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The non-bank lender has completed its second-ever auto ABS transaction at $300 million.

The central bank’s rate hikes appear to be working as intended to mitigate inflation, CreditorWatch’s chief economist has said.

The major lender has found the number of Australians who have experienced financial hardship rose to 44 per cent in Q3 2023.

The Minns government has announced plans to tackle housing supply issues by fast-tracking the creation of new homes.

Cameron Small, a long-serving member of the finance industry and experienced CFO, has passed away at the age of 54.

Following the merger of Heritage Bank and People’s Choice Credit Union, the mutual lending group has unveiled what its new name will be.

This week, legislation to create the federal government’s shared equity scheme for home ownership will be introduced to Parliament.

The neo-lender has acquired the mortgage manager in a move to “create greater competition” and a broader range of solutions for brokers and their clients.

The fintech lender has entered a strategic partnership with a major bank to launch a new car and electric vehicle loan.

The income needed to service new mortgages on the average dwelling value has increased year on year, a new report has found.

The majority of borrowers have remained resilient in the wake of rising interest rates, the credit ratings reporter has found.

The lender’s outgoing MD has flagged ongoing cost pressures in mortgage lending, adding he was “relieved” the bank did not offer cashbacks.

The newly appointed deputy governor of Australia’s central bank has more than 30 years of experience with the Bank of England.

The customer-owned bank has revealed it is overhauling its loan origination system and looking to grow its broker presence as it builds its book.

A fraud protection endeavour has been launched, including a $100 million investment to create a new confirmation of payee system.