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Lender
RAMS to move to ‘simplified’ business model
by Annie Kane • 26 Oct 2020
The Westpac-owned brand will officially become a single-brand mortgage lender from next month, only offering RAMS...
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WA extends home building grant construction deadline
by Annie Kane • 26 Oct 2020
The WA government has extended the deadline for when construction must start on new homes bought with the Building...
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Major banks open New Home Guarantee waitlists
by Annie Kane • 21 Oct 2020
The two major banks on the FHLDS are opening their waitlists for the additional 10,000 places under the New Home...
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Millennials prioritising home ownership
by Annie Kane • 20 Oct 2020
The Millennial generation is the largest cohort prioritising home ownership over lifestyle aspirations, new data from...
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Major bank to pay $15m for engaging unlicensed introducers
by Annie Kane • 19 Oct 2020
A big four bank has been ordered to pay a civil penalty of $15 million for engaging with unlicensed home loan...
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Mutual bank to move to ‘digital first’ strategy
by Annie Kane • 14 Oct 2020
Teachers Mutual Bank Ltd has revealed that it is moving to a “digital first” strategy and will develop an online...
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Lender to pay trail on loans with extended deferrals
by Annie Kane • 13 Oct 2020
A non-major lender has confirmed that it will continue to pay trail to brokers whose clients require extended loan...
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NSW, Vic get lion’s share of SME scheme: CBA
by Malavika Santhebennur • 13 Oct 2020
Nearly two-thirds of the funding provided under the first phase of the Coronavirus SME Guarantee Scheme by the major...
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FHLDS New Home Guarantee details released
by Annie Kane • 12 Oct 2020
Further details regarding the new 10,000 places released under the First Home Loan Deposit New Home Guarantee scheme...
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Former BDM banned for falsifying loan documents
by Malavika Santhebennur • 12 Oct 2020
A former St.George Bank BDM has been banned from engaging in credit activity and providing financial services for five...
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