Lender

Federal government backs CFR debanking strategy
3 July 2023

The government has backed the four recommendations put forward by the Council of Financial Regulators to take action on debanking.

How mutuals are transforming their systems
1 July 2023

Summerland Bank’s partnership with nCino provides a model for smaller lenders embarking on digital transformation projects. We sit down with Summerland Bank chief executive officer John ...

NAB appoints new non-executive director
30 June 2023

The move will see Alison Kitchen depart KPMG after almost 30 years to join the major bank.

APRA slams Medibank with $250m punishment for cyber breach
28 June 2023

The prudential regulator has taken firm action against Medibank following a major cyber incident in October 2022.

Funding.com.au announces 2 new appointments
28 June 2023

The fintech has announced two appointments as it steers the company towards technological advancements.

Financial abuse perpetrators put ‘on notice’ by major banks
27 June 2023

Two major banks have updated their terms and conditions in a bid to combat customers who might be committing financial abuse.

LATEST PODCAST: Another major bank offers an alternative buffer arrangement
26 June 2023

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Non-major welcomes new board member
26 June 2023

The bank’s chair Jacqueline Hey has announced an experienced bank executive will join the bank’s board in September.

CBA announces reduced buffer alternative
22 June 2023

A big four bank has announced it will drop its serviceability buffer to 1 per cent for qualifying refinancers from Friday.

Rate Money hits $5bn in settlements
22 June 2023

The home loan provider has reached $5 billion in home loan settlements in under four years of business.