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Non-major bank injects millions into fintech lender
13 September 2021
Non-major bank injects millions into fintech lender

A mutual lender has extended its partnership with Athena Home Loans, investing an additional $250 million into the lender.

MORTGAGE AND FINANCE LEADER: Breaking the stigma surrounding mental health with David Coleman, Assistant Minister for Mental Health and Suicide Prevention
9 September 2021
MORTGAGE AND FINANCE LEADER SPECIAL EPISODE: Breaking the stigma surrounding mental health with David Coleman, Assistant Minister for Mental Health and Suicide Prevention

This year's R U OK? Day serves as an important reminder to open up the conversation on mental health, both in the workplace and at home, according to David Coleman, member for Banks and ...

Refinances hit record highs in August: PEXA
9 September 2021
Refinances hit record highs in August: PEXA

Refinance levels surpassed the previous record set in 2020 to reach a new high in August 2021, according to PEXA.

Forced coal lending could hit mortgage costs: Banks
8 September 2021
Forced coal lending could hit mortgage costs: Banks

Forcing banks to lend to fossil fuel producers could affect their cost of capital and resulting loan prices, according to a big four executive.

Suncorp announces BNPL offering
7 September 2021
Suncorp announces BNPL offering

The non-major bank has confirmed it will launch a Visa-backed buy now, pay later offering – PayLater – in November.

NAB partners with doctors’ mutual
6 September 2021
NAB partners with doctors’ mutual

The major bank has joined hands with a medical defence organisation and its lending subsidiary to provide business finance solutions to healthcare professionals.

RBNZ consults on mortgage lending limit
6 September 2021
RBNZ consults on mortgage lending limit

The New Zealand central bank has invited feedback on its intentions to further tighten mortgage lending standards, amid concerns around a rise in high LVR loans.

AMP reshuffles execs ahead of demerger
3 September 2021
AMP reshuffles execs ahead of demerger

The group has restructured its leadership, with changes including the elevation of the bank’s managing director to the executive committee.

Refinancing reaches record high: ABS
3 September 2021
Refinancing reaches record high: ABS

Loan refinancing commitments exceeded a record $17.0 billion in July and were 60.0 per cent higher compared to a year ago, according to new data.

Home loan arrears largely untouched by COVID: S&P
3 September 2021
Home loan arrears largely untouched by COVID: S&P

The pandemic and ongoing lockdowns have had little effect on debt serviceability in Australia so far, according to a new report.