Lender

CBA and Westpac reported a larger increase in their mortgage books compared with their peers, while NAB recorded a contraction in its investor portfolio, the latest APRA data has revealed.

The value of total deferred loans has dropped by $23 billion month-on-month to February as the deferrals program comes to an end.

The SME lender has announced that it has received access to New Zealand’s Business Finance Guarantee Scheme to help small businesses recover from the COVID-19 crisis.

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.

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

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

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.

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

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

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 ...