Lender

The Bank of Melbourne, BankSA and St.George Bank have slashed fixed rates across their owner-occupied and investment home loan offerings.

Slow adaptation to new technology has been named among the causes of an increase in ANZ’s processing times for home loan applications.

The major bank has released a quarterly ASX update, reporting a rise in arrears across its home loan portfolio.

More than half of the population (54 per cent) have been negatively affected by misconduct among finance service providers, according to a new study, which has estimated the total loss ...

Treasurer Josh Frydenberg has withheld his approval for the acquisition of a Queensland-based lender, requesting further details before rubberstamping the takeover.

The major bank has released a financial update for the third quarter of 2019, reporting a modest spike in its cash earnings despite a contraction in its mortgage portfolio.

Xinja Bank has appointed a new chief technology officer to help spearhead its technological offering that it says will help deliver “hyper-personalised services for customers”.

ANZ will maintain a conservative approach to mortgage lending until the industry receives further clarity from regulators, CEO Shayne Elliott has said.

The fifth-largest retail bank has reported above-system growth in residential lending in FY19, but a decline in total profit, primarily due to remediation and redundancy costs.

The non-major has launched a new digital tool aimed at reducing turnaround times for home loan applications.