Aug 11 2016
Ian Narev, CEO of the Commonwealth Bank of Australia, has said that the bank sees the mortgage broking industry as “an ongoing channel where customers are going to want to do business”
Aug 10 2016
Following the Reserve Bank’s decision to cut the official cash rate by 25 basis points last week, a leading Australian mortgage provider has cut interest rates across its home loan products ...
Aug 10 2016
One of Australia’s largest customer-owned banks has seen loan approvals drop by $60 million in the financial year 2015/16, after a slow start to the year.
Aug 10 2016
Crowdfunder company DomaCom has announced a partnership with a peer-to-peer lender that offers loans to small to medium-sized businesses.
Aug 9 2016
ANZ Bank has named Richard Yetsenga as its new chief economist, a role he has been acting in since March 2016.
Aug 5 2016
A listed Australian bank has confirmed it has held discussions with a leading non-bank lender following media speculation about a potential M&A deal.
Aug 5 2016
The CEO of a leading challenger bank has praised the radical transformation of its lending portfolio after posting an 11 per cent jump in profit for the 2016 financial year.
Aug 5 2016
Macquarie Bank has grown its business loan portfolio more than its mortgage book over the last quarter after posting a $2 billion profit for the year to 31 March.
Aug 4 2016
Two non-major lenders have today announced that they will cut their variable home loan rates in light of the Reserve’s Bank’s 25 basis point cut on Tuesday.
Aug 4 2016
Anyone who has a home loan with one of the big four banks (8 in 10 mortgage holders) will no doubt be miffed about missing out on the RBA’s full 25 basis point cut.
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