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Risky lending rise pricks APRA’s ears

The regulator’s chair has expressed concern with an uptick in high debt-to-income lending, but has said there will be no intervention for now.

Risky lending rise pricks APRA’s ears
Non-major bank injects millions into fintech lender

A mutual lender has extended its partnership with Athena Home Loans, investing an additional $250 million into the lender.

Non-major bank injects millions into fintech lender
Forced coal lending could hit mortgage costs: Banks

Forcing banks to lend to fossil fuel producers could affect their cost of capital and resulting loan prices, according to a big four executive.

Forced coal lending could hit mortgage costs: Banks
RBNZ consults on mortgage lending limit

The New Zealand central bank has invited feedback on its intentions to further tighten mortgage lending standards, amid concerns around a rise in high LVR loans.

RBNZ consults on mortgage lending limit
AMP reshuffles execs ahead of demerger

The group has restructured its leadership, with changes including the elevation of the bank’s managing director to the executive committee.

AMP reshuffles execs ahead of demerger
Former APRA member to join Heartland board

Heartland has recruited two new directors, including an ex-APRA member and banking executive.

Geoff Summerhayes and Kate Mitchell
Lenders join push for reopening economy

The major banks and a number of lenders have signed an open letter to the government, asking it to stick to its path out of lockdowns.

Lenders join push for reopening economy
ANZ targets broker turnarounds as lending falls

An executive has revealed the big four bank is working to deflate its broker loan assessment times, as its book has slimmed.

ANZ targets broker turnarounds as lending falls
Major banks’ investor lending slides: APRA

Three of the big four banks saw a decline in their investor loan portfolios in July, while ANZ’s owner-occupier loan book also fell, according to the latest data.

Major banks’ investor lending slides: APRA
Brighten adds new role to credit team

The non-bank lender has appointed a lending manager, based in the company’s Sydney office.

Julie Stanceski
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