Lender

Genworth CFO resigns
17 September 2021
Genworth CFO resigns

The LMI provider has announced a new CFO following the resignation of its current CFO, effective 24 September.

High repayments squeeze Heritage loan growth
16 September 2021
High repayments squeeze Heritage loan growth

A high rate of loan repayments through the pandemic has somewhat slowed the growth of Heritage Bank’s book, despite a surge in approvals.

Heritage loan book grows amid merger talks
16 September 2021
Heritage loan book grows amid merger talks

Heritage Bank has seen an uptick in lending in the past year, as its board continues to mull a merger with People’s Choice.

Pulse members back Teachers Mutual merger
16 September 2021
Pulse members back Teachers Mutual merger

An overwhelming majority of Pulse Credit Union members have supported the proposed deal with Teachers Mutual Bank Ltd, with the two companies now looking to merge in November.

‘Loyalty tax’ costs borrowers $9bn, finds neo-lender
14 September 2021
‘Loyalty tax’ costs borrowers $9bn, finds neo-lender

Three-quarters of borrowers are angry that new mortgagors typically receive lower rates, according to new research, with the “loyalty tax” estimated to cost $9 billion.

$3k cashback introduced by P&N
14 September 2021
$3k cashback introduced by P&N

Both new and refinancing customers of the non-major bank could be eligible for a $3,000 cashback offer.

Join more than 4 million Australians who choose customer owned banking, where the profits are used to benefit you
13 September 2021
Join more than 4 million Australians who choose customer owned banking, where the profits are used to benefit you

Promoted by Qudos Bank The Customer Owned banking sector is worth over $117billion dollars in assets with over 4 million customers and counting*

Risky lending rise pricks APRA’s ears
13 September 2021
Risky lending rise pricks APRA’s ears

The regulator’s chair has expressed concern with an uptick in high debt-to-income lending, but has said there will be no intervention for now.

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 ...