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Brokers, settlements boost REA Group finserv wing
8 February 2021
Brokers, settlements boost REA Group finserv wing

Higher settlements and improved broker productivity have increased the global real estate group’s financial services business’ operating revenue, but it was offset by a non-cash valuation ...

Big four provide WA bushfire disaster relief
5 February 2021
Big four provide WA bushfire disaster relief

The big four banks have each announced disaster relief packages available to customers impacted by bushfires in WA.

Banks offer WA bushfire disaster relief
5 February 2021
Banks offer WA bushfire disaster relief

Several banks, including majors and non-majors, have announced that customers impacted by the ongoing bushfires in WA may be able to defer repayments as part of a new relief package.

Major bank appoints non-executive director
5 February 2021
Major bank appoints non-executive director

Westpac Banking Corporation has appointed Dr Nora Scheinkestel as an independent, non-executive director, effective as of 1 March 2021.

Non-major bank lowers investor interest rates
5 February 2021
Non-major bank lowers investor interest rates

ING Bank has announced a change in some variable and fixed interest rates for investment loans.

CUA announces name change
3 February 2021
CUA announces name change

The customer-owned bank has announced that it is to start trading under a new name and call itself a bank by the end of the year.

Loan commitment levels continue to soar
2 February 2021
Loan commitment levels continue to soar

New home loan commitments have continued to soar and break records, driven by owner-occupier home loans, first home buyers and even investors, according to data.

Deferred loans dip below 2 per cent: APRA
2 February 2021
Deferred loans dip below 2 per cent: APRA

The majority of loans on repayment pauses are made up of housing loans, while less than 2 per cent of all loans have remained in deferral.

MLC managing director joins FSC
2 February 2021
MLC managing director joins FSC

The Financial Services Council has appointed MLC Wealth’s acting managing director, Andrew Morgan, as a director of the FSC board.

CBA book boosted by multibillion-dollar OO rise
1 February 2021
CBA book boosted by multibillion-dollar OO rise

The major bank has recorded a multibillion-dollar mortgage portfolio growth, propelled by owner-occupier lending, while the other major banks have also recorded growth across their loan ...