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Mastercard extends BNPL offering to lenders
1 October 2021
Mastercard extends BNPL offering to lenders

The US payments giant has rolled out infrastructure allowing banks and lenders to offer buy now, pay later products across its network.

Thinktank to ramp up RMBS issuances amid strong market
30 September 2021
Thinktank to ramp up RMBS issuances amid strong market

The non-bank lender intends to follow its inaugural RMBS issuance with more next year, given the ongoing demand from investors for these transactions.

Lender economists ‘surprised’ by lending changes rumours
29 September 2021
Lender economists ‘surprised’ by lending changes rumours

Economists from NAB and Bluestone Home Loans have voiced surprise at the growing indications that lending curbs may soon be brought in.

BOQ looks to reverse ME lending fall
29 September 2021
BOQ looks to reverse ME lending fall

Bank of Queensland has outlined its growth strategy for ME Bank’s home lending after its book was squeezed in the 2021 financial year.

Should lending be limited to 6x income?
28 September 2021
Should lending be limited to 6x income?

OPINION: Debt-to-income ratio limits: do they help, or hinder? With the average property in Australian capital cities now over $700,000, limiting “high” DTI loans could put home ownership ...

Westpac to begin offering SME recovery scheme
28 September 2021
Westpac to begin offering SME recovery scheme

The major bank has expanded its SME Recovery Loan Scheme offer to small businesses impacted by the pandemic, effective 1 October.

ANZ announces new cashback offer deadline
28 September 2021
ANZ announces new cashback offer deadline

The major bank has once again extended its cashback and drawdown deadlines.

Align with net zero or spike lending costs: Treasurer
27 September 2021
Align with net zero or spike lending costs: Treasurer

Treasurer Josh Frydenberg has backed the net-zero emissions by 2050 target, warning failure to comply will hurt banks’ access to capital and raise borrowing costs.

Former Barclays head appointed Westpac NZ CEO
27 September 2021
Former Barclays head appointed Westpac NZ CEO

The major bank has named the former head of channels at Barclays Group as the new chief executive of its New Zealand division.

OnDeck secures $30m via ABSF
24 September 2021
OnDeck secures $30m via ABSF

The Australian Office of Financial Management will allocate $30 million to the small-business lender under the government’s securitisation fund.