Lender

Rate Money reaches $7bn settlement milestone
9 February 2024

The mortgage manager has surpassed $7 billion in settlements since launching five years ago.

Brighten reduces buffer, enhances policy to improve serviceability
8 February 2024

The non-bank lender has reduced its serviceability buffer and made some changes to its policy in a bid to address serviceability concerns.

NAB announces change of CEO
7 February 2024

The big four bank has revealed that it will welcome a new group chief executive on 2 April.

Construction loan volumes hit record low in 2023
6 February 2024

Just 32,116 construction loans were issued to owner-occupiers in 2023, the lowest number ever recorded, according to new data.

Resimac welcomes new CFO
6 February 2024

The chief executive of the non-bank lender has announced the lender’s next chief financial officer.

Largest mutual bank senior debt deal raised
5 February 2024

A $400 million medium-term note transaction has been raised by a mutual lender, the largest deal of its kind by an Australian mutual.

2 banks announce intention to merge
2 February 2024

The two customer-owned lenders are exploring a merger in a bid to benefit from economies of scale and create “Australia’s leading purpose-driven bank”.

All 4 majors see loan book growth
1 February 2024

The major banks have recorded the first month of positive loan book growth across the board since July 2023.

Major bank handed maximum penalty for unconscionable conduct
31 January 2024

The big four bank has been ordered to pay the maximum penalty for unconscionable conduct in relation to an interest rate swap transaction.

Lenders open financial assistance for Cyclone Kirrily
30 January 2024

Lenders have begun offering emergency assistance for those impacted by extreme weather events in North Queensland.