The figures also show the average home loan value has increased
“[We] will continue to service this borrower type well into the future.”
The data showed a historic low for May’s non-conforming loan arrears
The non-major has announced it is closing more than two-thirds of its east coast branches
A major franchise group has been forced by ASIC to pay more than $30,000 in penalties for false advertising.
Yet another regional credit union has announced it's considering merging with a bigger player, while 90% of those in the sector believe the industry will soon shrink to less than 90 institutions
APRA chairman John Laker says the regulator is “pathologically worried” about poor credit standards becoming pervasive.
While house prices continue to rise in some parts of the country, affordability levels improved in the September quarter, with only a few exceptions
A mortgage broker BDM has won a major bank's top employee award for the first time ever.
A non-major lender has called on the Financial Systems Inquiry to address the 'capital imbalance' that favours big banks.