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Rumours of relaxed lending are lies: Broker

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Australian Broker | 26 Nov 2013, 06:21 AM Agree 0
Reports that banks are relaxing lending standards are entirely false, and there's evidence standards are actually tightening, says one Sydney broker.
  • Country Broker | 26 Nov 2013, 09:08 AM Agree 0
    all of the above is true and correct . The last articles was spin plain and simple
  • Commercial | 26 Nov 2013, 10:01 AM Agree 0
    ....and the article was about NAB's Commercial lending arm complaining because they had lost market share to ANZ Commercial lending arm - had nothing to do with residential lending. But that didn't stop every economic 'expert' jumping on the wrong info, and getting themselves into the media with the issue.
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