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Borrower
Planners ‘warmly welcome’ PC call to broaden credit advice
by Reporter • 21 Aug 2018
A financial planning industry association has “warmly welcomed” the Productivity Commission’s recommendation to...
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Board changes for mortgage insurer
by Reporter • 20 Aug 2018
Genworth has announced that two of its board members are to retire at the end of the month, with a former GM of MLC and...
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Tightening of credit ‘not an overreaction’: RBA
by Reporter • 17 Aug 2018
The governor of the Reserve Bank of Australia has conceded that the royal commission has affected the supply of credit,...
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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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