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Suncorp Group names new non-executive director

Suncorp Group has appointed Simon Machell to the board as a non-executive director, with immediate effect.

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Banks commit to responsible lending reform

The banking industry has committed to a package of reforms aimed at protecting consumer interests, increasing transparency and accountability, and building trust and confidence in banks, ...

mortgagebusiness
Specialist lender successfully prices $300m RMBS

A specialist lender for self-employed Australians has successfully priced its $300 million specialist RMBS transaction, after upsizing it from $250 million off the back of strong investor ...

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Co-group CEO of specialist lender made redundant

Specialist lender Pepper Group Limited has announced that its co-group CEO Patrick Tuttle left the company on Friday, following the decision to “consolidate the CEO role”.

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APRA announces further measures on investor lending

Additional supervisory measures on mortgage lending have been announced, particularly for interest-only lending, to reinforce “sound residential mortgage lending practices in an environment ...

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CBA raises $650m in first climate bond

The Commonwealth Bank of Australia has raised $650 million for its first climate bond, which will fund renewable and low-carbon projects in Australia.

mortgagebusiness
Analysis: APRA action and bank rate hikes

In the past week, the industry has seen a flurry of mortgage rate increases from big banks and non-major lenders alike. So, what does this mean for investor lending and for the nation’s ...

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ANZ increases interest rates

The big four bank has announced increases to its investor, business and interest-only variable rates.

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CBA lifts variable rates by 26 basis points

All four major banks have decided to hike their variable rate home loans after Australia’s biggest bank announced changes this afternoon.

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Westpac hikes rates by up to 117 basis points

A raft of rate changes have come into effect for Westpac's owner-occupier, investor and SMSF loan products.

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