Lender

Digital lender introduces tiered variable rates

by Annie Kane • 21 Aug 2020

Neobank 86 400 has introduced tiered variable rates for borrowers, enabling customers with higher deposits to access... READ MORE

by Annie Kane • 20 Aug 2020

CML Group has completed its acquisition of an invoice finance platform, after paying $2.25 million in cash and shares. READ MORE

by Charbel Kadib • 20 Aug 2020

Above-system mortgage and deposit growth has helped bolster the major bank’s earnings over the third quarter,... READ MORE

by Reporter • 19 Aug 2020

One in four businesses grappling with the economic fallout from the COVID-19 pandemic has had their application for... READ MORE

by Malavika Santhebennur • 18 Aug 2020

Teachers Mutual Bank has reduced the maximum LVR for fixed-rate home loans with LMI, effective 17 August. READ MORE

by Reporter • 14 Aug 2020

A non-major bank has announced that it will reduce the maximum debt-to-income ratio for loans backed by the... READ MORE

by Charbel Kadib • 12 Aug 2020

Commonwealth Bank may scrap plans to demerge from Aussie Home Loans, CEO Matt Comyn has revealed. READ MORE

by Charbel Kadib • 12 Aug 2020

Processing lags for mortgage applications have persisted, with turnaround times increasing across all four major banks,... READ MORE

by Malavika Santhebennur • 11 Aug 2020

The mutual bank has urged the federal government to educate borrowers about the sector’s offering by supporting a... READ MORE

by Malavika Santhebennur • 10 Aug 2020

The major bank has announced that it is extending the drawdown date for its home loans switching cashback discretion. READ MORE