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Non-bank cuts rate, offers deferred repayments

A commercial lender has reduced its rate on interest-only first mortgages by 25 basis points and launche...
September 30, 2020

A non-major bank has announced that it will withdraw its line of credit and interest in advance products.

September 08, 2020

Financial services professionals have been urged to participate in a new program designed to improve awareness of the challenges facing dementia sufferers.

September 08, 2020
Approximately 450,000 borrowers are approaching the expiry of their deferral arrangements, which are set to be reviewed over the coming weeks, the Australian Banking Association...
September 07, 2020

The third-party mortgage business has announced that it will undertake an on-market buyback of almost 9 per cent of its shares.   

September 07, 2020
ANZ has estimated that around 15,000 of its mortgage customers may not ever be able to resume repayments, due to...
September 07, 2020
The aggregation group has relaunched its MyCRM solution with a deeper integration with ApplyOnline to reduce pain points in the lodgement process...
September 07, 2020
Matt Comyn, the CEO of CBA, has revealed that the bank is holding a total of $6.4 billion for future credit losses off the back of the COVID-19 c...
September 06, 2020

The fintech lender has announced the launch of a secured vehicle finance product, which will be available through broker channels.

September 06, 2020

The big four bank has revised its serviceability policy, changing the way it assesses rental income and expenses for investment properties.

September 06, 2020
CoreLogic has appointed the former head of underwriting risk of Genworth as its new head of financial services solutions Australasia. ...
September 06, 2020
The best interests duty will be a “powerful ally” in the broking industry’s corner when it defends the utility of the existing remuneration model in 2022, according to MFA...
September 03, 2020

The small business ombudsman is calling for a government-funded revenue-contingent loan for SMEs following poor take-up of the SME Guarantee Scheme.

September 03, 2020

The major brokerage has made two additions to its compliance division ahead of the implementation of best interests duty for mortgage brokers.

September 03, 2020

The non-major lender’s loan book grew by 4.3 per cent to just over $3 billion in FY20, driven by strong broker flows and demand for the First Home Loan Deposit Scheme.

September 03, 2020
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meeting room Aggregator heads to consult with government over credit changes

Several leaders of aggregation groups have noted the government...

CBA ING ta CBA, ING slash variable rates ahead of touted RBA move

The lenders have reduced variable mortgage rates for both owner-o...

closed sign Government announces small-business insolvency reforms

The federal government has announced a range of small-business in...

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