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CBA received 144,000 mortgage deferral requests

by Annie Kane • 14 May 2020
In its March 2020 trading update, the Commonwealth Bank of Australia (CBA) revealed how the coronavirus pandemic has... READ MORE

Supply/demand imbalance stabilising property market

by Malavika Santhebennur • 14 May 2020
In a video episode of The Adviser’s In Focus (partnered by Smartline, of which REA Group is the parent company) the... READ MORE

LoanDolphin merges with Joust

by Annie Kane • 13 May 2020
The two reverse auction platforms, LoanDolphin and Joust, were both founded by former banking executives in 2015, as... READ MORE

Industry awaits ‘missing piece’ of BID puzzle

by Charbel Kadib • 12 May 2020
Last week, the Australian Securities and Investments Commission (ASIC) announced that it would defer the commencement... READ MORE

ME Bank to appear in ‘urgent’ parliamentary hearing

by Annie Kane • 12 May 2020
Earlier this month, super fund-owned lender ME Bank reduced the amount borrowers could redraw from specific legacy... READ MORE

Australian Broking Awards 2020 launches

by Annie Kane • 11 May 2020
The Australian Broking Awards is the only industry awards program focusing exclusively on the leading brokers,... READ MORE

Big 4 out of favour with the public

by Hannah Dowling • 11 May 2020
The big four banks are among those considered least trustworthy, based on the latest quarterly Trust Index survey for... READ MORE

Bank backs down on redraw policy

by Charbel Kadib • 8 May 2020
Last week, it was reported that super fund-owned lender ME Bank had reduced the amount borrowers could redraw from... READ MORE

Bank hikes fixed home loan rates

by Charbel Kadib • 8 May 2020
Teachers Mutual Bank Ltd (TMBL) has raised interest rates across two and three-year fixed owner-occupied and... READ MORE

Heritage appoints new BDM

by Hannah Dowling • 8 May 2020
Heritage Bank has announced the appointment of Chris Franze as its newest business development manager (BDM) for NSW... READ MORE

Bank drops rates, commits to 24-hour turnarounds

by Annie Kane • 7 May 2020
Fintech lender 86 400, which launched its first digital home loan products through the broker channel last year, has... READ MORE

SMSF lender joins AFG panel

by Reporter • 6 May 2020
The Australian Finance Group (AFG) has announced that Granite Home Loans has joined its lender panel, providing the... READ MORE

ME Bank reviewing affected redraw customers

by Annie Kane • 5 May 2020
Over the weekend, mainstream media outlets broke the news that super fund-backed lender ME Bank had reduced the... READ MORE

Banks freeze $6.8bn in loans

by Reporter • 5 May 2020
The Australian Banking Association (ABA) has published new data, revealing that its members have provided six-month... READ MORE

Westpac earnings plunge, mortgage book thins

by Charbel Kadib • 5 May 2020
Westpac Group has released its half-year results for the 2020 financial year (1H20), posting a 70 per cent fall in... READ MORE
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