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Lender
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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Major banks slash fixed rates by up to 96 bps
by Charbel Kadib • 29 Jul 2019
Two of the big four banks have announced reductions of up to 96 bps across their owner-occupied and investment home...
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Lenders can’t ‘abdicate’ distribution responsibilities to...
by Annie Kane • 26 Jul 2019
The heads of a non-major bank have said that industry will need to work together to ensure the new laws requiring...
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Citi changes expense verification method
by Reporter • 26 Jul 2019
Citi has announced that it has changed the method it uses to assess customer expenditure reports.
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New lender joins Connective panel
by Hannah Dowling • 25 Jul 2019
Debtor finance specialist Cashflow Finance has become the latest addition to the aggregator’s lender panel, providing...
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