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Heartland launches digital home loan product

The New Zealand-based bank has launched its first digital home loan for owner-occupiers, and has its sights set on expanding its presence in the Australian SME market.

home loan product
Xinja suspends uptake of savings product

The neobank has ceased offering its savings product to new customers in a bid to ease funding pressures and preserve its savings rate.

Xinja Bank
Macquarie, ING, among host of non-majors to slash rates

Lenders have continued to slash their mortgage rates in response to the Reserve Bank’s latest monetary policy decision.

Macquarie, ING, among host of non-majors to slash rates
Heritage launches loan splitting product for ‘rentvesting’ FHBs

The customer-owned bank has rolled out a new offering aimed at hedging debt risks for investor FHBs.

Heritage Bank
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CBA launches new home loan initiative

The major bank has rolled out a new initiative for home loan customers, providing distressed owner-occupiers with 12 months of relief from mortgage repayments.

CBA launches new home loan initiative
Bendigo launches capital raising to fund mortgage push

The non-major is issuing new securities in a bid to fund increased investment in its home-lending business.

Bendigo CEO Marnie Banker
Turnaround times lift Macquarie, sink Suncorp

Processing times have played a key role in determining the performance of the non-majors in the mortgage market, as revealed by their financial updates to the market.

Macquarie and Suncorp
Judo Bank launches $400m capital raise

The challenger bank has launched its third round of capital raise, with the aim of raising $400 million to fund its national expansion.

Judo Bank launches $400m capital raise
CBA-owned fintech launches home-buying app

A fintech firm fully owned by the Commonwealth Bank has released an app that looks to simplify the process for customers buying a home.

home buying app
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