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May 10 2021
The lenders taking part in the FHLDS have welcomed the news of a new government-backed Family Home Guarantee scheme.
May 10 2021
Restrictions that were brought in to curb investor lending in 2017 have led to a “critical undersupply” of rental properties in capital cities, according to the group.
May 7 2021
The non-bank lender has launched an IPO at an offer price of $2.89 per share to raise $500.1 million.
May 7 2021
The shareholders of the neobank have agreed to the scheme of arrangement that would see NAB acquire all the issued share capital in the company.
May 6 2021
The big four bank has reclaimed its title as Australia’s third-largest mortgage lender after strong home loan growth, particularly from the broker channel.
May 6 2021
Bluestone, with its parent company Cerberus Capital Management, has agreed to supply fintech lender Athena Home Loans with $2 billion in funding.
May 4 2021
A mutual bank has welcomed 3,000 new members after completing its merger with a credit co-operative.
May 4 2021
Growth in owner-occupied lending bumped up the major bank’s mortgages book by $2.6 billion in 1HFY21, but this was partially offset by lower investor lending, it reported.
May 4 2021
A big four bank has said that it will donate $1 million to World Vision Australia’s India COVID-19 Appeal to help with “the unfolding health crisis” there.
May 3 2021
Investor lending grew at double the rate in March compared with February, but owner-occupied lending continued to outpace investor lending, new APRA data shows.
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