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
One property expert predicts a benefit for housing investors as banks slash rates
The appointment reflects the strategic importance of brokers, says general manager Johnny Lockwood
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
Download this free whitepaper to find out how white label can help you add value to your business and your customers
Download this special six page whitepaper that will bust some common myths about heading offshore and explain how it can benefit your brokerage – big or small
Download your free whitepaper focusing on how to design an employee engagement survey
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