Lender

A non-bank lender has repriced its offerings, revised its serviceability policy and withdrawn a product in response to the economic fallout from the coronavirus.

The economic impact of the coronavirus outbreak will only be “partly offset” by the recent injection of fiscal stimulus, according to ANZ Research.

The major bank has rolled out a new unsecured loan product for small-business customers, offered at a cut price to support businesses grappling with the economic fallout from the coronavirus ...

The non-major bank has successfully completed its share purchase plan, which will reportedly help sustain growth in its residential mortgage business.

The federal government, the Reserve Bank and APRA have announced a wave of new measures to stimulate the flow of credit in the domestic economy and “cushion the blow” dealt by the ...

The Commonwealth Bank has announced reductions of up to 100 bps on its credit products and revised its home-lending policy in response to the Reserve Bank’s emergency cut.

A new credit report provider has launched in Australia, providing users with free credit scores and reports as well as a marketplace for home loans, personal loans and credit cards.

A Melbourne-based fintech has partnered with a bank to launch new mortgage offerings processed via its digital platform.

Regulators will meet with lenders later this week to discuss measures to facilitate the continued supply of credit to households and businesses.

ASIC has announced a series of civil proceedings against CBA in relation to breaches of the ASIC Act and the National Consumer Protection Act.