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ANZ increases credit limit for timely SME funding
28 February 2020
ANZ

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.

ALI Group warns of CBA initiative limitations
26 February 2020
ALI Group warns of CBA initiative limitations

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.

CBA launches new home loan initiative
25 February 2020
CBA launches new home loan initiative

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.

Bendigo opens second phase of $250m capital raise
25 February 2020
Bendigo opens second phase of $250m capital raise

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 slashes home loan rates by up to 86 bps
24 February 2020
ANZ slashes home loan rates

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

NAB app offers gambling blocking
24 February 2020
NAB app offers gambling blocking

A major bank is offering the option to block gambling transactions via its app with immediate effect.

Nationwide broker survey on lender performance launches
24 February 2020
Nationwide broker survey on lender performance launches

A major survey of the lending space has launched, calling on brokers to assess the performance of Australia’s mortgage lenders in a bid to help them improve their service offering to the ...

Bendigo launches capital raising to fund mortgage push
18 February 2020
Bendigo CEO Marnie Banker

The non-major is issuing new securities in a bid to fund increased investment in its home-lending business.

CBA cuts mortgage rates by up to 50 bps
17 February 2020
CBA

The major bank has announced mortgage rate reduction for both owner-occupiers and investors.

NAB earnings withstand lending slump
14 February 2020
NAB

The big four bank’s underlying earnings have remained stable despite a contraction in its mortgage portfolio.