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Lender

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AMP Bank announces executive’s departure

by Reporter • 24 Jan 2018
The bank has announced that, as of 2 February 2018, its head of marketing and sales, Glenn Gibson, is no longer with... READ MORE
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Rising average loan size not a problem, says economist

by Reporter • 24 Jan 2018
According to one economist, the reported rise of the average loan size in Australia is not a cause for concern, despite... READ MORE
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Bank drops fixed rates by up to 75bps

by Reporter • 23 Jan 2018
MyState Bank has announced that it has dropped rates for new fixed rate owner-occupied home loans as well as fixed and... READ MORE
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Bank sells stake in P2P lender

by Reporter • 22 Jan 2018
Auswide Bank has announced that it has completed the divestment of its stake in personal loans P2P lender MoneyPlace,... READ MORE
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Lenders make credit policy changes

by Reporter • 22 Jan 2018
Two lenders have announced changes to their credit policies to ensure compliance with responsible lending measures,... READ MORE
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Calls for CBA to lift accreditation restrictions for mentees

by Reporter • 22 Jan 2018
A leading broker has urged Commonwealth Bank to reconsider its recently imposed accreditation changes, arguing that... READ MORE
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ANZ agrees to pay $5m fine for responsible lending breaches

by Reporter • 19 Jan 2018
A major lender has agreed to pay $5 million in penalties after its former finance subsidiary Esanda approved suspected... READ MORE
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ING prohibits resi security for commercial loans

by Reporter • 17 Jan 2018
ING has made significant changes to its underwriting guidelines for commercial loans, with the changes to come into... READ MORE
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Foreign sale of ANZ’s finance business falls through

by Reporter • 15 Jan 2018
ANZ’s attempted sale of its asset finance business UDC Finance to a foreign conglomerate will no longer take place,... READ MORE
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‘Micro-management’ of big banks drove me to broking, says lending...

by Reporter • 12 Jan 2018
According to a former big four banker, the “micro-management” and “politics” of the major banks drove him out... READ MORE