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My preferred Non-Bank Lender introduced their 7.25% assessment rate well before all ADIs. They...

Anonymous
2 days ago.

The chairman of a regional bank has posed further questions about the rise in “shadow banks” driven by regulatory “constraints” impo

default profile

Oh no that means all we will hear if Gerry (soap box) Harvey carry on publicly for months. About...

Anonymous
2 days ago.

The Senate Standing Committee on Economics is set to review short-term credit providers, payday lenders, consumer lease providers, “buy no

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Ditto to all of the above!!! Australia may well see it's first recession in 40 years because of...

Anonymous
3 days ago.

Banks could tighten their credit policies further in the wake of the release of the financial services royal commission’s interim report,

default profile

Are you reading this APRA, RC etc etc etc .... This is a very accurate snapshot of the stupidity...

Broker
4 days ago.

Banks could tighten their credit policies further in the wake of the release of the financial services royal commission’s interim report,

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JB, your scenario 3 is very common. I'm certain the 'unintended consequence' of the apparent policy...

Will
4 days ago.

Banks could tighten their credit policies further in the wake of the release of the financial services royal commission’s interim report,

default profile

scenario 3
Client has long term loan for past 10 years never missed a payment actually a little in...

JB
4 days ago.

Banks could tighten their credit policies further in the wake of the release of the financial services royal commission’s interim report,

default profile

Totally agree. it has gone mad when banks simply have their 'googles' on now and cant distinguish...

DB
4 days ago.

Banks could tighten their credit policies further in the wake of the release of the financial services royal commission’s interim report,

default profile

These changes are not resulting in safer credit decisions. They are removing the Banks ability to...

Will
4 days ago.

Banks could tighten their credit policies further in the wake of the release of the financial services royal commission’s interim report,

default profile

So, the two most heavily populated states have recorded the lowest percentages and the more...

DC
5 days ago.

Falling property prices have driven an increasing number of mortgage holders out of positive equity, according to new research from Roy Morg

default profile

Ahhh, it all makes sense now...

Firstly, appalling comments from the RBA but not surprised.

Sounds...

Anonymous
6 days ago.

The central bank has warned that an increase in the non-bank sector’s market share could pose a threat to financial stability.

default profile

It's time we brokers understood the power that we wield and moved all accreditation to industry...

Roger Ng
6 days ago.

ASIC has announced that a former Commonwealth Bank mobile lender will stand trial for loan fraud conspiracy charges.

default profile

Proprietary channel = no surprises here!
(From a lender known to be more than hostile towards the...

LadyBroker
1 week ago.

ASIC has announced that a former Commonwealth Bank mobile lender will stand trial for loan fraud conspiracy charges.

default profile

$36m is a fine effort from the bank! My understanding is their mobile lenders did not have the same...

Phil4Finance
1 week ago.

ASIC has announced that a former Commonwealth Bank mobile lender will stand trial for loan fraud conspiracy charges.

default profile

HA, can't blame that on brokers!

Experienced Broker
1 week ago.

ASIC has announced that a former Commonwealth Bank mobile lender will stand trial for loan fraud conspiracy charges.

default profile

Probably lauded as a sales star. Bonuses all round no doubt!

Broker in the Burbs
1 week ago.

ASIC has announced that a former Commonwealth Bank mobile lender will stand trial for loan fraud conspiracy charges.

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