Lender

The non-major lender has announced that it has appointed a new head of home lending and broker distribution.

The lender has welcomed a new member to its executive team after hiring a new chief risk officer.

The mortgage manager has surpassed $7 billion in settlements since launching five years ago.

The non-bank lender has reduced its serviceability buffer and made some changes to its policy in a bid to address serviceability concerns.

The big four bank has revealed that it will welcome a new group chief executive on 2 April.

Just 32,116 construction loans were issued to owner-occupiers in 2023, the lowest number ever recorded, according to new data.

The chief executive of the non-bank lender has announced the lender’s next chief financial officer.

A $400 million medium-term note transaction has been raised by a mutual lender, the largest deal of its kind by an Australian mutual.

The two customer-owned lenders are exploring a merger in a bid to benefit from economies of scale and create “Australia’s leading purpose-driven bank”.

The major banks have recorded the first month of positive loan book growth across the board since July 2023.