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Non-bank inks $100m lending deal with banking giant

One of Australia’s leading non-bank mortgage providers has entered into a joint venture with a Spanish banking giant.

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Non-resident, apartment lending crackdown continues

A non-bank lender has joined a handful of Australian banks and mutuals in changing its credit policy for apartment lending.

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Westpac continues to shed investor loans

Westpac has once again seen a double-digit decline in investor lending over a 12-month period, while three third-party banks have also experienced a drop in home loan volumes for the segment

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ASIC bans former ANZ adviser

The corporate watchdog has banned a former ANZ financial adviser for 18 months after an investigation found he had engaged in misleading conduct.

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Lenders to offer same-day mortgages

The ability for Australia’s banks to offer same-day home loans is set to become a reality thanks to a global e-signature platform.

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Analysis: Westpac’s new online lending investment

A closer look at the big bank’s latest beneficiary signals a growing appetite for innovative lending platforms.

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NAB announces business restructure

NAB has revealed it will reshuffle its organisational and leadership structure, which will see some executives depart.

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Nation’s largest credit union overhauls lending criteria

As banks continue to tighten credit policies for apartment lending, one major member-owned mortgage provider has opened the door for more borrowers.

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Fintech breakthrough sees launch of new lender

A partnership between a leading online lender and an ASX-listed software provider has resulted in the launch of a new lending business.

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Lender warns of heavy write-offs

The head of one of Australia’s main peer-to-peer lenders has warned that possible asset greed in the alternative lending sector will see it damaged, as overly aggressive growth tactics could ...

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