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Bank director steps down
by Hannah Dowling • 30 Jul 2019
Susan Campbell, a Melbourne-based director of Heritage Bank, has now stepped down from the role that she has held... READ MORE
Major banks slash fixed rates by up to 96 bps
by Charbel Kadib • 29 Jul 2019
ANZ and the Commonwealth Bank of Australia (CBA) have reduced fixed rates across their owner-occupied and investment... READ MORE
Lenders can’t ‘abdicate’ distribution responsibilities to...
by Annie Kane • 26 Jul 2019
The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019 was... READ MORE
Citi changes expense verification method
by Reporter • 26 Jul 2019
Citi has announced that it has replaced the use of the Henderson Poverty Index benchmark with the new Household... READ MORE
New lender joins Connective panel
by Hannah Dowling • 25 Jul 2019
Connective brokers will now have access to Cashflow Finance’s products, which enable small- to medium-sized... READ MORE
NAB revises home lending policy, undercuts big four peers
by Charbel Kadib • 23 Jul 2019
NAB has lowered its interest rate floor to 5.5 per cent and increased its interest rate buffer to 2.5 per cent,... READ MORE
Heritage Bank pulls CCI product
by Annie Kane • 23 Jul 2019
Heritage Bank has announced that it has made an “interim decision” to pull its consumer credit insurance product... READ MORE
Mutual bank drops interest rates
by Annie Kane • 23 Jul 2019
The banking group – including Firefighters Mutual Bank, Health Professionals Bank, Teachers Mutual Bank and Uni... READ MORE
Resimac bolsters third-party team
by Reporter • 23 Jul 2019
Resimac has appointed four new business development managers (BDMs), two of which will be based in Melbourne, with... READ MORE
Major bank reduces savings rates
by reporter • 22 Jul 2019
On Friday (19 July), Westpac reduced its savings rates by 15 basis points for eSaver accounts and up to 20 basis... READ MORE
NAB announces new CEO
by Annie Kane • 19 Jul 2019
The New Zealand-born Ross McEwan has been CEO of Royal Bank of Scotland since 2013 but announced his resignation from... READ MORE
Peer-to-peer lender joins AFG panel
by Hannah Dowling • 19 Jul 2019
From Monday, 22 July, AFG’s 2,900 broker members will have access to the peer-to-peer lender’s product suite,... READ MORE
Outlook strengthens for house prices and rents, finds NAB
by Annie Kane • 18 Jul 2019
On Wednesday (17 July), the major bank released the NAB Residential Property Survey Q2 2019, which surveyed more than... READ MORE
SME lender joins FAST panel
by Hannah Dowling • 18 Jul 2019
FAST has welcomed online SME lender OnDeck Australia to its lender panel, enabling its 1,300 broker members to offer... READ MORE
New lender joins Mortgage Choice’s panel
by Reporter • 16 Jul 2019
Qudos Bank – formerly known as Qantas Credit Union – has joined Mortgage Choice’s lender panel, in a move... READ MORE
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