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Pepper Money’s home loans lift $6.8bn in 2022

The non-bank lender reported a new “record” to its total loans for the 2022 calendar year.

Lender performance under the spotlight as broker survey launches

The 14th annual Third-Party Lending Survey has launched, with mortgage and finance brokers being called up to review the performance of lenders this past year.

Switch banks to ‘put pressure on them’, RBA reminds Aussies

Australians unhappy with their bank should ‘switch’ for better deposit and mortgage rates, the central bank has advised.

Heartland Group chairperson steps down

The group announced that its current chairperson Geoff Ricketts has decided to step down for an indefinite period due to ill health.

Pallas Capital eyes Qld expansion with new hires

The non-bank lender has announced three new appointments to its Brisbane team as it looks to enter the Queensland market.

Pepper Money raises 1st $1bn RMBS for 2023

Pepper Money has started its RMBS pricing strategy strongly this year, the non-bank lender has reported.

Lenders implement measures to combat scammers

Two major banks have assured their customers that they will be better protected from scammers through enhancements in scam prevention.

NAB reports 1% lift in loan book in 1Q23

The major bank announced the interest hikes had “benefitted” profits, reporting growth in its home loan portfolio.

Regional bank closures continue ahead of Senate inquiry

While the Commonwealth Bank has halted regional bank closures, Westpac and NAB said more will come under the chopping block.

ACCC confirms terms for rate hike inquiry

Details of the inquiry into how banks set interest rates for savers and home loan borrowers have been revealed by the competition watchdog.

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