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ANZ Wealth manager joins FSC

The Financial Services Council has appointed Allan Hansell, ANZ Wealth’s senior manager for government and regulatory affairs, as its new director of policy.

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Mutual lender takes out top spot for customer satisfaction

Heritage Bank has been named the best for customer satisfaction, according to a recent study by a global market research firm.

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Lawyer slams potential SMSF lending curbs

Predictions that APRA will soon restrict the borrowings of low-balance SMSFs have been slammed by an industry lawyer who believes there is no good reason for SMSF-related policy that is ...

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Non-bank awarded for strong performance

La Trobe Financial has received its eighth consecutive award for Best Mortgage Fund in Australia with its 12-month term account.

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GDP result ‘shockingly weak’: ANZ

Fresh figures released yesterday found that Australia’s economy contracted during the September 2016 quarter, however ANZ says there are a number of temporary elements to the result and ...

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Lender to pay $77m for credit law failures

A major car financier will implement Australia's largest consumer credit remediation program to compensate customers for its responsible lending failures.

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NAB increases home loan rates

Major bank NAB is to increase its variable rates on new and existing residential investor home loans by 0.15 per cent from next week, as a result of the current “challenging environment”.

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Nineteen lenders hike fixed-rates, variable rates tipped to follow

The direction of fixed rate changes has switched with variable rates likely to follow suit soon, potentially pointing to the bottom of the rates cycle, according to a recent report.

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Tighter lending curbs to halve price growth in 2017: HSBC

The foreign-owned bank is tipping national house price growth to slow significantly next year with some price falls expected in major capital cities.

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IOOF shows interest in buying ANZ wealth

IOOF has confirmed it is interested in purchasing ANZ’s wealth business, saying it presents an attractive and strong fit.

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