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Non-major lenders extend cashback offers

Several more non-major banks have extended out their cashback offers for refinances, as lenders continue to compete for mortgage flows.

Non-major lenders extend cashback offers
Non-bank completes $2bn RMBS issue

A Brisbane-based lender has set a new record for the largest residential mortgage-backed securities issue by an Australian non-bank.

Non-bank completes $2bn RMBS issue
New ASIC chair and deputy chair appointed

The federal Treasurer has appointed a veteran financial services lawyer and former regulator to head up the financial services regulator, alongside a new deputy chair.

New ASIC chair and deputy chair appointed
ANZ forms open banking partnership

A fintech company has announced that it has signed ANZ as a client for its open banking platform.

ANZ forms open banking partnership
Major bank settles class action for $30m

A big four bank has agreed to pay up to $30 million, without any admission of liability, to settle a class action relating to life insurance.

Major bank settles class action for $30m
Suncorp sells wealth arm for $45 million

The financial services group has announced that it is selling its wealth business for $45 million as it moves to simplify its offering.

Suncorp sells wealth arm for $45 million
Aussie CEO to step down

James Symond, the CEO of major brokerage brand Aussie, is to leave the business following the imminent merger of Aussie and Lendi.

Aussie CEO to step down
Westpac earnings to dip by $280m

The lender has said its cash earnings will be reduced in 1H21 due to notable items, including write-down of goodwill related to lender’s mortgage insurance.

Westpac earnings to dip by $280m
Non-bank completes $813m warehouse facility

A newly listed non-bank lender has said that the fund will help grow its “instalments lending business”, including by expanding its BNPL platform.

Non-bank completes $813m warehouse facility
Lenders extend cashback offers

Two lenders have announced extensions on their cashback offers for purchases and refinances on home loan applications.

Lenders extend cashback offers
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