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Owner-occupiers spur improvement in arrears

National home loan delinquencies have improved, with only three states reporting arrears increases, according to the latest data from S&a...
December 12, 2019
There is no evidence to suggest that ASIC’s responsible lending guidance has increased processing times and rejection rates for credit applications, according to commissioner ...
November 14, 2019

Data released by Aussie Home Loans has revealed an increase in both first home buyer enquiries and applications during October.

November 14, 2019
The non-bank has released its results for the 2019 financial year, reporting a $2.5-billion increase in its loan portfolio, supported by the “power of Liberty’s distribution...
November 14, 2019
Melbourne-based brokerage eSelect has merged operations with financial services provider UFinancial as part of a new succession planning model fo...
November 14, 2019
Broker-introduced commercial loans jumped significantly in Queensland in FY19 compared with all other states, according to FAST’s inaugural Business Lending Index rep...
November 13, 2019

The major bank has revised its mortgage lending policy to allow owner-occupied loans to be secured against investment property.

November 13, 2019
Australia’s largest equipment finance broking company and the debtor finance specialist have announced that they intend to merge to form an SME and equipme...
November 13, 2019
CBA has announced that the chief executive of NewCo, its spin-off established to demerge the bank’s wealth and mortgage broking businesses, will step down from his role. ...
November 12, 2019
Non-bank lenders settled 112 per cent more broker-introduced commercial loans in FY19 than they did the year before as banks face “capability c...
November 12, 2019

The mortgage insurer has updated its serviceability calculator to reflect a lower interest rate floor.

November 12, 2019

The industry association has called on lenders to revise their lending practices, which threaten to undermine efforts to stimulate the economy.

November 12, 2019

Multinational non-bank lender Pepper has accused the new entrant of breaching its trademark, less than two months after Pickle Money launched to the public.

November 12, 2019

Newly licensed neobank 86 400 has officially entered the mortgage market, launching a suite of home loan products available via the broker channel.

November 11, 2019
Updated guidance and examples of responsible lending for RG 209 will be released by ASIC “before the end of the year” to demonstrate what the...
November 11, 2019
more from the adviser
Peter White Mike Felton 2 ta Lenders to determine fate of new RG 209

The effectiveness of ASIC’s new guidance will be contingent on...

handshake 1 850 BOQ hires new relationship manager for Qld

The Bank of Queensland has hired former Connective BDM Aaron Hase...

asic ta 1 ASIC permanently bans broker, charges another

The financial services regulator has banned a former Aussie broke...