Lender

The major bank has confirmed that it will not proceed with the demerger of its New Zealand business.

The Federal Court has dismissed ASIC’s application over alleged breaches of consumer credit provisions by short-term lenders Cigno and BHF Solutions.

Increased property price caps for those purchasing homes using the First Home Loan Deposit Scheme and the Family Home Guarantee from 1 July 2021 have been welcomed by industry.

CBA has sold its Australian general insurance business to South African insurer Hollard Group and entered a 15-year distribution deal.

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

The federal Treasurer has granted approval for a non-major bank to hold a controlling stake of 100 per cent in Members Equity Bank Limited.

The prudential watchdog has granted Sydney-based challenger in1bank an extension for its restricted banking licence.

The prudential regulator has written to ADIs to ensure that they are proactively managing lending risks and focusing on lending standards amid some increased risk-taking, according to the ...

As it waits for APRA to approve its acquisition of MyLife MyFinance, Challenger has flagged plans to expand the bank’s lending remit to corporate property and SME finance.

Around one-fifth of Australians have seen their household finances worsen over the year to May, but 60 per cent have reported no change, according to the Australian Bureau of Statistics.