Lender

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

Three non-major banks have joined other banks in cutting their interest rates following the RBA’s decision to reduce the official cash rate.

Treasury has launched a consultation on its proposed changes to responsible lending obligations, which aim to give lenders the flexibility to make decisions based on the characteristics of ...

A fintech lender that launched in May has announced that it has rebranded to a new name and has refinanced its first home loan via mobile.

The federal government has announced that lenders have commenced accepting applications for the extended FHLDS (New Homes).

An industry body for the construction industry has attributed a jump in building approvals to the federal government’s HomeBuilder scheme and has called for an extension until 2021.

The non-bank lender has appointed an independent non-executive director to its board, in addition to Mary Ploughman as chairman earlier this year.

The major bank has seen its profits contract by two-thirds on last year’s figures, falling 66 per cent to $2.29 billion.

For the third month in a row, ANZ and the CBA have recorded multibillion-dollar mortgage portfolio growth while the other two major banks have reported a contraction, APRA data has shown.

The major bank’s board and its CEO have agreed to amend his contract to remove the two-year term.