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

21 Jun 2017

Non-bank loan book hits $8bn

Non-bank lender Firstmac has reached another record achievement this month with its total loan book passing $8bn in mortgages under management.​

View article here