Lender

Former New Zealand prime minister Sir John Key will be retiring from his position as chair of the ANZ New Zealand board next month.

The 15th annual Third-Party Lending Survey has launched, with mortgage and finance brokers being called up to review the performance of lenders this past year.

The non-major bank has surpassed $14 billion in financial assets while reporting a decrease in residential loans due to a rise in discharges.

Non-major bank sees growth in low-risk owner-occupied mortgages, with arrears rates remaining below the industry average.

The major bank has revealed that the majority of its home loan customers are ahead of their mortgage repayments.

Pepper Money Australia has priced its first residential mortgage-backed security (RMBS) for 2024.

Mortgage arrears are slowly rising at the major bank, but business lending arrears have improved, according to new NAB data.

Pepper’s former GM for mortgage and commercial lending has been appointed as the managing director of Pepper Advantage UK.

The Australian Competition Tribunal has overturned the ACCC’s decision to block the ANZ-Suncorp merger – giving it the green light to proceed.

The Australian Competition Tribunal will hand down its determination relating to ANZ’s proposed acquisition of Suncorp Bank today.