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APRA urged to act on FSI recommendations

Australia’s customer-owned banks believe substantial policy measures to promote competition in banking are readily available and should be implemented with urgency.

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ASIC updates market on CommInsure probe

The corporate watchdog has provided an update on its investigation into the life insurance business of CommInsure.

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Investor lending rebounds in August

A rebound in investor lending has seen it increase by 10 per cent from its trough in April, a recent study has found.

mortgagebusiness
CBA appoints new chairman

Australia’s largest lender has today announced that its chairman will retire from the board at the end of the year.

mortgagebusiness
Lending standards will save us from property crash, says funder

The head of a real estate investment firm is confident that the Australian property market has unique dynamics that will help avoid a crash but admits that a correction has already started

mortgagebusiness
ASIC bans former ANZ-aligned adviser

ASIC has banned a former ANZ-aligned financial adviser for acting dishonestly and providing false statements to clients.

mortgagebusiness
Satisfaction in big four banks' home loans drops

The satisfaction of mortgage customers of the big four banks has dropped, despite overall satisfaction improving over time, a new report has found.

mortgagebusiness
Beyond Bank partners with fintech lending platform

Customer-owned institution Beyond Bank Australia has partnered with fintech company SocietyOne in a bid to share “the financial benefits between its borrower customers and funders”.

mortgagebusiness
How A.I is changing unsecured business lending

Artificial Intelligence (A.I), as high-tech as it may sound, has actually been around for more than 60 years.

Simon Isaacs, artificial intelligence, business lending
New software helps lenders negotiate real-time deals

US-based fintech software company Nomis has broken into the Australian market with a new software product that aims to help lenders monitor real-time data and analytics, such as deals ...

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