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LinkedIn driving 80% of deals for non-bank
by James Mitchell • 16 Jun 2017
Social media has become the primary lead generator for a non-bank lender, which is now seeing significant interest from...
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CBA changes serviceability calculations
by Reporter • 16 Jun 2017
A big four bank has changed its serviceability calculations for new owner-occupier and investment home loans, as well...
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Commercial lending ticks up in April: ABS
by Lucy Dean • 14 Jun 2017
Month-on-month commercial finance lending has ticked up slightly in April following three months of negative growth,...
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Broking boss dismisses channel conflict
by James Mitchell • 14 Jun 2017
The head of a national brokerage says channel conflict is “not a systemic issue” despite rising broker fears that...
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High LVR lending is easing up with a further slowdown expected
by • 12 Jun 2017
Data released by the Australian Prudential Regulation Authority recently has shown that high loan-to-value ratio...
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Non-major bank changes IO credit policy
by Reporter • 9 Jun 2017
A non-major lender has announced that it is implementing a policy change for new and existing interest-only investment...
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Lender stops offering owner-occupied IO fixed rates
by Reporter • 7 Jun 2017
A non-major lender has announced that new applications for interest-only repayments on owner-occupied fixed rate loans...
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Disparity between RBA and bank rates confusing mortgagors
by Reporter • 7 Jun 2017
Consumers are increasingly caught in ‘camp confusion’ as lenders increase their interest rates despite the cash...
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Heritage launches fund for police officer killed on duty
by Staff reporter • 6 Jun 2017
Heritage Bank has established a fund to accept donations from the public to support the family of Senior Constable...
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ASIC report finds ‘potential conflict’ with P2P lenders
by Lucy Dean • 2 Jun 2017
The corporate watchdog has revealed that marketplace lenders operating in the SME space are deriving the bulk of their...
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