AMP news

  • Non-bank market share surges by Julia Corderoy

    Liberty has become one of the country’s biggest home loan lenders, as consumers increasingly turn their backs on the major banks

  • RBA to keep rates steady tomorrow, but not for long by Julia Corderoy

    Another cash rate is highly likely following Britain’s shock Brexit vote, however, the Reserve Bank is not expected to drop the rate when it meets tomorrow

  • Owner occupied market gains momentum by Julia Corderoy

    Competition within the owner occupied mortgage market continues to heat up, with loans to owner occupiers gaining momentum while investor loans slump

  • Weekend Wrap: ASIC stands with MFAA by AB

    Making news this week ASIC commended the MFAA for educating Fairfax on broker commissions; a non-major lender told brokers non-resident borrowers are 'unacceptable'; and another non-major committed to speedier turnaround times

  • AMP classifies non-resident borrowers 'unacceptable' by Julia Corderoy

    AMP has classified non-resident borrowers as an “unacceptable borrower type” amongst a myriad of other tougher lending rules regarding foreign income lending

  • More non-majors join rate cut frenzy by Julia Corderoy

    More non-major lenders have joined the rate cut frenzy, announcing interest rate reductions across all variable rate home loans