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Lender
Major bank raises rates on lines of credit
by Annie Kane • 27 Mar 2019
A big four bank has raised interest rates on lines of credit by 45 basis points, raising concerns from some brokers...
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Major banks provide update on introducer programs
by Annie Kane • 26 Mar 2019
Following NAB’s announcement that it would cease paying introducers from October this year, The Adviser asked the...
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Bank’s remediation work hits cash earnings
by and Adrian Flores • 26 Mar 2019
Westpac’s cash earnings for the first half of 2019 will be reduced by an estimated $260 million as the bank continues...
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New banking group appoints former ING CEO to board
by Reporter • 26 Mar 2019
A former CEO of ING Bank, Don Koch, has been appointed to the board of directors of the BNK Banking Corporation,...
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Major bank to end introducer payments
by Annie Kane • 25 Mar 2019
A big four bank has committed to cease paying referral payments to introducers in a bid to be “simpler and more...
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Third party veteran to leave bank after nearly 20 years
by Annie Kane • 22 Mar 2019
Adelaide Bank’s former general manager of third party – and current head of strategic partnerships at Bendigo and...
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Non-bank partners with Connective
by Reporter • 21 Mar 2019
An asset finance provider has announced its partnership with third-party aggregation business Connective.
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Macquarie withdraws loan products
by Reporter • 20 Mar 2019
The non-major bank is pulling out of the self-managed super fund residential loan market and has stopped providing...
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Westpac group updates residential lending policy
by Reporter • 19 Mar 2019
The major bank and its subsidiaries have updated their residential lending policies, including increasing the maximum...
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More lenders announce rate changes
by Reporter • 18 Mar 2019
A specialist lender has succumbed to wholesale funding pressures and lifted interest rates across its entire mortgage...
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