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Non-major lender adopts digital signatures
10 June 2021
Non-major lender adopts digital signatures

ME Bank has this week begun accepting digital signatures on mortgage documents and removed the requirement for brokers to send a confirmation email.

WA investor loans hit 5-year peak
10 June 2021
WA investor loans hit 5-year peak

The value of housing loans to investors in Western Australia reached $452 million in April, the highest monthly commitment in the past five years, but a new report has forecast the segment ...

PayPal launches credit card
10 June 2021
PayPal launches credit card

Online payments giant PayPal is set to roll out its first credit card in Australia, reporting user demand for physical plastic.

New home loans rise by 34.4%
9 June 2021
New home loans rise by 34.4%

APRA recorded close to $130 billion in new residential mortgage loans during the March quarter, around a third more than the year before.

Symple Loans launches Qantas points offer
9 June 2021
Symple Loans launches Qantas points offer

The fintech lender has announced that it is offering Qantas points to borrowers with their personal loans, while a non-bank lender has extended its partnership with the airline.

Westpac Group lifts fixed rates
9 June 2021
Westpac Group lifts fixed rates

Westpac Group has announced hikes to its two- and three-year fixed interest rates for owner-occupier loans, adding that the decision “has not been taken lightly”.

BNK Bank appoints non-executive director
8 June 2021
BNK Bank appoints non-executive director

The non-major bank has appointed a banking, technology, and telecommunications executive as a non-executive director, effective 17 June.

Big 4 offer Vic lockdown support measures
8 June 2021
Big 4 offer Vic lockdown support measures

The major banks have announced support measures aimed at customers in Victoria who have been affected by the latest COVID-19 lockdown.

LATEST PODCAST: Mortgage activity smashes records
7 June 2021
LATEST PODCAST: Mortgage activity smashes records

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

Loan commitments continue record streak
7 June 2021
Loan commitments continue record streak

New housing loan commitments soared to a record high of $31 billion, but construction loans for new dwellings recorded their second monthly fall since the launch of HomeBuilder, according to ...