The changes affect new and existing interest only borrowers as the bank moves to fulfil APRA’s tighter lending guidelines
In his second reading speech on the bank levy bill, the Treasurer also stressed that costs are not to be passed onto the consumer
New research for the big four banks shows satisfaction levels amongst customers improving across the board
The agreement between a loan protection specialist and financial services firm will let brokers offer more comprehensive coverage to clients
The MFAA has raised concerns with Treasury that the External Dispute Resolution system has “overstepped its original purpose”.
ANZ has appointed ex-director David Gonksi to replace chairman John Morschel in 2014, while announcing strong profits in 2013
A non-bank lender has reinforced its intention to grab a larger slice of the broker market in 2014 with the appointment of a new National Sales Manager, Brokers.
ASIC has sent a strong message to the financial services industry with regard to false advertising, while fining one company $10,000.
Sending a Christmas greeting to your clients can be the finishing touch to a successful year’s relationship building, but get it wrong and you could undo all that hard work. Here are some top Yuletide tips
Breaches of the Code of Banking Practice have almost doubled in the past year, with breaches in credit assessment increasing 260%.