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Non-major sees home lending ease in March quarter

Suncorp’s home loan growth has slowed in the past three months, in line with industry trends.

Financial counselling services thrown $7.75m donation

All four major banks, alongside a handful of non-major and non-banks, are part of a group of organisations to donate $7.75 million towards financial counselling services.

Mutual bank appoints head of tech integration

Heritage and People’s Choice have announced the appointment of Penny Iverach to the newly created position of head of technology integration.

Financial counselling services thrown $7.75m donation

All four major banks, alongside a handful of non-major and non-banks are part of a group of organisations to donate $7.75 million towards financial counselling services.

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CommBank home loans grew $6.9bn in 3Q23

The major bank recorded a rise in its home loans for the three months to March 2023.

Westpac settles $50bn in 6 months

The major bank wrote almost $50 billion in new home loans in 1H23, with the proprietary channel originating less than half of new flows.

ANZ book bolstered by brokers

Mortgage brokers originated 64 per cent of ANZ’s new mortgages in 1H23, up 11 percentage points on the same period last year.

Macquarie’s home loan portfolio jumps 21% in FY23

Home loans now make up 35 per cent of the lender’s asset portfolio, with growth driven by lower loan-to-value and owner-occupier lending.

Banks begin to pass on rate hike to customers

The big four banks have passed on the central bank’s rate hike for May, as mortgage holders brace for higher repayments.*

Bank of Sydney appoints new CEO

The former chief executive of MyState Ltd is set to join the non-major bank as its new CEO later this month.

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