Lender
AMP Bank announces executive’s departure
by Reporter • 24 Jan 2018
Mr Gibson had been at the bank for eight years and was the national sales manager for third-party... READ MORE
Rising average loan size not a problem, says economist
by Reporter • 24 Jan 2018
Senior economist at the Housing Industry Association (HIA) Geordan Murray believes that despite household debt-income... READ MORE
Bank drops fixed rates by up to 75bps
by Reporter • 23 Jan 2018
Effective from Tuesday (23 January 2018), MyState is reducing its owner-occupied three-year fixed home loan rate by... READ MORE
Bank sells stake in P2P lender
by Reporter • 22 Jan 2018
While the details of the sale are confidential, the bank said that it expects the sale of its 62 per cent stake to... READ MORE
Lenders make credit policy changes
by Reporter • 22 Jan 2018
National Australia Bank (NAB) and Homeloans Ltd (in which NAB is a major shareholder) have implemented credit policy... READ MORE
Calls for CBA to lift accreditation restrictions for mentees
by Reporter • 22 Jan 2018
Speaking to The Adviser after a discussion over CBA’s new accreditation process for new brokers dividing industry... READ MORE
ANZ agrees to pay $5m fine for responsible lending breaches
by Reporter • 19 Jan 2018
The Australian Securities and Investments Commission (ASIC) has announced that a settlement has been reached with ANZ... READ MORE
ING prohibits resi security for commercial loans
by Reporter • 17 Jan 2018
In a broker note, ING announced that it was making changes to its underwriting guidelines, which will be effective... READ MORE
Foreign sale of ANZ’s finance business falls through
by Reporter • 15 Jan 2018
On 21 December, it was revealed that New Zealand’s Overseas Investment Office (OIO) had blocked an attempt by ANZ... READ MORE
‘Micro-management’ of big banks drove me to broking, says lending...
by Reporter • 12 Jan 2018
Speaking to The Adviser, lending specialist at Regional Finance Solutions and former Commonwealth Bank and Westpac... READ MORE
Heritage updates credit policy
by Staff reporter • 11 Jan 2018
Heritage stated this week that it has made several updates, effective immediately, following a review of its credit... READ MORE
Finance company becomes new short-term commercial lender
by Reporter • 9 Jan 2018
N1 Holdings Limited — a holistic financial services provider covering mortgage broking, residential mortgages,... READ MORE
‘Broking is not a 9-to-5 job’
by James Mitchell • 5 Jan 2018
In seven years, YBR Earlwood principal Effie Nicol has built a successful mortgage broking business, but it didn’t... READ MORE
Major bank market share takes a hit
by Reporter • 2 Jan 2018
The latest AFG Competition Index found that major lender market share has “taken a hit”, falling to 62.5 per cent... READ MORE
James Symond on the benefits of being bank-owned
by James Mitchell • 27 Dec 2017
While much criticism has been directed towards vertical integration, in an era of increased compliance and squeezed... READ MORE

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