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Non-majors lift mortgage and savings rates
10 June 2022
Non-majors lift mortgage and savings rates

After the big four lifted rates by 50 bps, several non-majors have followed suit hiking rates on both mortgages and savings.

ANZ Institutional confirms executive leadership additions
10 June 2022
ANZ Institutional confirms executive leadership additions

The banking group has named two executives to oversee its commodities and environmental markets as it aims to expand its sustainability strategy.

Bank Australia flags discounts for greener homes
9 June 2022
Bank Australia flags discounts for greener homes

Bank Australia has announced it will provide discounts on newer homes with an energy rating of more than 7.5 stars, as interest rate hikes sting borrowers.

Major banks pass on 50-bp rate hike
8 June 2022
Major banks pass on 50-bp rate hike

The big four banks have all announced that they will increase home loan variable interest rates by 0.50 per cent per annum for new and existing customers.

BNK set to break into commercial
8 June 2022
BNK set to break into commercial

The ASX-listed mortgage lender has announced plans to diversify into commercial lending and overhaul its technology offering.

Lenders roll out cost-of-living incentives to tempt mortgagors
7 June 2022
Lenders roll out cost-of-living incentives to tempt mortgagors

ANALYSIS Mortgage lenders are increasingly offering sweeteners to mortgagors that specifically target cost-of-living concerns, as refinancing competition heats up.

Majority of ANZ mortgage hurdles still checked manually
7 June 2022
Majority of ANZ mortgage hurdles still checked manually

ANZ’s retail head has revealed there are more than 1,300 obligations the bank must clear before approving an average mortgage – but many are still assessed by hand.

Pepper prices 1st social bond
6 June 2022
Pepper prices 1st social bond

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

Lenders ranked in annual independent broker survey
3 June 2022
Lenders ranked in annual independent broker survey

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 ...

Heartland completes StockCo Australia acquisition
3 June 2022
Andrew Dixson

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