Breaking News
Major bank appoints group chief people officer
by • 31 Jul 2019
National Australia Bank has announced that KPMG’s current global head of people, Susan Ferrier, will become the...READ MORE
BOQ amends serviceability policy
by • 31 Jul 2019
The non-major lender has reduced its floor rate in response to APRA’s new mortgage serviceability assessment... READ MORE
New home sales spike in June quarter
by • 31 Jul 2019
The recent improvements in housing market sentiment has helped spur a rise in new home sales, which lifted for the... READ MORE
Scottish Pacific rolls out asset finance offering
by • 30 Jul 2019
Debtor finance specialist Scottish Pacific has begun rolling out a new asset finance offering through the broker... READ MORE
ANZ updates banking code provisions
by • 30 Jul 2019
The major bank has revised its home lending policy to align with recent guidance regarding the implementation of the... READ MORE
Appeal denied for jailed CEO
by • 30 Jul 2019
A former CEO who is currently serving a four-year jail sentence for conspiring to defraud CBA and his company will... READ MORE
Bank director steps down
by • 30 Jul 2019
A director of Heritage Bank has resigned from the board after nearly 14 years of... READ MORE
New SME funding guide launches
by • 29 Jul 2019
An “industry first” business funding guide for brokers and other financial advisers has been launched by... READ MORE
Heritage revises assessment rates
by • 29 Jul 2019
The customer-owned bank has made changes to its home loan serviceability assessment policy, joining a host of other... READ MORE
Major banks slash fixed rates by up to 96 bps
by • 29 Jul 2019
Two of the big four banks have announced reductions of up to 96 bps across their owner-occupied and investment home... READ MORE
Aggregator launches new remuneration model
by • 29 Jul 2019
A mortgage aggregator has announced the launch of a new revenue-sharing model for its broker network.
READ MORELenders can’t ‘abdicate’ distribution responsibilities to...
by • 26 Jul 2019
The heads of a non-major bank have said that industry will need to work together to ensure the new laws requiring... READ MORE
N1 launches new mortgage suite and joint venture
by • 26 Jul 2019
The ASX-listed financial and property services firm has announced the launch of self-branded mortgage products, as well... READ MORE
BOQ Business appoints new group executive
by • 26 Jul 2019
BOQ has appointed a former Westpac executive as its new group executive for its business and SME arm, following the... READ MORE
Citi changes expense verification method
by • 26 Jul 2019
Citi has announced that it has changed the method it uses to assess customer expenditure reports.
READ MOREIndustry urged to get on the front foot of trail messaging
by • 25 Jul 2019
Suncorp’s CEO of banking and wealth has said it is “beholden of all parties in the industry” to “think about... READ MORE
Interest rate analysis reveals state of play in mortgage market
by • 25 Jul 2019
Variable mortgage rates have sunk to as low as 2.89 per cent, with the market continuing to take shape following... READ MORE
Fixed rate demand fell to eight-year low after RBA rate cut
by • 24 Jul 2019
The demand for fixed-rate mortgages dropped to an eight-year low in June this year, according to newly released... READ MORE
Aussies sitting on the fence as housing sentiment shifts
by • 24 Jul 2019
Recent political and economic developments have helped trigger a spike in property price sentiment, but fewer... READ MORE
More details of new SME business fund released
by • 24 Jul 2019
Those wishing to access the government’s new SME business fund will need to demonstrate that they are working towards... READ MORE
NAB revises home lending policy, undercuts big four peers
by • 23 Jul 2019
The major bank has updated its mortgage serviceability assessment policy, becoming the final big four bank to amend... READ MORE
Heritage Bank pulls CCI product
by • 23 Jul 2019
The non-major bank has temporarily ceased selling its consumer credit insurance product, as the CCI industry revises... READ MORE
Mutual bank drops interest rates
by • 23 Jul 2019
Teachers Mutual Bank has announced that it will drop its variable interest rates by up to 25 basis points for new and... READ MORE
Resimac bolsters third-party team
by • 23 Jul 2019
The non-bank has announced the appointment of four BDMs and the introduction of a new relationship management team, in... READ MORE
Mortgage Choice CEO backs clawback reforms
by • 22 Jul 2019
The brokerage CEO has called for a “more even sharing” of the loss incurred by brokers and lenders when a borrower... READ MORE
ING cuts commercial mortgage rates
by • 22 Jul 2019
The non-major has announced that it has reduced variable rates across its commercial mortgage products.
READ MOREMajor bank reduces savings rates
by • 22 Jul 2019
Westpac has become the third major bank to reduce its savings rates following the RBA’s July cash rate decision, with... READ MORE
NAB announces new CEO
by Annie Kane • 19 Jul 2019
National Australia Bank has appointed the CEO of Royal Bank of Scotland as its new group chief executive officer and... READ MORE
‘Stick to what you know’: Associations hit back at CHOICE
by • 19 Jul 2019
The FBAA and MFAA have slammed consumer group CHOICE for its “disturbing lack of understanding” of the broking... READ MORE
Peer-to-peer lender joins AFG panel
by • 19 Jul 2019
RateSetter has joined the panel of aggregation company AFG, giving brokers access to its personal loan and car finance... READ MORE

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