Lender

The Commonwealth Bank’s home loan portfolio growth has far exceeded its major competitors, while Westpac’s woes persist, new APRA data has revealed.

The major bank has been hit with a new class action lawsuit relating to AUSTRAC’s investigation into its alleged breaches of anti-money laundering laws.

Residential property prices increased across all capital cities in January, but the rate of growth was less pronounced than in previous months, new CoreLogic data has revealed.

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

A lender has commenced reimbursing thousands of home loan customers after failing to properly link their mortgages to an offset facility.

The banks have reported the costs they’ve incurred from the bushfire crisis ahead of the release of their half-year financial results.

A non-bank has announced that its chief financial officer of four years, Edoardo Bigazzi, will be stepping down from his role in March, and has named an interim replacement.

The non-bank lender has secured $617 million in funding from its second term transaction of asset finance ABS receivables.

The Morrison government has commissioned a new inquiry into the Consumer Data Right, which aims to further empower consumers and “overcome” product switching barriers.

The central bank is set to hold off on a rate cut in February following a stronger than expected bounce in the labour market, ANZ Research has predicted.