Lender

Bluestone lowers serviceability buffer
7 December 2023

The mortgage lender has lowered its serviceability buffer from 2 per cent to 1.5 per cent for certain borrowers, in a bid to help more broker clients access finance.

BOQ to address disadvantages and invest in ‘legacy issues’
6 December 2023

The lender has confirmed it will put further investment into addressing “historic” issues, including developing its digital bank offering.

ACCC made ‘fatal mistake’ in blocking ANZ/Suncorp merger: ANZ counsel
5 December 2023

The consumer watchdog has made a “fatal mistake” when it knocked back ANZ’s $4.9 billion acquisition of Suncorp Bank, the counsel representing ANZ has told the competition tribunal.

Beyond Bank appoints new CEO
4 December 2023

The former chief executive of RAMS has assumed the role of CEO at Beyond Bank.

Auswide Bank appoints next CEO 
1 December 2023

The lender has revealed its next managing director and chief executive.

CBA mortgage book holds steady in October: APRA
1 December 2023

The major bank’s loan book has recorded a slight increase, breaking three consecutive months of declines.

Dynamoney appoints new chairman 
1 December 2023

The recently rebranded SME lender has revealed its new chair following the retirement of John Murphy.

Firstmac completes $300m auto ABS issue
1 December 2023

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

Financial hardship rises for sixth consecutive quarter: NAB 
30 November 2023

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

In Memoriam: Cameron Small, 1969–2023
29 November 2023

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