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.  

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21 Jun 2017

Brokers help Firstmac hit $8bn milestone

The Brisbane based non-bank lender has grown its loan book to more than $8 billion in mortgages under management.

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