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A liability levy is not on the table in New Zealand. Unilaterally unpicking Westpac's whole of government banking contract might be. read more

ING Direct will boost the number of staff employed in credit assessment after service times on broker-originated mortgage refinancings blew out to several weeks. read more

Heightened prudential supervision of lending in the residential housing market has begun to generate sustained monthly falls in the value of loans made to investment borrowers. read more

Personal finance company Latitude Financial has come under fire from CHOICE, the country's peak consumer advocate, for offering heavy upfront commissions to mortgage brokers. read more

A potentially bitter public stoush is about to erupt between consumer advocates and industry groups over mortgage broker commissions.In a submission to the government this week, CHOICE is expected to.. read more

Optal Limited, one of Australia's most profitable and fastest-growing digital fintechs, has kept a low profile since it was formed in 2002 as PSP International. The company's anonymity in Europe was b.. read more

Heritage Bank will close loan administration centres in Sydney and Melbourne at the end of the month after deciding to centralise processing of broker-originated mortgages across the country. read more

Research conducted by Mozo has identified sustained price leadership as the main driver of impressive deposit gains posted this year by a clutch of regional and customer-owned banks. The latest monthl.. read more

Westpac has swung the axe on a range of alternative mortgages marketed by its Bank of Melbourne and Bank SA subsidiaries. read more

APRA has now filled all senior vacancies in its organisational revamp, paving the way for an internal candidate to replace chairman Wayne Byres whose five-year term ends in July 2019. read more