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Lender
ME revises serviceability and LVR policies
by Reporter • 2 Aug 2019
ME Bank has made changes to its credit policy in response to APRA’s revised home lending guidance.
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Heritage Bank cuts mortgage rates by up to 30 bps
by Reporter • 2 Aug 2019
The customer-owned bank has announced cutting the interest rates on a range of its variable and fixed rate home...
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Non-bank lender rolls out broker offer
by Reporter • 2 Aug 2019
Pepper Money has launched a new offer for brokers and their prime and near-prime customers.
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Lender reports 281% rise in loan originations
by Reporter • 1 Aug 2019
Personal loan lender Wisr has reported a 281 per cent increase in loan origination value in FY19 compared to the year...
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Major bank announces new risk weight floors
by Annie Kane • 1 Aug 2019
A big four bank has announced new risk weight floors for some of its mortgage and farm lending portfolios in New...
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Major bank appoints group chief people officer
by Hannah Dowling • 31 Jul 2019
National Australia Bank has announced that KPMG’s current global head of people, Susan Ferrier, will become the...
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BOQ amends serviceability policy
by Charbel Kadib • 31 Jul 2019
The non-major lender has reduced its floor rate in response to APRA’s new mortgage serviceability assessment...
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Scottish Pacific rolls out asset finance offering
by Annie Kane • 30 Jul 2019
Debtor finance specialist Scottish Pacific has begun rolling out a new asset finance offering through the broker...
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ANZ updates banking code provisions
by Charbel Kadib • 30 Jul 2019
The major bank has revised its home lending policy to align with recent guidance regarding the implementation of the...
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Bank director steps down
by Hannah Dowling • 30 Jul 2019
A director of Heritage Bank has resigned from the board after nearly 14 years of service.
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