Jun 1 2015
One of the industry’s most prominent third-party banks has reported a dramatic fall in investor lending.
Jun 1 2015
RBA Governor Glenn Stevens says that while he is supportive of regulation and initiatives aimed at curbing misconduct in the banking and finance industry, it will not change its culture.
May 26 2015
ASIC has landed its first big fish since updating its responsible lending rules six months ago.
May 25 2015
Foreign property investors are being used as cash cows by the Victorian government, which has the potential to impact on foreign investment in the state.
May 22 2015
APRA has revealed it will pay particular attention to housing lending standards next financial year as discussions begin on its budget.
May 20 2015
A mortgage broking association has urged its members to capitalise on APRA’s recent criticism of bank lending practices.
May 19 2015
Non-bank lenders could be in a position to grow their volumes as banks start taking APRA’s hint to pull back from investor lending.
May 14 2015
Banks with aggressive lending practices have been told to expect APRA “increasingly at their doorstep”.
Apr 14 2015
A Victorian lawyer who stole almost $5 million from his clients by creating false mortgage documents has been sentenced to eight years in jail.
Apr 2 2015
The regulator has launched the first stage of the new Financial Advisers Register on its MoneySmart website.
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