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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07 Jun 2017

Non-bank boss urges brokers to ‘reinvent’ themselves

The head of one of Australia’s largest non-bank lenders says there is a “revolution going on” in mortgage broking right now and that industry players must adapt and keep pace with change.

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