Lender

The government-backed low deposit lender has promoted its chief financial officer to the role of chief executive.

The non-major banking group has confirmed that it will welcome a new group chief commercial officer in early 2022.

The reverse mortgages group has hired a new chief operating officer, to commence towards the end of the year.

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New home loans have declined nationally since July but were up almost 40 per cent year-on-year to August, indicating continued strong consumer demand, a new report has found.

The Australian fintech has announced the addition of a new senior BDM role devoted to the strategic direction of business development.

New figures have shown that COVID-19-related loan deferrals more than doubled between July and August, with the highest proportion in NSW.

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

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

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