Jul 18 2014
ANZ will not acquire third-party businesses to bolster its share of the mortgage market despite having the smallest loan book of the major banks.
Jul 17 2014
The Financial System Inquiry interim report has identified key issues in the lending processes for SMEs.
Jul 15 2014
Non-bank lending for owner-occupied housing has continued to rise in May while lending by banks and building societies declined.
Jul 11 2014
Smaller lenders have been tipped as the prime prospects to capitalise on the potential half a trillion dollars of home equity held by the Australians over the age of 65.
Jul 11 2014
SMSF investors with an eye on commercial property are fuelling demand for finance.
Jul 4 2014
The Federal Court has ordered GE Money to pay a penalty of $1.5 million for making false or misleading representations to more than 700,000 of its credit card customers.
Jul 4 2014
CBA chief Ian Narev has announced an ‘open review program’ to investigate the advice failures at CBA dealer groups Commonwealth Financial Planning and Financial Wisdom.
Jul 3 2014
A leading financial services lawyer believes commissions in mortgage broking and financial planning are beneficial to all.
Jun 30 2014
The Bank of England has introduced limits on high LVR lending and imposed stress testing on prospective home-buyers.
Jun 30 2014
The CBA financial planning inquiry could see each major lender hold up to $2 billion in additional capital with increased operational risk charges.
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