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‘Relationship lending’ fintech seeks to raise $1.5m
5 April 2019
‘Relationship lending’ fintech seeks to raise $1.5m

A Western Australian fintech that manages loans between known parties is seeking to raise $1.5 million through an equity crowdfunding campaign.

GDP growth projections to fall short, says NAB economist
3 April 2019
GDP growth projections to fall short, says NAB economist

GDP growth expectations are “optimistic” amid continued weakness in the housing market and lower than expected wage growth, according to a NAB economist.

Former CBA boss joins SEEK
3 April 2019
Ian Narev

Former CBA chief executive Ian Narev is joining SEEK at the end of the month in a newly created dual role.

La Trobe provides $50m debt facility to DomaCom
2 April 2019
La Trobe provides $50m debt facility to DomaCom

Fractional investment platform provider DomaCom has announced securing a $50 million credit facility from La Trobe Financial.

LATEST PODCAST: Preparing for the budget and new banking stats
1 April 2019
mortgagebusiness

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

CBA trumps competitors with $1bn mortgage growth
1 April 2019
CBA

The Commonwealth Bank’s home loan portfolio growth has more than doubled that of its nearest competitor, with ANZ the only major bank to report a reduction, according to the latest APRA data

Finance sector suffers second quarterly decline in hiring intentions
1 April 2019
Interview

The finance, insurance and retail sector has suffered a second quarterly decline in hiring intentions, a new survey has found.

ANZ remediation costs have ‘more than doubled’
28 March 2019
ANZ

The major bank has revealed that it has paid over $200 million in remediation to customers over the past few years, eclipsing the remediation costs insured prior to public scrutiny.   

NAB questioned on ‘catastrophic’ fraud oversight
28 March 2019
NAB questioned on ‘catastrophic’ fraud oversight

The CEO of NAB was grilled about how a $40 million fraud case went undetected for years until a bank staff member blew the whistle.

Long-term Macquarie executive to step down
28 March 2019
Long-term Macquarie executive to step down

Macquarie has announced that its head of commodities and global markets and long-term executive committee member will step down from his role and from the committee at the end of this week