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ANZ sued over home loan introducer program

ASIC has slapped the big four bank with a lawsuit claiming it breached the Credit Act, over referrals through its home loan “introducer pr...

Mutuals step up mortgage lending

The property market boom has boosted the home loan businesses of Australian mutual banks, according to a new analysis.

ScotPac breaks into mortgages

The non-bank lender has launched into residential mortgage lending as it expands its product suite and offering to SMEs.

CBA finds BNPL customers worse with debt

Customers who use buy now, pay later products are more likely to fall behind on debt repayments and to be in financial hardship, the big four bank has reported.

RBNZ eyes DTI, serviceability limits

The Reserve Bank of New Zealand has sought feedback on debt serviceability restrictions for mortgage lending, preparing to deploy them if needed.

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