Responsible lending debate heats up in Parliament
Annie Kane
Politicians have traded blows while debating the repeal of responsible lending laws in the lower house, ahead of today’s Senate hearings.
Politicians have traded blows while debating the repeal of responsible lending laws in the lower house, ahead of today’s Senate hearings.
The non-bank lender reported an 88 per cent rise in profit and a 14 per cent increase in its loan book over 1H21, despite a drop in the volume of new settlements.
There was a 26 per cent rise in loans originated through the broker channel at the non-major bank as at 31 December 2020, according to its results.
The non-bank has reported an 11 per cent growth in new loans written for 1HFY21, with the majority of these loans originated through the broker channel.
The financial services regulator has commenced proceedings in the Federal Court against a big four bank over allegations it charged fees for...
Greater Bank has revealed that 75 per cent of its customers are now more than one month in advance on repayments. ...
The document collection and curation platform has qualified as an accredited data recipient under the Consumer Data Right.
After the domination of first home buyers in the 2020 property market, investors are expected to make their market comeback this year, according to the REA.
The former head of ME Bank’s mortgage lending division has joined the mutual bank in a newly created role.
The competition watchdog is set to make good on its recommendations for improving the mortgage process, and will also be announcing enforcem...
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