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NAB revises home lending policy, undercuts big four peers

The major bank has updated its mortgage serviceability assessment policy, becoming the final big four bank to...
August 19, 2019
The non-major bank has temporarily ceased selling its consumer credit insurance product, as the CCI industry revises its offering following a da...
July 22, 2019

Teachers Mutual Bank has announced that it will drop its variable interest rates by up to 25 basis points for new and existing borrowers from 1 August.

July 22, 2019
The non-bank has announced the appointment of four BDMs and the introduction of a new relationship management team, in a bid to offer a “more efficient service” to brokers....
July 22, 2019

The brokerage CEO has called for a “more even sharing” of the loss incurred by brokers and lenders when a borrower defaults or refinances.

July 21, 2019

The non-major has announced that it has reduced variable rates across its commercial mortgage products.

July 21, 2019
Westpac has become the third major bank to reduce its savings rates following the RBA’s July cash rate decision, with Commonwealth Bank the remaining major bank to announce it...
July 21, 2019

National Australia Bank has appointed the CEO of Royal Bank of Scotland as its new group chief executive officer and managing director.

July 18, 2019
The FBAA and MFAA have slammed consumer group CHOICE for its “disturbing lack of understanding” of the broking industry, after it claimed that education and training require...
July 18, 2019
RateSetter has joined the panel of aggregation company AFG, giving brokers access to its personal loan and car finance offerings from 22 July....
July 18, 2019
Ninety-one per cent of mortgagors believe the Great Australian Dream of home ownership is more achievable for first home buyers than ever before,...
July 18, 2019
Digital neo-lender 86 400 has been granted a full authorised deposit-taking institution licence by APRA and will look to fully focus on brokers when it launches its mortgage pr...
July 18, 2019
APRA’s “rigorous and effective” intervention and management of the “growing risks” in mortgages have helped make the financial system ...
July 17, 2019
While current property sentiment among property professionals remains negative, future expectations are for improved rental yields and price grow...
July 17, 2019

Home loan delinquencies have declined and are expected to further “stabilise” off the back of interest rate cuts and tax deductions, according to S&P.

July 17, 2019
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ANZ focuses on ‘clarity’ following mortgage softening

The major bank has said that it is committed to providing “grea...

Westpac revises home lending policy

The major bank has revised its home lending policy, including th...