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Lender

Advice remediation bill exceeds $1bn

Advice remediation bill exceeds $1bn

by Reporter • 25 Aug 2020
Banks and financial services institutions have incurred over $1 billion in remediation charges associated with the... READ MORE
Remote working to shift property price trends

Remote working to shift property price trends

by Malavika Santhebennur • 25 Aug 2020
The best performing areas in terms of property prices could change as remote working will make living outside the... READ MORE
Lender closes branches in all but one state

Lender closes branches in all but one state

by Annie Kane • 24 Aug 2020
A non-major bank has announced that it is closing all its branches outside of its home state, as it prioritises the... READ MORE
Digital lender introduces tiered variable rates

Digital lender introduces tiered variable rates

by Annie Kane • 21 Aug 2020
Neobank 86 400 has introduced tiered variable rates for borrowers, enabling customers with higher deposits to access... READ MORE
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SME lender acquires invoice finance platform

by Annie Kane • 20 Aug 2020
CML Group has completed its acquisition of an invoice finance platform, after paying $2.25 million in cash and shares. READ MORE
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ANZ earnings double amid retail boost

by Charbel Kadib • 20 Aug 2020
Above-system mortgage and deposit growth has helped bolster the major bank’s earnings over the third quarter,... READ MORE
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Over a quarter of businesses ‘knocked back’ by lenders

by Reporter • 19 Aug 2020
One in four businesses grappling with the economic fallout from the COVID-19 pandemic has had their application for... READ MORE
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Bank tightens LVR for fixed-rate loans

by Malavika Santhebennur • 18 Aug 2020
Teachers Mutual Bank has reduced the maximum LVR for fixed-rate home loans with LMI, effective 17 August. READ MORE
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Bank lowers DTI cap for FHLDS loans

by Reporter • 14 Aug 2020
A non-major bank has announced that it will reduce the maximum debt-to-income ratio for loans backed by the... READ MORE
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CBA could keep Aussie, CEO reveals

by Charbel Kadib • 12 Aug 2020
Commonwealth Bank may scrap plans to demerge from Aussie Home Loans, CEO Matt Comyn has revealed. READ MORE