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New small business minister named in cabinet reshuffle
31 March 2021
New small business minister named in cabinet reshuffle

The federal government has announced a new minister for small and family business as Prime Minister Scott Morrison reshuffles his cabinet and promotes more women.

Westpac announces latest BaaS partner
31 March 2021
Westpac announces latest BaaS partner

The major bank has selected Melbourne-based FrankieOne as its identity infrastructure provider for the major bank’s new banking-as-a-service platform.

LATEST PODCAST: REA Group’s proposed acquisition of Mortgage Choice; record-breaking auction numbers
29 March 2021
LATEST PODCAST: REA Group’s proposed acquisition of Mortgage Choice; record-breaking auction numbers

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

Major bank recruits 134 new small-business bankers
29 March 2021
Major bank recruits 134 new small-business bankers

NAB has welcomed 134 mobile business bankers to its ranks, and will bring in another 70 before the end of the year, as it works to broaden its credit support for SMEs.

RedZed prices largest RMBS transaction to date
29 March 2021
RedZed prices largest RMBS transaction to date

The specialist lender has priced a $550-million residential mortgage-backed securities transaction, its first of the year and largest to date.

Westpac Group to close dozens of branches
26 March 2021
Westpac Group to close dozens of branches

The major bank is closing dozens of branches and relocating 300 jobs to Victoria as it moves to digital channels.

Westpac mulls further business sale
25 March 2021
Westpac mulls further business sale

The major bank has said that it is assessing the viability of another business arm, as part of a simplification strategy that has already seen its Asian and wealth-related businesses on the ...

Major banks offer flood relief, assistance
25 March 2021
Major banks offer flood relief, assistance

The big four banks have announced disaster relief funds and emergency assistance to customers and businesses who have suffered damage or loss because of the floods in NSW.

ASIC blasts banks for slow remediation
24 March 2021
ASIC blasts banks for slow remediation

The regulator has said that it is “very frustrated” by the speed at which the big four banks are returning money to customers in their advice remediation programs.

Lenders offer loan relief for flood victims
23 March 2021
Lenders offer loan relief for flood victims

Customers affected by the NSW floods are being offered loan repayment deferrals, among other forms of financial relief, as more heavy rain is forecast.