Lender

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

APRA statistics have revealed that Australian banks’ owner-occupier loan books grew by over $5 billion in August.

The fintech has released a deposit loan product that aims to help aspiring home buyers secure a mortgage without the full deposit.

The non-major bank has disclosed $79 million of costs impacting its financial reporting, including restructuring and redundancy costs.

The Tasmania-based lender has attributed its growth to the state’s “continuing demand in housing”.

The non-major bank has appointed a former CBA CIO as one of its three independent directors.

Suncorp Group anticipates that approvals regarding its bank sale to ANZ will be determined by early next year.

The lending group’s “overarching goal” is to strengthen and grow its balance sheet, according to its newly released annual report.

In unprecedented market conditions, Bridgit is empowering brokers with the fastest, simplest bridging solution that meets the needs of modern homeowners.

The major bank has been ordered by the Federal Court to pay a $15 million fine for deceiving customers over available funds and balances.