Lender

A UK major bank has been granted a foreign banking licence to operate in Australia, with a Sydney branch set to open in April 2022.

Bridget Sakr, the co-founder of Granite Home Loans, has been named the new Liberal candidate for Strathfield.

The arrangement aims to introduce its product across OZEDI’s 50,000-plus customer base.

The competition watchdog has watched all banks who have not kept up with its open banking roll out, warning of potential enforcement actions for non-compliance.

The Productivity Commission will kick off a review into the government’s affordable and social housing scheme.

Mortgage Business is thrilled to announce the winners of the 2021 Women in Finance Awards, which was held in-person with over 550 people in attendance.

The Productivity Commission has insisted there is no “strong evidence” of parents giving large bumps to their children’s property purchases.

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

New housing loans for investors reached $9.7 billion in October, the highest level since April 2015, while owner-occupier mortgages continued to decline.

The banking association has named the major bank’s chief executive as its next chair.