Lender

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

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

Total funds invested or committed by the Structured Finance Support Fund have exceeded $3.5 billion as at September.

The Commonwealth Bank has updated its logo for the first time in nearly 30 years, moving to a solid yellow diamond and removing the conjoined m’s in its name.

The bank has reduced its fixed rates for investor home loans by up to 61 basis points, effective 13 October.

Funds flowing out of the super system through the early release scheme have topped $34 billion, with more than 30,000 payment applications received in the first week of October.

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AFG’s in-house lending division has announced that it has priced its inaugural non-conforming RMBS transaction worth $500 million.

The volume of auctions and success rate increased across the combined capital cities last week, but is still down on last year’s levels, according to data.

A non-major lender has increased its refinance cashback offer to $3,000 for new applications.