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Investors keen to refinance, use brokers
20 October 2020
Investors keen to refinance, use brokers

More than a third of investors would consider refinancing to a new lender to secure a slightly better rate, while the majority of investors used brokers to secure finance over the past year, ...

Deferral expiry to push up non-performing loans: Moody’s
20 October 2020
Deferral expiry to push up non-performing loans: Moody’s

Moody’s has predicted a substantial rise in non-performing loans after the measure that allowed banks to treat loans subject to repayment deferrals as performing expires in March 2021.

Thinktank closes $600m CMBS
20 October 2020
Thinktank closes $600m CMBS

The non-bank lender has announced its largest commercial mortgage-backed securitisation to date.

CBA bolsters business banking strength
20 October 2020
CBA bolsters business banking strength

The major bank has announced that it is more than doubling the number of local business bankers in branches across Australia.

Major bank to open New Home Guarantee waitlist this week
19 October 2020
Major bank to open New Home Guarantee waitlist this week

NAB has announced that it will open a new waitlist for the FHLDS New Home Guarantee and start accepting conditional approval applications from Wednesday of this week.

AMP acting CEO joins FSC board
19 October 2020
Blair Vernon

The industry body has announced that AMP Australia’s acting CEO will join its board as a director.

Almost half of deferred loans resume payment: ABA
16 October 2020
Almost half of deferred loans resume payment: ABA

Almost half of deferred mortgage loan borrowers are back to making regular loan repayments as of last week, according to the ABA.

Suncorp appoints new NZ CEO
16 October 2020
Suncorp appoints new NZ CEO

The banking and wealth giant has appointed a new chief executive to lead its New Zealand division.

Westpac downsizes, cuts overseas businesses
16 October 2020
Westpac downsizes, cuts overseas businesses

Westpac is set to consolidate a number of its international operations in a bid to simplify its operations and improve capital efficiency.

Better Choice appoints ex-Westpac exec
15 October 2020
Better Choice appoints ex-Westpac exec

The non-bank lender has recruited a former Westpac banking executive to fill its newly created role of national manager, sales and strategic partnerships.