May 6 2014
The Reserve Bank is not expected to change the official cash rate today, but home loan rates may continue to move.
May 6 2014
Westpac issued a strong half-yearly result yesterday, growing its Australian loan book by 3 per cent, or $9.5 billion, in the six months to March 31.
May 2 2014
A lucrative opportunity exists in the underserviced SME lending space, which has seen considerably less investment and support than the third-party mortgage distribution channel.
May 2 2014
ANZ has increased its profits by $444 million on the back of strong growth in its loan book.
Apr 29 2014
Business banking has been flagged as a potential growth area in Australian lending as the major banks neglect SMEs to focus on growing their mortgage books.
Apr 22 2014
ABC television recently aired a documentary that described the experiences of troubled mortgagees who had sought the services of a ‘lender of last resort’.
Apr 22 2014
New rules from the UK’s Financial Conduct Authority (FCA) will come into force on 26 April 2014, designed to ensure a “common sense approach” is taken for every lending decision.
Apr 17 2014
Customer-owned bank Bankmecu has called for greater transparency of sub-brands in the banking sector.
Apr 16 2014
While there is little evidence of deterioration in lending standards at the moment, rising property prices have a history of attracting lower quality borrowers to the market, writes AMP ...
Apr 11 2014
One non-bank lender has urged the federal government to “even up the playing field” so it can compete with the big banks.
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