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Lendi-Aussie merger details revealed
17 December 2020
Lendi-Aussie merger details revealed

Online brokerage Lendi and franchise brokerage Aussie will remain as separate brands under the proposed merger, with Lendi technology eventually underpinning the two, CEO David Hyman has ...

Don’t use deferrals to ‘hide problem loans’: RBA
17 December 2020
Don’t use deferrals to ‘hide problem loans’: RBA

The RBA has issued a warning to lenders regarding deferrals and the “two new big challenges” facing Australian banks.

Non-bank prices $615.9m asset finance transaction
17 December 2020
Non-bank prices $615.9m asset finance transaction

Pepper Group has priced a $615.9 million asset finance transaction, their fifth issuance in a record year.

Fintech exits banking industry
16 December 2020
Fintech exits banking industry

A neobank has announced its plans to return all funds to depositors and relinquish its ADI licence.

ME Bank announces new CEO
16 December 2020
ME Bank announces new CEO

ME Bank has announced that its former CFO has been made the permanent CEO of the bank.

NAB lending to FHBs soars
16 December 2020
NAB lending to FHBs soars

Lending to first home buyers has surged at a major bank amid record-low rates, a brief dip in housing prices and new government incentives, according to data.

Non-bank enters Japanese market with RMBS deal
16 December 2020
Non-bank enters Japanese market with RMBS deal

Resimac has entered the Japanese capital markets with a $1-billion RMBS deal, which comprises the lender’s fourth transaction for 2020.

RBA announces new assistant governor for business services
14 December 2020
RBA announces new assistant governor for business services

The Reserve Bank of Australia has announced that its current head of banking will become the new assistant governor for business services next year.

LATEST PODCAST: The arguments for and against the consumer credit reforms
14 December 2020
LATEST PODCAST: The arguments for and against the consumer credit reforms

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

NAB extends cashback offer
14 December 2020
NAB extends cashback offer

The major bank has extended its home lending refinance cash bonus by three months to April 2021.