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Lender
Bank changes name, unveils new products
by Nick Bendel • 28 May 2015
One lender has made massive changes, with a new name, new home loans and new fixed-rate options.
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Lender completes $1bn RMBS deal
by Reporter • 28 May 2015
One non-bank lender has completed a major Australian residential mortgage-backed securities (RMBS) deal, with the help...
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Central bank tightens investor LVRs
by Nick Bendel • 27 May 2015
Australian regulators could be keeping a close eye on New Zealand after new investor rules were introduced by its...
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Westpac poaches leading CBA third-party executive
by Reporter • 26 May 2015
Former Commonwealth Bank executive Lyn Cobley has been appointed Westpac Institutional Bank’s new group executive.
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Bank working weekends to fix turnarounds
by Nick Bendel • 26 May 2015
ME Bank has been working extended hours to get turnarounds back on track after its 3.99 per cent rate contributed to a...
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ASIC forces bank to change lending practices
by Staff Reporter • 25 May 2015
Bank of Queensland has changed its lending practices following concern from ASIC about the way it assessed applications...
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Nation's largest lender under margin pressure
by James Mitchell • 25 May 2015
A report on Australia’s biggest bank has found it will face ongoing margin pressure after its quarterly trading...
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Scrapping first home owner grant ‘makes no sense’
by Reporter • 21 May 2015
The Western Australian Budget has dealt a blow to first home buyers, who will no longer receive a government grant for...
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‘Responsible’ Bankwest puts brake on investor lending
by Reporter • 20 May 2015
Bankwest has made it harder for investors to secure loans, in a sign that APRA’s campaign on lending standards is...
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Debt reduction the best strategy following rate cut
by Reporter • 19 May 2015
Borrowers have been advised to take advantage of record-low interest rates by paying off debt rather than splurging...
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