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After increased processing times for broker applications contributed to a contraction in its loan book, Suncorp has made improving the banking division's performance in the mortgage broker channel one.. read more

The value of new housing loan commitments has risen 20.7 per cent since the most recent low point in May last year, driven largely by owner occupier demand. read more

ASIC's strengthened powers are now in force, with the passing of new legislation. read more

Rental property website operator Rent.com.au has partnered with payment service provider Novatti to develop a rental payment service. read more

The Australian Small Business and Family Enterprise Ombudsman has raised the prospect of regulation of the supply chain finance market unless large businesses and financiers clean up their act. read more

An expanded data rate set published by the RBA confirms that loyal customers with older mortgages are typically paying higher interest rates than new customers. read more

IMB Bank hopes to celebrate its 140th year of operation by completing its merger with Hunter United Employees Credit Union. read more

The passing of the latest financial reform bill means that, from July, mortgage brokers will have to comply with responsible lending obligations and a new best interests duty. read more

Personal insolvencies fell to their lowest level since 1996 in the December 2019 quarter, with a total of 5198 people entering bankruptcy or a debt agreement. read more

When a bank or funder is forced into a mortgagee-in-possession sale, the average recovery is $96,600, or so claim paid data from Genworth shows. read more