Original article by Nick Lenaghan
The Australian Financial Review – Page: 38 : 11-Aug-15

Westpac CEO Brian Hartzer has warned mortgage brokers that certain of their lending practices may attract the attention of regulators. He said on 10 August 2015 that it is essential to make sure that customers are able to service their loans. Aussie Home Loans founder John Symond is concerned about the risk of over-regulation. He claims that additional compliance is already extending the process of assessing the loan application by 30 minutes.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, AUSSIE HOME LOANS LIMITED