Lender

NSW borrowers flock to majors for refinancing
10 September 2020
NSW borrowers flock to majors for refinancing

The major banks were the winners of strong refinancing activity in NSW last month, the NSW Land Registry Services has found, taking 67 per cent of refinances.

Bank profits sink despite home lending surge
9 September 2020
Bank profits sink despite home lending surge

A spike in credit provisions has triggered a 23 per cent fall in the banking sector’s collective earnings, offset by a $25 billion increase in home loan settlements, the latest APRA data has ...

Now Finance makes executive appointments
9 September 2020
Now Finance makes executive appointments

The non-bank lender has made two senior appointments in its executive C-suite level.

It’s clear to me: CBA CEO defends RG 209
8 September 2020
CBA CEO defends RG 209

The major bank CEO has backed current interpretations of responsible lending amid calls for further clarity from both the Reserve Bank and ANZ.

Fintech lender enters prime space
8 September 2020
Fintech lender enters prime space

A Brisbane-based fintech lender has announced plans to enter the prime personal loan market, after six years of offering small loans in the near-prime and specialist space.

LATEST PODCAST: Responsible lending and the recession
7 September 2020
LATEST PODCAST: Responsible lending and the recession

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

ANZ CEO laments responsible lending quagmire
7 September 2020
ANZ CEO laments responsible lending quagmire

Lenders are “stuck in the middle”, navigating conflicting interpretations of responsible lending obligations that have suppressed risk appetites, according to ANZ CEO Shayne Elliott.

New class action launched against CBA
7 September 2020
New class action launched against CBA

The major bank has been hit with a new class action relating to commissions paid to its subsidiary.

La Trobe launches Qantas Frequent Flyer offer
7 September 2020
La Trobe launches Qantas Frequent Flyer offer

Non-bank lender La Trobe Financial has announced that it is offering Qantas points on some of its investment services and wealth management products.

Senate committee refrains from screen-scraping ban
4 September 2020
Senate committee refrains from screen-scraping ban

The Select Committee on Financial Technology and Regulatory Technology has refrained from recommending a ban on screen scraping, after holding an inquiry into fintech and regtech.