Lender

All four major banks, alongside a handful of non-major and non-banks are part of a group of organisations to donate $7.75 million towards financial counselling services.

The major bank recorded a rise in its home loans for the three months to March 2023.

The major bank wrote almost $50 billion in new home loans in 1H23, with the proprietary channel originating less than half of new flows.

Mortgage brokers originated 64 per cent of ANZ’s new mortgages in 1H23, up 11 percentage points on the same period last year.

Home loans now make up 35 per cent of the lender’s asset portfolio, with growth driven by lower loan-to-value and owner-occupier lending.

The big four banks have passed on the central bank’s rate hike for May, as mortgage holders brace for higher repayments.*

The former chief executive of MyState Ltd is set to join the non-major bank as its new CEO later this month.

The firm is planning to expand its credit investment platform into the US and launch the new MA Global Private Credit Fund on the back of the acquisition.

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.

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