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Extending credit advice to planners is ‘pro-competitive’: PC
by Reporter • 16 Aug 2018
Allowing financial planners to offer credit advice would provide consumers with greater choice, drive innovation and...
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Non-bank lender acquires competitor
by Reporter • 16 Aug 2018
A Perth-based non-bank lender has assumed control of a domestic competitor, in a move designed to help it...
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Private lenders ‘consolidating’ as market tightens
by Reporter • 16 Aug 2018
There has been a “consolidation in the private lending market” as the residential property market tightens, a...
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NAB profits boost despite ‘challenging’ environment
by Reporter • 14 Aug 2018
The major bank has reported third quarter profit growth, despite rising regulatory costs, and a “challenging...
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Expenses probed as regional bank takes loans from majors
by Reporter • 14 Aug 2018
A non-major lender has said that it was the “recipient of increased flows” off the back of tighter serviceability...
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ASIC warns lenders not to outsource responsibility to brokers
by Reporter • 13 Aug 2018
The corporate regulator has reiterated its view that lenders should be held accountable for breaches of responsible...
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Property group posts $29.3m third-party revenue
by Reporter • 13 Aug 2018
A property group has delivered growth through its financial services division off the back of its investments in the...
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Non-bank lender posts record settlements
by Reporter • 13 Aug 2018
A non-bank lender has seen a 96 per cent increase in applications and 153 per cent rise in settlements, as it continues...
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Banks agree to fortify fraud protection systems
by Reporter • 10 Aug 2018
Five Australian lenders have agreed to improve their compliance measures and controls for third-party access to deposit...
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CBA and Suncorp reveal SME lending results
by Reporter • 10 Aug 2018
The banks have outlined the underlying performance of their business lending divisions in their full-year 2018...
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