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Lender
Bank withdraws from low-doc space
by Reporter • 11 Feb 2019
A non-major lender has removed its low-doc loan offering for new and existing customers to “align with industry...
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Comyn mulling RC impact on demerger
by Charbel Kadib • 8 Feb 2019
The Commonwealth Bank CEO is considering the impact of the banking royal commission’s recommendations concerning...
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Coping in the wake of the banking royal commission
by Annie Kane and Jerome Doraisamy • 7 Feb 2019
The banking and financial services royal commission has dealt a blow to the broking industry on a professional and...
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Industry advocating for new upfront structure
by Annie Kane • 6 Feb 2019
Aggregators and broker group heads have said they are on the front foot and working to try and raise the upfront...
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Banking royal commission calls for best interests duty
by Tas Bindi • 6 Feb 2019
Commissioner Hayne has recommended that the law be amended to include a best interests duty for mortgage brokers in his...
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Market pundits predict looming rate cut
by Reporter • 5 Feb 2019
While the majority of industry expect today’s RBA meeting to result in the cash rate being held at its record low...
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Resimac standardises commission structure
by Reporter • 5 Feb 2019
The non-bank lender has announced changes to its commission structure, including the standardisation of the upfront and...
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Final banking royal commission report released
by Annie Kane • 4 Feb 2019
The final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services...
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Banks send open letter to politicians
by Charbel Kadib • 4 Feb 2019
Policymakers have been urged to consider the broader ramifications of recommendations proposed by the financial...
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Bank announces 18 bps rate rise
by Charbel Kadib • 1 Feb 2019
The second wave of out-of-cycle rate hikes has continued, with a non-major lender lifting its mortgage rates by up to...
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