February 2, 2016
Banks
February 2, 2016
Banks getting nervous around risky mining towns
It’s about to become harder to get finance in mining towns as banks rein in loans in resource sector areas.
February 2, 2016
Should banks be forced to reveal their sub-banks in advertising?
There are calls from some brokers and lenders for banks to be more transparent in regards to which other banks, aggregators and brokerages they own.
February 2, 2016
CUA leads the charge as banks fight for their share of home loan market
The mortgage market continues to become more competitive, after banks and lenders’ ongoing cuts to fixed rates and fees.
February 2, 2016
Banks offer $1000 cash back as competition for loans heats up
Bank of Melbourne, St George and BankSA customers can cash in on a new offer of $1000 designed to deepen loyalty ties.
February 2, 2016
Panel meets to discuss dominance of major banks
Former chief of the Commonwealth Bank David Murray is heading an inquiry that is canvassing ideas to curb the dominance of the country’s $1.3 trillion mortgage market by the major banks.
February 2, 2016
Banks struggle to lure customers with low fixed rates
Despite banks dropping their fixed-rates for home loans to below 5 per cent for five years, only 24 per cent of new home loan customers took the option in June.
January 22, 2016
Bank to offer rewards program for home loans
In a first for Australia, one bank will start rewarding borrowers with cash in return for home loan repayments.
January 22, 2016
Major bank tightens investment lending criteria
As of today, Bankwest will apply new lending criteria for those seeking investment loans that will require applicants to have a deposit of at least 20 per cent.
January 21, 2016
ANZ lifts interest rates for property investors
The ANZ Bank is lifting its interest rates for residential investment property to move focus away from investors and more onto owner-occupiers.