Economy

A non-major lender has said that a $129 million drop in its loan book was driven by slowed credit growth, conservative liquidity management and increased flows to non-banks.

Non-bank lenders are serving as a “buffer” in the housing market by servicing borrowers that have been turned away by banks amid tighter credit policies, according to ANZ Research.

The peer-to-peer lender has been commissioned to deliver the CEFC’s $100 million loan financing scheme in South Australia.

An online mortgage broking firm has appointed Anthony Justice as its new chief executive.

Open banking and data sharing will be “beneficial” to customers, several challenger banks have said, but banks will need to demonstrate value to customers in order for these to be truly ...

The federal government has introduced legislation into Parliament that would see harsher penalties administered for corporate and financial sector misconduct.

An online mortgage origination platform has announced the appointment of a new chief marketing officer.

A leading figure from the machine learning, artificial intelligence and business consulting arena has suggested that machine learning and big data technology will “augment” rather than ...

Australia’s housing supply outlook is varied, with the level of supply lingering on either end of the spectrum depending on location, according to the latest research from Propertyology.

The changing role of banks and technological innovation mean that the biggest challenge facing banks is adapting quickly but safely, the CEO of ANZ has said.