Lender

While the Commonwealth Bank has halted regional bank closures, Westpac and NAB said more will come under the chopping block.

Details of the inquiry into how banks set interest rates for savers and home loan borrowers have been revealed by the competition watchdog.

The major bank has emerged on the buy now, pay later scene as the sector faces growing regulatory pressure.

Home loan and savings rates continue being adjusted after the latest 25-bp cash rate rise, non-major banks have announced.

The major bank’s chairman Paul O'Sullivan announced that Graham Hodges has joined the ANZ board as a non-executive director, effective immediately.

The bank has reported a 5.2 per cent increase in home lending for its 2023 financial half-year results.

Qantas has launched a white label mortgage offering through its money service, Qantas Money, giving borrowers up to 100,000 Qantas Points per year.

The lender’s mortgage book continued to increase in the three months to December, despite its banking business arm reporting a fall in car lending.

Alex Bank has launched term deposits, which it says marks “a crucial turning point” in its lending growth journey.

The major bank has announced its strategic investment in the property media and technology company View Media Group.