Lender

The specialist lender has announced the launch of a new loan portal, aimed at simplifying the lodgement process for its broker network.

Macquarie Bank has reported stronger mortgage portfolio growth than four of its largest competitors in the non-major lending space, according to the latest data from APRA.

A tenth of new borrowers are “struggling” to meet mortgage repayments, which, according to ASIC, suggests that they’re “underestimating” the need to alter their post-settlement spending ...

The non-bank has announced the appointment of three senior bankers to its executive team.

A change of plans has been announced in relation to CBA’s $2.4-billion divestment of its life insurance businesses. 

Macro-prudential measures, once seen as “unusual and controversial”, are now an accepted part of APRA’s expanded “armoury”, according to chair Wayne Byres.

Moula has announced the launch of a “buy now, pay later” product for small businesses in response to demand. 

The National Housing Finance and Investment Corporation (NHFIC) has revealed that it has surpassed the half-billion mark in loans provided to community housing providers over the last 12 ...

Retirement lender Household Capital has announced the launch of a new drawdown loan facility that provides retirees with access to additional funds. 

The major bank has made changes to its executive leadership team, which include a new appointee charged with overseeing programs designed to manage risk and simplify the bank.