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Farewell to Citi’s mortgage distribution team
2 May 2023

Matt Wood, the head of mortgage distribution at Citi, and several members of the third-party channel team have been made redundant following NAB’s acquisition of the banking business.

Home Guarantee expanded to enable more people to participate
1 May 2023

Permanent residents, cohabiting friends, and previous home owners will be able to access the Home Guarantee Scheme in July, the federal government has announced.

Digital bank reports lift in lending portfolio in 3Q23
1 May 2023

BNK Banking Corporation Limited has provided a trading update for the third quarter of the 2023 financial year.

Non-bank lender recruits independent director
28 April 2023

Firstmac has announced the appointment of former Westpac senior executive Craig Parker as its new independent director.

Winners of first-ever Mortgage Business Awards revealed
27 April 2023

Over 20 members of the third-party channel were chosen as the winners of the inaugural Mortgage Business Awards.

Non-major bank hits ‘record month’ for digital home loans
27 April 2023

A non-major bank has delivered another record month in digital home loans after approving over $60 million in loans.

Revealed: Who attracts the most complaints in mortgages?
26 April 2023

New data has revealed which banks, aggregators, non-bank lenders, and mortgage brokers are seeing the greatest number of complaints from borrowers.

Major bank opens $1k cyclone grant
26 April 2023

A major bank has opened applications for a $1,000 emergency grant to financially assist customers impacted by tropical cyclone Ilsa.

ACCC seeks views on issues affecting Australian savers
24 April 2023

The competition watchdog is calling on banks and bank savers to submit their views on competition and issues affecting retail deposits, as part of its pricing inquiry.

BOQ home lending growth plummets in 1H23
21 April 2023

BOQ Group reported its total housing portfolio grew by just $0.2 billion in 1H23 results, marking a more than $2 billion drop when compared with 1H22, as mortgage lending slows.