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Metro Finance names new CEO

by Ben Squires • 21 Aug 2024
Auto and equipment lender Metro Finance has announced the appointment of David Albest as new CEO, replacing founder... READ MORE

Non-bank boosts leadership team with executive appointments

by Ben Squires • 21 Aug 2024
Non-bank lender Assetline Capital has announced two executive appointments in newly formed leadership roles. Royden... READ MORE

ORDE launches Residential Construction loans

by Reporter • 21 Aug 2024
ORDE Financial has expanded its product range with the introduction of a new Residential Construction product for... READ MORE

Major bank launches new home loan for sustainable upgrades

by Ben Squires • 20 Aug 2024
Major bank Westpac is set to launch a new mortgage product that provides borrowers with discounts for making... READ MORE

Brokers will ‘absolutely be the predominant channel’ if MyState...

by Annie Kane • 19 Aug 2024
Tasmanian-based lender MyState Limited (MyState) has signed an agreement to merge with ASX-listed lender Auswide Bank... READ MORE

Arrears start to rise at major banks

by Ben Squires • 19 Aug 2024
With many lenders releasing their financial results, a growing trend is emerging: arrears rates are on the... READ MORE

Two-thirds of CBA home loans originated through direct channel

by Annie Kane • 15 Aug 2024
The Commonwealth Bank of Australia (CBA) has released its full-year results for the financial year ended June 2024,... READ MORE

Prospa acquired by Salter Brothers consortium

by Adrian Suljanovic • 14 Aug 2024
Prospa Group Limited (Prospa) has confirmed that the scheme of arrangement pursuant to Salkbridge Pty Ltd (BidCo), an... READ MORE

A ‘tactical reduction’ sees AMP’s mortgage book drop

by Adrian Suljanovic • 9 Aug 2024
Non-major bank AMP Bank has announced that a ‘tactical reduction’ in new loans written has resulted in a drop of... READ MORE

Long-term SME confidence takes a hit

by Adrian Suljanovic • 9 Aug 2024
A report commissioned by small-business lender Prospa has found that long-term confidence among small- to... READ MORE

Majors observe hawkish shift in RBA’s stance

by Adrian Suljanovic • 8 Aug 2024
The Reserve Bank of Australia’s (RBA) most recent hold in the cash rate was widely expected by the majority of bank... READ MORE

ANZ appoints new managing director, Qld

by Ben Squires • 8 Aug 2024
ANZ Group has announced the appointment of Bruce Rush as ANZ Group managing director, Queensland, a role he will fill... READ MORE

Westpac axes RAMS

by Adrian Suljanovic • 6 Aug 2024
Announced on the ASX on Tuesday (6 August), Westpac has confirmed that it will “further simplify” its business by... READ MORE

MONEYME records strong loan origination growth

by Adrian Suljanovic • 6 Aug 2024
MONEYME has announced an increase in loan originations of 25 per cent to $165 million for 4Q24, up from $133 million... READ MORE

ANZ-Suncorp merger completed

by Adrian Suljanovic • 6 Aug 2024
The long-awaited ANZ-Suncorp merger has been completed after its initial announcement in July 2022. Before gaining... READ MORE
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