Lender

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The bank has reported an improvement in its underlying earnings, driven by an increase in the uptake of is on-balance sheet loan products.

Three of the big four banks failed to grow their mortgage books in the first month of 2020, in contrast to the Commonwealth Bank, which continues to record “unusually” strong growth, the ...

Law firm Slater and Gordon has filed new class actions against ANZ and Westpac for the alleged mis-selling of credit products.

The non-major has outlined ambitions to overhaul its digital processes and revamp its lending strategy as part of a five-year plan to drive sustainable long-term growth.

The major bank has injected an additional $9 billion in credit into an initiative designed to provide small-business customers with quick access to funding.

Mortgage protection provider ALI Group has welcomed CBA’s new Compassionate Care insurance initiative, but warned the scheme’s cover is “very limited” for non-terminal mortgagors.

The major bank has rolled out a new initiative for home loan customers, providing distressed owner-occupiers with 12 months of relief from mortgage repayments.

The non-major has invited eligible shareholders to invest in new ordinary share issued to the market as part of a capital raise aimed at funding its home-lending strategy.

ANZ is “hot on the heels” of the Commonwealth Bank after cutting mortgage rates across both its owner-occupied and investment home loan products.