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Heritage Bank drops floor rate
by Reporter • 16 Oct 2019
Heritage Bank has lowered its interest rate floor for home loan serviceability assessments from 5.75 per cent to 5.20... READ MORE
Non-bank lender launches new loan product
by Malavika Santhebennur • 11 Oct 2019
Non-bank lender Liberty Financial has announced it is piloting a new loan product for small business customers that... READ MORE
AMP merges banking and wealth division, bank CEO steps down
by Charbel Kadib • 11 Oct 2019
AMP Limited has announced it will merge its banking and Australian wealth management business units into a combined... READ MORE
Lender appoints national broker manager
by Charbel Kadib • 10 Oct 2019
SME lender OnDeck Australia has appointed Robbie Fidler to the newly created role of national broker channel manager... READ MORE
Big 4 bank cuts fixed rates by up to 40 bps
by Hannah Dowling • 10 Oct 2019
NAB has announced that it has cut fixed rates across its home loan products by between 20 and 40 basis points,... READ MORE
Resimac, Citi cut variable rates
by Hannah Dowling • 9 Oct 2019
At the beginning of this month, the Reserve Bank of Australia cut the official cash rate to a record low of 0.75 per... READ MORE
Non-major appoints interim CFO
by Malavika Santhebennur • 9 Oct 2019
MyState Ltd has appointed an interim chief financial officer (CFO) after former CFO David Harradine resigned from... READ MORE
Lenders need to ‘get with the program’ on digitised variations
by Hannah Dowling • 9 Oct 2019
NextGen.Net chief customer officer Tony Carn said he believes it is time for lenders to “get with the program”... READ MORE
Short-term lender launches in-house auditorium
by Malavika Santhebennur • 8 Oct 2019
Short-term business lender HomeSec Business Finance has announced the grand opening of a new training and conference... READ MORE
Macquarie, ING among several lenders to cut rates
by Charbel Kadib • 7 Oct 2019
Several non-major lenders have announced home loan rate reductions following the Reserve Bank of Australia’s (RBA)... READ MORE
Lenders keen on FHB loan deposit scheme consultation
by Malavika Santhebennur • 7 Oct 2019
Residential mortgage lenders have expressed strong interest in a three-week “market sounding process” conducted... READ MORE
Banks back funding financial counselling
by Malavika Santhebennur • 7 Oct 2019
The Australian Banking Association (ABA) has welcomed the release of a review into Australia’s financial... READ MORE
RateSetter joins PLAN’s lender panel
by Reporter • 4 Oct 2019
Peer-to-peer lender RateSetter has joined aggregator PLAN Australia’s panel of lenders, in a move designed to... READ MORE
Treasurer blasts big 4 for failing to pass on full cut
by Charbel Kadib • 3 Oct 2019
ANZ and Westpac yesterday announced cuts to their mortgage rates in response to the Reserve Bank of Australia’s... READ MORE
Bank MD steps down, replacement appointed
by Malavika Santhebennur • 1 Oct 2019
Bankwest has appointed the first female to lead the organisation in its 124-year history after Rowan Munchenberg... READ MORE
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