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APRA accused of providing lending ‘fillip’ to majors
15 May 2019
Westpac CBA NAB ANZ

The prudential regulator has “downplayed” and “dismissed” competition risks associated with its regulatory reforms, according to a new report.  

Swinburne and Bendigo co-develop fintech degree
15 May 2019
Swinburne University

Swinburne University of Technology and Bendigo and Adelaide Bank have teamed up to create a degree focused on financial technologies.

CBA CEO denies plans for ‘large-scale’ branch culling
14 May 2019
Commonwealth Bank of Australia

The branch network continues to play a “critical” role in distributing home loans and gathering deposits, Commonwealth Bank chief executive Matt Comyn has said, in response to reports that ...

Suncorp posts 3Q mortgage contraction
9 May 2019
Suncorp building

The non-major bank’s home loan portfolio has contracted over the past quarter, continuing a trend of slower mortgage growth.  

N1 Holdings secures $10m commercial lending war chest
9 May 2019
Cash

The property services firm has announced that it has secured $10 million in capital to fund its commercial lending activities.

Margin squeeze to persist as majors tackle credit ‘headwinds’
8 May 2019
Westpac CBA NAB ANZ

The big four banks have collectively reported a 12 per cent hit to their underlying profits, with “headwinds” expected to persist amid continued weakness in the credit space, according to an ...

Rate cuts not the solution: Westpac CEO
7 May 2019
Westpac

Interest rates are “not the problem”, Westpac CEO Brian Hartzer has said, calling for a holistic regulatory approach to subdued market conditions, amid a 24 per cent slide in the group’s ...

‘Entirely digital mortgage process’ launched in NSW
7 May 2019
Fintech Network

A new platform offering an “entirely digital mortgage process” can now be used by home buyers in NSW.

LATEST PODCAST: Major bank profits take a hit
6 May 2019
Mortgage Business Uncut, podcast

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

Macquarie bucks trend with 18% mortgage growth
6 May 2019
Macquarie building

The non-major lender has outshined its competitors, reporting stronger growth over the past 12 months than in the previous corresponding period.