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CBA announces mortgage changes

One of Australia's largest lenders has made several changes, including a new LVR cap, to its home lending criteria.

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Lenders hike variable rates

New data has revealed that a significant number of lenders have quietly raised their variable mortgage rates in recent months.

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Bank merger in play as lenders take on the big four

A non-major bank has announced plans to merge with another lender in a bid to create a “new force in banking”.

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ANZ names new chief for Indonesia

A former managing director of ANZ’s corporate banking division has been appointed as the group’s new chief for its Indonesian operations.

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Drop in consumer sentiment ‘disappointing’: Westpac

New data has revealed that consumer sentiment has declined this month – a surprise result that has “dashed” hopes that sentiment was about to head higher, according to Westpac.

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Westpac transforms home loan book

The composition of Westpac’s mortgage portfolio has undergone a significant change over the last 12 months compared to its peers.

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Suncorp finalises $750m debt issue

Suncorp Bank has moved to strengthen its balance sheet with a five-year senior unsecured debt transaction worth $750 million.

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La Trobe’s P2P offering receives ‘superior’ rating

La Trobe Financial’s peer-to-peer (P2P) investment option involving mortgage-secured loans has been recognised with a strong rating by SQM Research.

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ANZ appoints regional executive

ANZ’s former chief of staff has been appointed as the new regional executive for the Pacific Islands.

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Westpac to defend rate-rigging allegations

Westpac says it will “vigorously defend” ASIC’s allegations that it manipulated the bank bill swap rate (BBSW) after the regulator commenced court proceedings against the lender.

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