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Bank resumes investor lending, launches 98% LVR loan

An Australian bank that stopped lending to property investors earlier this year has started accepting applications again.

mortgagebusiness
Broker blasts ‘smoke and mirrors’ of online lending

A broker has condemned the “smoke and mirrors” and delayed turnaround of online lending, saying “nothing has improved” since its introduction in the early 2000s.

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ANZ to raise $1bn with new hybrid

ANZ has announced an additional tier 1 capital hybrid offer, ANZ Capital Notes 4, which will be open from 24 August 2016.

mortgagebusiness
APRA tipped to tighten investor lending even further

One of Australia’s most respected economists says there is a "good chance" the prudential regulator will crack down on a recent lift in property investor activity by announcing stricter ...

mortgagebusiness
Boost in new home lending

Despite ongoing threats of oversupply in some capital cities, a rise in buyer confidence prompted by the cash rate cut has seen finance for new builds continue to grow.

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NAB says Aussie businesses are more innovative than they realise

Research jointly conducted by NAB and The University of Melbourne has revealed that Australian businesses, driven by a desire to better serve customers, are often unknowingly innovative.

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Why are lenders continuing to tighten up policies?

Interest rates have been at record lows, the property market has had a good run and, to maintain a balance in the market, the lenders are continuing to gradually tighten their lending ...

Jeremy Fisher, interest rates, property market, lending policies, loan repayments
NAB warns of more economic risk on the way

Despite signs of steady recovery in non-mining activity, a recent survey has suggested that there are longer-term risks becoming increasingly apparent for the country’s economy.

mortgagebusiness
CBA: direct loans 'as good as they are going to get'

Ian Narev, CEO of the Commonwealth Bank of Australia, has said that the bank sees the mortgage broking industry as “an ongoing channel where customers are going to want to do business”

mortgagebusiness
Listed lender cuts rates by up to 65 basis points

Following the Reserve Bank’s decision to cut the official cash rate by 25 basis points last week, a leading Australian mortgage provider has cut interest rates across its home loan products ...

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