It has made the decision in order to align itself with evolving industry practice
The bank has been forced to apologise over the last two weeks and CEO Craig Meller stepped down
The move comes at a time when “PAYG and credit impaired customers are affected by the tightening criteria of traditional lenders”.
The measure was introduced in 2014 to help reduce higher risk lending and improve practices
Analysts have looked at recent documents on a review of Westpac's mortgage serviceability requirements
The Productivity Commission's chairman casts doubt on industry changes to broker remuneration
How expanding into business lending can support your customers and grow your broking business
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The pros and cons of renegotiating 220,000 interest only loans by 2022
Personal bankruptcies increased 6.1% in 2017. Is the trend an anomaly or the start of economic Armageddon?
There’s every reason to be optimistic about fintech, particularly proptech – says KPMG’s Ian Pollari
Slipstream founder John Manciameli talks to Mick Brazel,CEO of Clark Pacific Finance
High household debt, including mortgage debt, can make the economy more vulnerable to disruptions, warns the Bank for International Settlements
On a mission to bring Australian traders a better deal on the NYSE, founder and CEO of Stake shares his top tips
Settling a difficult deal has its challenges at any time of year, but attempting it when everybody is closed for the holidays takes a real Christmas miracle