RBA warns the banks ‘don’t be stingy’ (2GB Money News)

The Reserve Bank of Australia has warned banks to loosen up their lending practices when approving home loan applications. Firstmac CFO James Austin tells Ross Greenwood bank staff need to be more consistent when granting credit.  

Click here to read and listen 

Read more…

Recent articles

13 Nov 2017

Brokers ‘are working harder than ever’ (The Adviser)

A new report reveals that non-bank lenders including Firstmac have increased their market share and gained further traction with the third-party channel.

View article here