Search Results | Showing 81 - 90 of 433 results for "Home loan" |
| | | Despite all the challenges of 2020, ME Bank has managed a positive full year result with the bank determined to stick to its simple model. The bank had a statutory NPAT of $80.8 million in 2020, up 20% on last year's results. Its underlying NPAT was ... |
| | | | Australian banks will commence contacting the group of customers who have not resumed paying loans a result of the pandemic, according to the Australian Banking Association (ABA). Around 450,000 loan deferral customers will be assessed in September ... |
| | | | ... ratio of collective provisions to credit risk weighted assets lifted by 7 bps to 1.28% in June, NAB said, with increased home loan delinquencies seeing the ratio of 90+ days impaired assets increase by 9bps to 1.06%. While 16% of home loan deferral customers ... |
| | | | ... broker from engaging in credit activities, after the corporate watchdog found he had falsified a letter of approval for a home loan. Jeffry Leonard Gordon has been barred from the industry and his Australian credit licence has been cancelled. ASIC commenced ... |
| | | | ... (down 7.2%) and South Australia (up 1.2%)." On a one-year basis, the ACT remained in the top spot with the value of home loan commitments up 21%. The ACT also recorded the highest rate for dwelling starts, ahead of Tasmania and South Australia. "Home ... |
| | | | ... 2015 the bank failed to properly assess whether borrowers could meet their repayment obligations before entering into home loan contracts. In August 2019, the Federal Court found Westpac had not breached the responsible lending provisions of the Credit ... |
| | | | ... sector, particularly the big four banks, are set to underperform over the coming months, with mounting business and home loan deferrals to blame. That's according to T. Rowe Price head of Australian equities Randal Jenneke, who recently revealed ... |
| | | | ... declined, with buyers needing to dedicate a further 2.9%, 0.4% and 0.2% of their incomes respectively for the average home loan. Rental affordability also improved in the March quarter, with the proportion of income required to meet rent payments decreasing ... |
| | | | Liberal MP Tim Wilson has asked to recall ME Bank to the House of Representatives Standing Committee on Economics after correspondence with ASIC for a hearing later this week. During ME Bank chief executive James McPhee's appearance at the last ... |
| | | | ASIC has announced it has secured $160 million in remediation for consumers sold junk credit insurance from 11 major banks and lenders between 2011 and 2018. These include offerings from ANZ, Australian Central Credit Union, Bank of Queensland, Bendigo ... |
|