Applying tighter credit policies across 100% of the market in attempt to address a concern in 20% of the market is akin to a doctor prescribing antibiotics to an entire classroom because one kid has a chest infection.
Investor borrowers will find it more challenging to secure finance in the coming months as we'll see tighter lending criteria, says Joe Sirianni.
In a competitive mortgage market, Adelaide Bank cuts its variable rates.
Heightened scrutiny of bank lending to investors could be on the way amid a property boom.
Customer satisfaction levels highest with Commonwealth Bank, says Roy Morgan Research.
Queensland firm expands into financial planning, mortgage and legal services.
ABS to adjust first home buyer loan estimates after investigation.
CBA offering its lowest-ever fixed mortgages.
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