Lender

Mar 30 2020

According to data analysis agency GlobalData, one in four ADIs could exit the market within the next five years, as unemployment levels rise, and credit appetite dissipates.

Mar 27 2020

Asset finance group Consolidated Operations Group has announced that it will “scale back” its equipment leasing but will continue its asset finance broking operations.

Mar 26 2020

A non-bank’s proposed acquisition of a Queensland-based lender has fallen through after Treasurer Josh Frydenberg deemed it was not in the national interest.

Mar 25 2020

A non-bank lender has repriced its offerings, revised its serviceability policy and withdrawn a product in response to the economic fallout from the coronavirus.

Mar 25 2020

The economic impact of the coronavirus outbreak will only be “partly offset” by the recent injection of fiscal stimulus, according to ANZ Research.

Mar 23 2020

The non-major bank has successfully completed its share purchase plan, which will reportedly help sustain growth in its residential mortgage business.

Mar 20 2020

The federal government, the Reserve Bank and APRA have announced a wave of new measures to stimulate the flow of credit in the domestic economy and “cushion the blow” dealt by the ...

Mar 19 2020

The Commonwealth Bank has announced reductions of up to 100 bps on its credit products and revised its home-lending policy in response to the Reserve Bank’s emergency cut.

Mar 18 2020

A Melbourne-based fintech has partnered with a bank to launch new mortgage offerings processed via its digital platform.