Lender

The non-bank lender has announced the appointment of a former Aussie executive as its new general manager, mortgages and commercial lending. 

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

The banks have launched an extended national relief package for businesses and consumers hit by COVID-19 restrictions, including support around home loans.

The state government has confirmed that it will continue with its current income limits for the Keystart home loans scheme for another year.

NAB is investing in a $100-million branch transformation program and opening four new-format branches in NSW and Victoria, coinciding with several branch closures.

AMP’s asset management business has sold its global equity and fixed income arm to Macquarie Group.

The regulator has granted a restricted ADI licence to a digital personal lender, making it one of two restricted ADIs in Australia.

The chairman of BNK Banking Corp has resigned, prioritising his work as chief of a business lender.

Westpac has sold its New Zealand life insurance business for $373 million, after offloading its local general insurer for $725 million.

New housing loan commitments rose to a record high of almost $33 billion, driven by a spike in investor lending to the highest level since 2015, new data has shown.