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Lender
Major bank announces construction lending changes
by Francesca Krakue • 1 Jun 2017
One of the big four banks has revealed that it is changing its maximum LVR for construction loans, effective Saturday,...
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Mutual lender the latest to hike interest rates
by Lucy Dean • 1 Jun 2017
An Australian mutual bank has joined the ranks of those hiking rates on interest-only loans, and has reduced the...
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Branches still leading channel for major banks
by James Mitchell • 31 May 2017
Brokers are writing less than 50 per cent of mortgages for the big four banks but have become the dominant channel for...
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Lenders must ‘adapt or lose share’ to fintechs: Lender CEO
by Reporter • 31 May 2017
Fintechs are “good for brokers and business” and lenders must “adapt or follow them or lose share to them”,...
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Westpac group hike fixed rates for interest-only loans
by Lucy Dean • 25 May 2017
Rates for interest-only investment loans have been raised by up to 20 basis points across all four of Westpac group’s...
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Major banks change third-party strategy
by James Mitchell • 22 May 2017
Two of Australia’s big four banks have changed their appetite for broker-originated loans in a move that could curb...
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CBA announces fresh lending changes
by Staff Reporter • 22 May 2017
Australia’s largest mortgage provider announced changes to interest-only payments for owner-occupied and investor...
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Major bank launches new instant pricing tool
by Reporter • 18 May 2017
NAB has launched a new instant pricing tool for brokers that aims to give brokers a “faster, simpler and easier...
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No ‘smoking gun’ in broking industry, says Deloitte
by James Mitchell • 17 May 2017
A Deloitte partner has highlighted the positive outcomes of the ASIC and Sedgwick reviews into broker remuneration and...
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Bank launches AI ‘home loan assistant’
by Reporter • 16 May 2017
A new chatbot has been launched by UBank to help answer customers’ home loan questions, in what is being billed as...
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