Barca loan star cops ‘longest ever’ ban for ref rampage

Barca loan star cops ‘longest ever’ ban for ref rampage

TURKISH football authorities on Thursday banned the country’s best known player Arda Turan, on loan at Super Lig contenders Basaksehir from Barcelona, for a record 16 games after he shoved and verbally abused a referee. Turan — who will now miss the last two rounds of this season and almost …

Bank regulator relaxes lending ‘speed limit’ as boards made more accountable for loan standards

Bank regulator relaxes lending ‘speed limit’ as boards made more accountable for loan standards

Posted April 26, 2018 12:10:14 Photo: Investor credit growth limits are “redundant”, says one analyst (ABC News: Stephen Letts) Despite conceding that risks in the property market remain “heightened”, the key bank regulator will remove the speed limit on investor lending. Key points: APRA is targeting the quality of home …

Instant cash loan machines may target most vulnerable with quick dollars, financial counsellor says

Instant cash loan machines may target most vulnerable with quick dollars, financial counsellor says

Posted April 26, 2018 06:22:59 The emergence of instant cash loan machines across parts of New South Wales has sparked fears about low-income families being potentially caught in a debt trap. The machines, which look like ATMs, only require identification and bank details before users are approved for cash loans …

Westpac home loan expenses tests toughened to weed out liar loans

Westpac home loan expenses tests toughened to weed out liar loans

Updated April 11, 2018 15:59:23 Australia’s second biggest home lender is further tightening lending standards by asking more detailed questions about exactly how much prospective loan customers spend and on what. Key points: Westpac is increasing expenses categories from six to 13 The bank wants staff and brokers to probe …

Borrowing crackdown could mean an $80k income makes you eligible for a $200k loan

Borrowing crackdown could mean an $80k income makes you eligible for a $200k loan

Posted April 06, 2018 15:42:23 Analysts are telling us the banking royal commission has got off to a more “severe” start than expected. The focus? Irresponsible lending. One of the ways banks could be forced to reign that practice in is by changing the way they assess would-be homebuyers for …

Banking royal commission: Westpac’s ‘unacceptable’ car loan policies under spotlight

Banking royal commission: Westpac’s ‘unacceptable’ car loan policies under spotlight

Posted March 21, 2018 20:06:02 Westpac has told the banking royal commission a Bank of Melbourne car loan granted to a carer in 2012 which she could not afford to pay back would not have been approved today. Key points: Nalini Thiruvangadam earned $350 per fortnight and was signed up …