Lender

Lenders pledge support to bushfire recovery
10 January 2020
Lenders pledge support to bushfire recovery

Following major donation packages being announced by the major banks, several lenders, including Resimac and La Trobe Financial, have announced monetary pledges to organisations assisting ...

NAB expands bushfire relief contributions to $5m
8 January 2020
NAB expands bushfire relief contributions to $5m

The major bank has announced that it is increasing its bushfire recovery contributions from the previously announced $1-million package to a total of $5 million.

Iress acquires blockchain platform
8 January 2020
Iress acquires blockchain platform

The financial software company has announced its acquisition of blockchain communication platform provider BC Gateways.

Westpac volumes continue to fall
7 January 2020
mortgagebusiness

The major bank has experienced another multimillion-dollar contraction in its home loan portfolio, driven largely by a $600-million decrease in investment volumes.

Westpac appoints advisory panel members
24 December 2019
Westpac appoints advisory panel members

The big four bank has named two of the three members of its accountability review advisory panel, which was formed in response to the AUSTRAC AML/CTF allegations and will provide ...

LATEST PODCAST: What brokers think of the lenders
23 December 2019
LATEST PODCAST: What brokers think of the lenders

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

ACCC postpones CDR launch
23 December 2019
Postpone

The competition watchdog has deferred the commencement date for the consumer data right to “allow additional implementation work”.

Westpac fined for licensee’s breach of BID
23 December 2019
Westpac

The major bank has been ordered to pay a penalty of $9.15 million after one of its former licensees breached the best interests duty.

ASIC opens consultation on new credit product powers
23 December 2019
ASIC

The regulator has invited stakeholder feedback on new powers that would impose product design obligations on credit providers.

Apple Pay arrives for Westpac subsidiaries
20 December 2019
St George bank

The bank will become the last of the big four to officially offer Apple Pay as a digital payment option for some of its banking customers, after introducing it first to its subsidiaries.