Investor property lending surges

The latest housing finance figures show that investor demand for finance is still strong, despite warnings from the regulator that growth needs to be restrained and moves by banks to tighten underwrit.. read more

RateSetter to offer secured loans

Peer-to-peer lender RateSetter will expand its product range to include secured personal loans, following approval from the Australian Securities and Investments Commission. read more

Westpac puts LOLA on the job

Challengers like OnDeck and ThinCats are not the only lenders using customer data and automated credit assessment systems to approve loans for small business borrowers. Westpac is getting into the act.. read more

Macquarie stumbles with credit card play

Macquarie Group is in the process of turning its personal banking unit into a full-service retail bank, as it seeks to take advantage of its runaway success in the mortgage market, as well as strong g.. read more