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Borrowers flocking to fixed rates amid rate hikes
by Reporter • 17 Aug 2018
Mortgage holders are increasingly looking to lock in a fixed rate to avoid further out-of-cycle interest rate hikes,...
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Westpac commits $100m in ‘discounted’ loans to agribusinesses
by Tas Bindi • 10 Aug 2018
The major bank has announced its commitment to disburse $100 million in loans to eligible drought-affected agribusiness...
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Calls for more housing as population surpasses 25m
by Reporter • 8 Aug 2018
As Australia’s population surpasses the 25 million milestone for the first time, the Housing Industry Association has...
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Suncorp updates SME loan terms
by Tas Bindi • 3 Aug 2018
The non-major bank has made changes to its small business loan terms in a bid to make them “fairer”, while also...
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Ombudsman ‘disappointed’ with SME definition in new banking code
by Reporter • 3 Aug 2018
The Small Business Ombudsman is “disappointed” with the definition of an SME loan facility in the new Code of...
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Victorians continue to lead variable rate mortgage drive
by Reporter • 2 Aug 2018
Mortgagors in Victoria are continuing to drive demand for variable rate home loans, while Western Australians are...
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Credit squeeze flagged as greatest threat to business growth
by Reporter • 2 Aug 2018
Australian businesses have flagged the lending crackdown as the greatest risk to growth, according to new research.
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PC weighs in on impacts of open banking on SMEs
by Reporter • 27 Jul 2018
Open banking may lead to a dependence on “hard data”, which would prompt some lenders to invest more in customer...
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‘Keep an eye on Australia’s mini credit crunch’: Deloitte
by James Mitchell • 23 Jul 2018
A new report from the professional services giant warns that tighter credit could create problems for NSW and...
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Regional bank asks APRA to change agribusiness standards
by Tas Bindi • 19 Jul 2018
Bendigo and Adelaide Bank has called on the prudential regulator to amend standards around agribusiness lending to...
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