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

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

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...

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

ANZ has estimated that around 15,000 of its mortgage customers may not ever be able to resume repayments, due to...

The aggregation group has relaunched its MyCRM solution with a deeper integration with ApplyOnline to reduce pain points in the lodgement process...

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...

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

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

CoreLogic has appointed the former head of underwriting risk of Genworth as its new head of financial services solutions Australasia. ...

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...

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

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

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.