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Total bank loans near $3 trillion, finds APRA
1 December 2021
Total bank loans near $3 trillion, finds APRA

The value of total residents loans and finance leases rose to just under $3 trillion in October, with housing loans up at $1.9 trillion, new APRA stats show.

Suncorp BNPL product hits market
30 November 2021
Suncorp BNPL product hits market

The non-major bank has now launched its buy now, pay later offering, becoming the latest lender to offer the service.

Prime home loan arrears continue decline: S&P Global
26 November 2021
Prime home loan arrears continue decline: S&P Global

Overdue mortgage debt has travelled downwards for the fourth month in a row, according to a new report by the credit ratings agency.

Mutuals step up mortgage lending
26 November 2021
Mutuals step up mortgage lending

The property market boom has boosted the home loan businesses of Australian mutual banks, according to a new analysis.

ScotPac breaks into mortgages
25 November 2021
ScotPac breaks into mortgages

The non-bank lender has launched into residential mortgage lending as it expands its product suite and offering to SMEs.

WLTH launches capital raise ahead of merger
24 November 2021
WLTH launches capital raise ahead of merger

Non-bank lender WLTH has officially launched a $15 million funding round as it looks to close a corporate merger deal with a payments platform.

Adatree unveils first COO
19 November 2021
Alex Scriven

The open banking fintech has hired its inaugural chief operating officer, appointing the former Equifax head of open data products and strategy.

Home loan price war hits CBA’s margins
18 November 2021
Home loan price war hits CBA’s margins

The big four bank has recorded a “considerably lower” net interest margin in the last quarter, despite gaining $10.1 billion in new home loans.

Digital lenders indicate mortgage industry blind spots
17 November 2021
Digital lenders indicate mortgage industry blind spots

A neobank and two fintech lenders have pointed to problem areas in the home loan process, which they believe are holding the industry back.

Lender announces significant rate cut
16 November 2021
Lender announces significant rate cut

Promoted by Capital Bridging Finance. With fixed-rates home loans on the rise, one lender is bucking the trend with a 25-basis point reduction.