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More Australian fintechs focusing on lending

The proportion of Australian fintechs focusing on lending has grown to 29 per cent of all fintechs, up from 21 per cent last year.

More Australian fintechs focusing on lending
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BNK’s loan book hits $50bn

The ASX-listed bank has reported strong third-party-driven loan book growth over the first few months of the new financial year.

BNK’s loan book hits $50bn
Resimac slashes mortgage rates

The non-bank lender has announced residential mortgage rates cuts of up to 30 bps.

Resimac slashes mortgage rates
RBA backs stimulatory impact of expanded TFF

The central bank is expecting lenders to exhaust the $200 billion in low-cost funding offered via the term funding facility, helping to accelerate the recovery from the COVID-19 crisis.

RBA backs stimulatory impact of expanded TFF
Westpac forms partnership with Afterpay

The partnership will provide Afterpay customers with access to Westpac’s transaction and savings accounts, and cash flow management tools.

Westpac forms partnership with Afterpay
Thinktank closes $600m CMBS

The non-bank lender has announced its largest commercial mortgage-backed securitisation to date.

Thinktank closes $600m CMBS
CBA bolsters business banking strength

The major bank has announced that it is more than doubling the number of local business bankers in branches across Australia.

CBA bolsters business banking strength
AMP acting CEO joins FSC board

The industry body has announced that AMP Australia’s acting CEO will join its board as a director.

Blair Vernon
Suncorp appoints new NZ CEO

The banking and wealth giant has appointed a new chief executive to lead its New Zealand division.

Suncorp appoints new NZ CEO
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