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CBA heads to court over money laundering allegations
by James Mitchell • 3 Aug 2017
Australia’s financial intelligence and regulatory agency initiated, on 3 August, civil penalty proceedings in the...
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Choice adds Virgin Money to lender panel
by Staff Reporter • 2 Aug 2017
Virgin Money has announced that it will be teaming up with major aggregator Choice Aggregation Services just a year...
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Major bank implements Sedgwick remuneration reforms
by James Mitchell • 2 Aug 2017
A big four bank has announced significant changes to its incentives program, following recommendations outlined in the...
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NRL player’s ‘certain aura’ will help in broking career
by Lucy Dean • 31 Jul 2017
A former Manly Sea Eagles rugby player has been appointed as business development manager at Bell Partners Finance,...
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CBA doubles waiting period for IO switch
by Lucy Dean • 28 Jul 2017
The waiting period for customers seeking to switch to an interest-only repayment method has doubled from 90 days to 180...
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Non-bank launches loan tracking tool
by James Mitchell • 28 Jul 2017
One of Australia’s largest non-bank lenders has launched a new loan tracking app aimed at helping mortgage brokers...
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Westpac group changes rates
by Reporter • 27 Jul 2017
A big four bank and its subsidiaries have changed interest rates on a range of loans for both owner-occupiers and...
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Major bank hikes investor rates by 31 basis points
by Lucy Dean • 26 Jul 2017
A big four bank has introduced changes to interest rates on both principal and interest and interest-only loans.
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Bank refunds over $230k in overcharged interest
by Reporter • 26 Jul 2017
A Tasmanian bank has refunded over $230,000 in overcharged interest and fees to more than 1,040 customers with mortgage...
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‘Disingenuous’: Former bank exec questions back book repricing
by James Mitchell • 26 Jul 2017
A former major bank executive says lifting rates for existing interest-only borrowers has little to do with the...
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