Lender

A new chief and chair are set to steer Tassie lender MyState into its next chapter from the end of this week.

While a multibillion-dollar cost of living package formed the centrepiece of the federal budget, new research reveals one in three borrowers are on the brink of financial stress.

The prudential watchdog has expressed concerns about “excessive tenure” on mutual banks’ boards, with the average director sitting for at least a decade.

The lender has named PwC Australia as the delivery partner that assisted in the development of this arrangement with nCino.

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

Suncorp is set to close a number of branches, with rival Heritage Bank blasting the move and claiming it is “placing profit ahead of customers”.

The non-bank has confirmed this second public securitisation for the year brings its total public market funding to $1.5 billion.

Mortgage marketplace Funding has recruited its first chief revenue officer, as it ramps up for growth.

  Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 25 March. You can read the full stories here: Housing affordability inquiry says ...

Beyond Bank and South West Credit have confirmed there is only one hurdle left for their consolidation, after the majority of the credit union’s members voted yes.