Borrower

default image

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... READ MORE
default image

‘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... READ MORE
default image

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... READ MORE
default image

AFM appoints new head of mortgage distribution

by Reporter • 17 Jul 2018
The mortgage manager has announced that it has appointed a former Future Financial and Better Choice Home... READ MORE
default image

IO borrowers increasingly turning to friends for finance

by Reporter • 12 Jul 2018
Interest-only mortgagors are generally wealthier and have a higher risk appetite than other mortgagors, but they are... READ MORE
default image

‘Impractical’ credit rules could victimise borrowers

by James Mitchell • 11 Jul 2018
A leading mortgage broker has warned that the increasingly impractical nature of bank credit decisions could be... READ MORE
default image

Bank grilled over seizure of farmer’s home

by Reporter • 29 Jun 2018
The financial services royal commission has revealed that the big four bank forced the sale of an intergenerational... READ MORE
default image

Investors abandon interest-only loans

by Reporter • 28 Jun 2018
New APRA data shows that at least half of all new investor borrowers are taking out loans with principal and interest... READ MORE
default image

ANZ sells SME banking business

by Reporter • 27 Jun 2018
The major bank has announced that it has entered into an agreement to sell its retail, commercial and small- to... READ MORE
default image

Businesses digging deep as bank fees soar

by • 22 Jun 2018
Businesses contributed a much larger proportion of fees to banks than households in 2017, the latest figures from the... READ MORE