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N1 launches new mortgage suite and joint venture
by Tas Bindi • 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 Annie Kane • 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 Reporter • 26 Jul 2019
Citi has announced that it has changed the method it uses to assess customer expenditure reports.  READ MORE

Industry urged to get on the front foot of trail messaging
by Annie Kane • 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
Percentage

Interest rate analysis reveals state of play in mortgage market
by Reporter • 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
Arrow hitting bottom

Fixed rate demand fell to eight-year low after RBA rate cut
by Reporter • 24 Jul 2019
The demand for fixed-rate mortgages dropped to an eight-year low in June this year, according to newly released data. READ MORE
Suburbs

Aussies sitting on the fence as housing sentiment shifts
by Reporter • 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 Annie Kane • 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

NAB revises home lending policy, undercuts big four peers
by Charbel Kadib • 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

Heritage Bank pulls CCI product
by Annie Kane • 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 Annie Kane • 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

Resimac bolsters third-party team
by Reporter • 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
Susan Mitchell

Mortgage Choice CEO backs clawback reforms

by Charbel Kadib • 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 Building

ING cuts commercial mortgage rates
by Reporter • 22 Jul 2019
The non-major has announced that it has reduced variable rates across its commercial mortgage products. READ MORE

Major bank reduces savings rates
by reporter • 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
Peter White and Mike Felton

‘Stick to what you know’: Associations hit back at CHOICE
by Charbel Kadib • 19 Jul 2019
The FBAA and MFAA have slammed consumer group CHOICE for its “disturbing lack of understanding” of the broking... READ MORE
RateSetter

Peer-to-peer lender joins AFG panel
by Hannah Dowling • 19 Jul 2019
RateSetter has joined the panel of aggregation company AFG, giving brokers access to its personal loan and car finance... READ MORE

Mortgagors more confident in FHB opportunities
by Hannah Dowling • 19 Jul 2019
Ninety-one per cent of mortgagors believe the Great Australian Dream of home ownership is more achievable for first... READ MORE
86 400

Neobank to focus fully on brokers
by Annie Kane • 18 Jul 2019
Digital neo-lender 86 400 has been granted a full authorised deposit-taking institution licence by APRA and will look... READ MORE
APRA

Financial system is ‘more resilient’ thanks to APRA, finds review
by Annie Kane • 18 Jul 2019
APRA’s “rigorous and effective” intervention and management of the “growing risks” in mortgages have helped... READ MORE

Outlook strengthens for house prices and rents, finds NAB
by Annie Kane • 18 Jul 2019
While current property sentiment among property professionals remains negative, future expectations are for improved... READ MORE
S&P Global

Arrears to ‘stabilise’ in response to rate relief
by Reporter • 18 Jul 2019
Home loan delinquencies have declined and are expected to further “stabilise” off the back of interest rate cuts... READ MORE

SME lender joins FAST panel
by Hannah Dowling • 18 Jul 2019
OnDeck Australia has become the latest non-bank lender to join the aggregator’s panel, enabling broker members to... READ MORE

Aggregator launches white label loan suite
by Annie Kane • 17 Jul 2019
Connective has officially launched its suite of white label loan products and brought in a new team of BDMs to support... READ MORE