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Borrower
Westpac relied on car dealers for loan verification
by Reporter • 23 Mar 2018
The major bank has admitted to the royal commission that it did not undertake verification checks for loan applications...
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Commissioner suggests trail could be paid to borrowers
by Reporter • 22 Mar 2018
The chairman of the Productivity Commission has restated his concern regarding the payment of trail commission, warning...
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Major banks to make changes to SME loan contracts
by Reporter • 16 Mar 2018
The big four banks are set to implement small business loan contract reforms, following a regulatory investigation into...
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Taxing property investors ‘not the answer’, says HIA
by Sasha Karen • 14 Mar 2018
Figures from the property industry have argued that taxing investors is not the answer to Australia’s housing...
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RBA highlights competition in mortgage market
by Reporter • 14 Mar 2018
Strong growth in the issuance of residential mortgages has been driven by non-major and non-bank lenders, according to...
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First home buyers undeterred by rising mortgage pressures
by Reporter • 12 Mar 2018
First home buyers have been active in the property market, despite a rise in mortgage repayments in proportion to...
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RBA announces rate decision for March 2018
by Reporter • 6 Mar 2018
The Reserve Bank of Australia has announced its cash rate decision for March following its monthly board meeting.
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AFG banking on new commercial platform
by Annie Kane and James Mitchell • 1 Mar 2018
The major aggregator believes that its latest platform will allow a greater number of mortgage brokers to seize...
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YBR settlements drop by 2%
by Reporter • 27 Feb 2018
The brokerage has announced its results for the first half of the financial year, revealing that although profits...
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Bluestone Mortgages Asia Pacific acquired by US firm
by Reporter • 27 Feb 2018
Private investment firm Cerberus Capital Management, L.P. has acquired specialist lender Bluestone Mortgages Asia...
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