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‘Fierce competition’: Bendigo and Adelaide Bank manages mortgage growth
15 February 2022
While a “competitive backdrop” leached away at its profit margin, the group secured $2.1 billion in new home loans over the six months to December.
13 March 2025
The commission released a statement highlighting concerns with small credit lenders after acting on multiple compliance breaches.
30 September 2022
‘Records broken’ as broker market share rises
Almost 70 per cent of mortgages in Australia were being written by brokers earlier this year, according to the MFAA’s latest Industry Intelligence Service report.
1 April 2022
1 in 4 say buy homes now: NAB
New research has found a quarter of consumers believe now is the time to buy a home, while 13 per cent have plans to purchase over the next year.
1 March 2023
In two separate mergers, Greater Bank and Newcastle Permanent have officially merged, as have Heritage Bank and People’s Choice.
22 March 2022
49% of consumers open to green home loan: Gateway
Around half of consumers have indicated they would consider a green home loan if the price was right, a new survey has found.
17 January 2024
Lenders have indicated they do not have access to data they need to make responsible lending decisions, Experian has found.
29 October 2021
6 in 10 lenders want new data sources: Experian
A new survey, including 54 Australian lender leaders, has found that 60 per cent wish to leverage new data to determine credit risk.
27 March 2023
New research from Great Southern Bank has revealed a majority of borrowers would rather borrow from lenders with a commitment to ethical behaviour.
16 December 2021
ACCC chases lenders behind on open banking schedule
The competition watchdog has watched all banks who have not kept up with its open banking roll out, warning of potential enforcement actions for non-compliance.
28 November 2024
New research has revealed Australian and New Zealand lenders are investing in AI to improve loan decisions, but face challenges.
25 March 2025
Major banks in Australia are becoming more risk-averse in their lending practices, making home ownership and business financing increasingly unattainable for many.
11 February 2022
AMP Bank to roll out direct-to-consumer digital mortgage
The non-major bank will have a direct-to-consumer digital mortgage in market in 2022, the chief executive has revealed, as it explores “new business opportunities”.
16 March 2022
Evelyn Halls
The big four bank welcomes Evelyn Halls to the customer fairness adviser role, in a bid to improve the “fairness of the bank’s products and services” for ANZ customers.
3 February 2022
ANZ calls September cash rate lift
Economists from the big four bank believe the RBA will commence hiking the cash rate from September, tipping it will reach 2 per cent by the end of 2023.