Lender

Senator calls on lenders to convert loans to IO
6 April 2020
Senator calls on lenders to convert loans to IO

Liberal senator for WA, Dean Smith, is calling on lenders to convert principal and interest home loans for investors into interest-only repayments during the COVID-19 pandemic, to act as ...

ANZ executive reappointed to Takeovers Panel
3 April 2020
ANZ executive reappointed to Takeovers Panel

The federal government has announced several changes to the Takeovers Panel, which include the reappointment of an ANZ executive and the appointment of Macquarie Group executive.

Westpac appoints permanent replacement for Hartzer
2 April 2020
Westpac appoints permanent replacement for Hartzer

The big four bank has announced the appointment of a group chief executive officer to permanently replace Brian Hartzer.

Home-lending backdrop to slow slide in property prices
2 April 2020
Home lending backdrop

Low interest rates and mortgage repayment relief measures could “insulate” residential property prices from a looming “plunge” in housing market activity, according to CoreLogic.

ApplyOnline® Enabling Commercial Success for Pepper Money
1 April 2020
ApplyOnline® Enabling Commercial Success for Pepper Money

Promoted by NextGen.Net In 2018 Pepper Money launched a new strategic roadmap focused on the digitisation of an exciting commercial lending offering, and it's proven to be a real hit with ...

ANZ takes pre-virus mortgage hit
1 April 2020
ANZ

New APRA data has revealed that ANZ was the only big four bank to record negative home lending growth before the coronavirus outbreak altered the trajectory of the domestic economy.

LATEST PODCAST: Further relief for SMEs and borrowers
30 March 2020
LATEST PODCAST: Further relief for SMEs and borrowers

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

1 in 4 lenders could exit market by 2025: GlobalData
30 March 2020
Big four banks

According to data analysis agency GlobalData, one in four ADIs could exit the market within the next five years, as unemployment levels rise, and credit appetite dissipates.

COG to ‘scale back’ direct equipment lending
27 March 2020
mortgagebusiness

Asset finance group Consolidated Operations Group has announced that it will “scale back” its equipment leasing but will continue its asset finance broking operations.

Treasurer rejects lender acquisition
26 March 2020
Treasurer rejects lender acquisition

A non-bank’s proposed acquisition of a Queensland-based lender has fallen through after Treasurer Josh Frydenberg deemed it was not in the national interest.