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Mortgage industry forum preparing policy solutions
by Reporter • 4 Sep 2017
Members of the mortgage broking and banking industries have formed six working groups to help prepare policy solutions...
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Challenger bank working on commercial turnaround times
by Reporter • 1 Sep 2017
ING DIRECT has revealed that it is working on shortening turnaround times for priority commercial mortgages, but...
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Loan Market challenges borrowers’ ‘blind loyalty’ to banks
by Lucy Dean • 30 Aug 2017
Rural customers often have “blind loyalty” to one lender, so brokers need to “keep the banks honest”, Loan...
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‘Limited’ recourse for borrowers once mortgage discharged
by Lucy Dean • 29 Aug 2017
Borrowers have limited rights against a lender once their mortgage has been discharged, the Supreme Court of New South...
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Major banks abolish unfair SME contract terms
by Lucy Dean • 24 Aug 2017
The Family Enterprise Ombudsman has called the big four banks’ decision to eliminate unfair terms from small business...
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More investors sacrificing lifestyle to buy property
by Julianne Leybag • 16 Aug 2017
New research shows that more Australian investors are choosing to sacrifice their lifestyle in order to buy...
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Australia Post 'excited' about the mortgages market
by Reporter • 16 Aug 2017
The postal services company has revealed that it is “excited about the mortgages space” and is in talks with the...
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'We have done enough' on mortgage curbs, says RBA
by James Mitchell • 11 Aug 2017
The Reserve Bank governor has told a parliamentary hearing about Australia’s “problematic” relationship and...
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Asian banks lead foreign share of business loan approvals
by Lucy Dean • 11 Aug 2017
The share of business loan approvals owned by foreign banks has been “fairly high” thanks to Asian banks’ growing...
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Commercial funder banking on ‘old-fashioned’ service
by James Mitchell • 4 Aug 2017
In an era where digital channels and fintech are shaping the future of financial services, one non-bank lender is...
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