education debts when reporting debt-to-income ratios to the regulator from September, APRA has said.
Jun 14 2022
While supply chain issues and insolvency risks have eaten away at banks’ appetites for construction lending, non-bank lenders are expected to fill the gap.
Jun 13 2022
There has been a significant uptick in customers switching lenders, with refinance volumes across states being as much as 26.7 per cent higher over May.
Jun 10 2022
The banking group has named two executives to oversee its commodities and environmental markets as it aims to expand its sustainability strategy.
Jun 9 2022
Bank Australia has announced it will provide discounts on newer homes with an energy rating of more than 7.5 stars, as interest rate hikes sting borrowers.
Jun 8 2022
The big four banks have all announced that they will increase home loan variable interest rates by 0.50 per cent per annum for new and existing customers.
Jun 8 2022
The ASX-listed mortgage lender has announced plans to diversify into commercial lending and overhaul its technology offering.
Jun 7 2022
ANZ’s retail head has revealed there are more than 1,300 obligations the bank must clear before approving an average mortgage – but many are still assessed by hand.
Jun 6 2022
The non-bank lender has raised $300 million for its first social bond, which will finance loans that deliver positive social outcomes.
Jun 3 2022
The results of Momentum Intelligence’s 2022 Third-Party Lending survey of residential mortgage brokers have been released, revealing which lenders are the best-performing in the third-party ...
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