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Lender
Half of deferrals to be reviewed in coming weeks
by Reporter • 8 Sep 2020
Approximately 450,000 borrowers are approaching the expiry of their deferral arrangements, which are set to be reviewed...
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15k customers unable to restart repayments: ANZ
by Sarah Kendall • 8 Sep 2020
ANZ has estimated that around 15,000 of its mortgage customers may not ever be able to resume repayments, due to...
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CBA setting aside $6.4bn for credit losses
by Annie Kane • 7 Sep 2020
Matt Comyn, the CEO of CBA, has revealed that the bank is holding a total of $6.4 billion for future credit losses off...
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ANZ changes rental income sharing rules
by Reporter • 7 Sep 2020
The big four bank has revised its serviceability policy, changing the way it assesses rental income and expenses for...
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ANZ applications peaked at $1.2bn a day
by Annie Kane • 3 Sep 2020
The CEO of ANZ has revealed that the bank saw its application levels surge to $1.2 billion a day earlier this year,...
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La Trobe Financial releases three new loan products
by Annie Kane • 2 Sep 2020
The non-bank lender has launched three new products, including a bridging loan, a loan for non-residents and one...
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QBE chief steps down
by Lachlan Maddock • 2 Sep 2020
The CEO of QBE Insurance Group has stepped down following an investigation into his workplace communications and...
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ANZ, CBA launch online business lending platforms
by Annie Kane • 28 Aug 2020
Both ANZ and CBA have launched new online lending platforms for business loans that claim to conditionally approve...
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Alternative lender joins AFG panel
by Malavika Santhebennur • 28 Aug 2020
A fintech SME lender has joined AFG’s panel of specialist finance providers.
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FBAA urges lenders to move to digital docs
by Malavika Santhebennur • 26 Aug 2020
The FBAA has said it is “farcical” for lenders to still be posting loan documents to brokers, and is urging banks...
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