Lender

The Reserve Bank’s second consecutive cut to the cash rate has elicited an immediate response from the mortgage market, prompting lenders to pass on the reduction to their mortgage customers

A new Banking Code of Practice – which calls on signatories to cease charging commissions on lenders mortgage insurance,  among other updates – is now in effect.

Community housing providers are now able to apply for grants of up to $20,000 to help them prepare the necessary finance and support needed for their loan applications.

The prudential regulator is seeking feedback on its proposed approach to determining product responsibilities, which would see banking executives being held accountable for their products.

A new lender is now operating as a foreign ADI after being granted a licence from APRA.

The major bank is making changes to its executive leadership team as the banks continues its “focus on earning trust and restoring the reputation” of the institution.

The corporate watchdog is seeking consultation from banking and finance industry stakeholders regarding its new product intervention powers and has also announced a new set of public ...

Commonwealth Bank has committed to overhauling its privacy policies and procedures under an enforceable undertaking it has entered into with the Australian Information Commissioner.

This column is going to be a little controversial; however, lenders are well within their rights to keep a portion of future rate cuts up their sleeve.

A multinational non-bank lender has commenced operation in Australia in a bid to disrupt the domestic market as it seeks to service unmet demand.