Lender

APRA writes to lenders on home loan risks
18 June 2021
APRA writes to lenders on home loan risks

The prudential regulator has written to ADIs to ensure that they are proactively managing lending risks and focusing on lending standards amid some increased risk-taking, according to the ...

Challenger poised to expand MyLife MyFinance lending
18 June 2021
Challenger poised to expand MyLife MyFinance lending

As it waits for APRA to approve its acquisition of MyLife MyFinance, Challenger has flagged plans to expand the bank’s lending remit to corporate property and SME finance.

Majority of Aussies’ finances unchanged through COVID
17 June 2021
Majority of Aussies’ finances unchanged through COVID

Around one-fifth of Australians have seen their household finances worsen over the year to May, but 60 per cent have reported no change, according to the Australian Bureau of Statistics.

Westpac Group to create 300 new Adelaide jobs
16 June 2021
Westpac Group to create 300 new Adelaide jobs

Westpac Group has announced that it is creating more than 300 new roles (including lending and credit assessor roles) in Adelaide.

AMP confirms CEO transition dates
15 June 2021
AMP confirms CEO transition dates

AMP has confirmed when chief executive Francesco De Ferrari will step down and when his replacement will take the reins.

LATEST PODCAST: The REA-Mortgage Choice deal pushes forward
14 June 2021
LATEST PODCAST: The REA-Mortgage Choice deal pushes forward

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

Banks offer relief for flood-hit Victorians
14 June 2021
Banks offer relief for flood-hit Victorians

Several lenders, including the major banks, have announced relief measures for Victorian borrowers impacted by the floods.

Big four release Vic flood relief measures
14 June 2021
Big four release Vic flood relief measures

The major banks have announced emergency assistance support and disaster relief packages for customers impacted by floods in Victoria.

Cash rate to rise to 0.5% by end-2023: ANZ
14 June 2021
Cash rate to rise to 0.5% by end-2023: ANZ

The major bank has forecast an RBA tightening in two steps in H2 2023 to take the official cash rate to 0.5 per cent by the end of 2023.

SA owner-occupied lending hits high
11 June 2021
SA owner-occupied lending hits high

Lending for new South Australian owner-occupier loans is at the highest level since ABS records began in 2003, with a consumer advocate warning of a pending “perfect storm” for borrowers