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Lender
Royal commission hearing to look at fraud and accreditations
by Reporter • 27 Feb 2018
The first public hearings for the royal commission will focus on NAB’s introducer program and fraudulent loan...
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ANZ tightens IO lending
by Reporter • 26 Feb 2018
The major bank has announced that full income verification will be required from clients that wish to switch or...
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Australian SME lender named APAC’s top high-growth company
by Reporter • 23 Feb 2018
Small business lender Prospa has been named as the number one high-growth company in Asia-Pacific in The Financial...
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Former NAB GM joins MSA National
by Reporter • 22 Feb 2018
David Berry, a former general manager of broker operations at NAB, has joined law firm MSA National as associate...
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La Trobe Financial adopts Virtual VOI
by Reporter • 21 Feb 2018
The specialist lender has partnered with e4 Australia to become the first lender to adopt the tech company’s Virtual...
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Royal commission ‘opens the banks up to class actions’: UBS
by Reporter • 20 Feb 2018
If evidence of “mortgage mis-selling and irresponsible lending” is found during the royal commission, the banks...
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NAB, Advantedge tighten mortgage lending criteria
by Staff Reporter • 19 Feb 2018
The major bank has reduced its loan-to-income (LTI) ratio in response to regulatory concerns about Australia’s high...
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Macquarie and ING announce rate changes
by Reporter • 16 Feb 2018
The two lenders have made a broad range of changes to interest rates offered on their home loans.
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Non-bank lender says NPP will be ‘transformative’ for SMEs
by Staff reporter • 16 Feb 2018
The introduction of the New Payments Platform could transform the way SMEs conduct business in a number of key areas,...
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Suncorp’s profits fall as loan book thickens
by Reporter • 15 Feb 2018
Suncorp Bank has recorded a profit loss in the first half of the 2018 financial year, down by 16 per cent from the...
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