Lender

Commercialising open banking next priority: bank
11 January 2021
Commercialising open banking next priority: bank

Commercialising available data under the open banking regime and developing this into a compelling value proposition for customers will be the next battleground for lender, a bank CEO has ...

Fixed rates slashed over 2,000 times in 2020
8 January 2021
Fixed rates slashed over 2,000 times in 2020

Lenders made almost 7,000 cuts to home loan interest rates in 2020, and 535 home loan rate increases, according to data.

Non-major makes board appointments
8 January 2021
Non-major makes board appointments

ME Bank has appointed two new members to its board following the retirement of its non-executive director.

Digital lending provider announces launch
7 January 2021
Digital lending provider announces launch

A new digital lending and payments provider that offers residential and commercial lending has entered the market.

Better Choice makes interest rate cuts
6 January 2021
Better Choice makes interest rate cuts

The lender has made out-of-cycle rate reductions of more than 1 per cent on some of its home loan products.

Lending bounces amid house price rebound: APRA
5 January 2021
Lending bounces amid house price rebound: APRA

Both owner-occupier and investment loans recorded an uptick in November 2020, in line with the recent rebound in housing prices, according to new data.

LATEST PODCAST: What 2021 holds for mortgages
4 January 2021
LATEST PODCAST: What 2021 holds for mortgages

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

Bank granted foreign ADI licence
4 January 2021
Bank granted foreign ADI licence

APRA has granted a new foreign authorised deposit-taking institution licence to an Italian banking group.

Non-major expects buying ‘frenzy’ in early 2021
4 January 2021
Non-major expects buying ‘frenzy’ in early 2021

Record-low interest rates and a rush demand may result in a buying “frenzy” this year, according to ME Bank’s head of home loans.

Lenders outline their predictions for 2021
30 December 2020
Lenders outline their predictions for 2021

Given the turbulent and “unprecedented” 2020, we asked lender heads what they predict would be in store for the industry in 2021.