APRA grants licence to operate as an authorised deposit-taking institution (ADI)
Despite industry-wide reductions, consumers wary of locking in rates amidst unstable lending environment
The study's unexpected takeaway comes as auction market sees quietest Easter since 2012
Lender meets with brokers to discuss how the industry will develop to 2025
He has also officially sold his interests in the company to 'give back to the new guys'
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