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Borrower
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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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...
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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...
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‘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...
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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...
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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...
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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...
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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...
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