Lender

The non-bank lender has raised $300 million for its first social bond, which will finance loans that deliver positive social outcomes. 

The results of Momentum Intelligence’s 2022 Third-Party Lending survey of residential mortgage brokers have been released, revealing which lenders are the best-performing in the third-party ...

The reverse mortgage provider has confirmed its $154.4 million purchase of the agri lender, expanding its overall presence in Australia.

It’s been one year since the merger of Aussie and Lendi to form Lendi Group, and the benefits have already flowed in the brokers’ direction, as they harness the combined strength of the ...

NAB’s efforts to secure Citigroup’s Australian consumer bank for $1.2 billion have come to fruition.

The major bank has recorded another drop in its owner-occupied book after falling by around $300 million in April, according to APRA stats.

Although higher mortgage rates will bring in more earnings for the banks, S&P has warned the mutual sector will still be slapped down by competition and elevated funding costs.

Two of Australia’s big four banks have tightened their debt-to-income threshold amid rising interest rates.

The non-major bank has bumped up its investment in digital features for brokers, signalling that it is set to roll out online ID checks and auto-credit decisioning.

BT personal and corporate super are to merge with Mercer, and Advance Asset Management is to be sold, as Westpac shakes up its super businesses