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Lender

Brokers will ‘absolutely be the predominant channel’ if MyState...
by Annie Kane • 19 Aug 2024
Tasmanian-based lender MyState Limited (MyState) has signed an agreement to merge with ASX-listed lender Auswide Bank... READ MORE

Arrears start to rise at major banks
by Ben Squires • 19 Aug 2024
With many lenders releasing their financial results, a growing trend is emerging: arrears rates are on the... READ MORE

Two-thirds of CBA home loans originated through direct channel
by Annie Kane • 15 Aug 2024
The Commonwealth Bank of Australia (CBA) has released its full-year results for the financial year ended June 2024,... READ MORE

Prospa acquired by Salter Brothers consortium
by Adrian Suljanovic • 14 Aug 2024
Prospa Group Limited (Prospa) has confirmed that the scheme of arrangement pursuant to Salkbridge Pty Ltd (BidCo), an... READ MORE

A ‘tactical reduction’ sees AMP’s mortgage book drop
by Adrian Suljanovic • 9 Aug 2024
Non-major bank AMP Bank has announced that a ‘tactical reduction’ in new loans written has resulted in a drop of... READ MORE

Long-term SME confidence takes a hit

by Adrian Suljanovic • 9 Aug 2024
A report commissioned by small-business lender Prospa has found that long-term confidence among small- to... READ MORE

Majors observe hawkish shift in RBA’s stance
by Adrian Suljanovic • 8 Aug 2024
The Reserve Bank of Australia’s (RBA) most recent hold in the cash rate was widely expected by the majority of bank... READ MORE

ANZ appoints new managing director, Qld
by Ben Squires • 8 Aug 2024
ANZ Group has announced the appointment of Bruce Rush as ANZ Group managing director, Queensland, a role he will fill... READ MORE

Westpac axes RAMS
by Adrian Suljanovic • 6 Aug 2024
Announced on the ASX on Tuesday (6 August), Westpac has confirmed that it will “further simplify” its business by... READ MORE

MONEYME records strong loan origination growth
by Adrian Suljanovic • 6 Aug 2024
MONEYME has announced an increase in loan originations of 25 per cent to $165 million for 4Q24, up from $133 million... READ MORE

ANZ-Suncorp merger completed
by Adrian Suljanovic • 6 Aug 2024
The long-awaited ANZ-Suncorp merger has been completed after its initial announcement in July 2022. Before gaining... READ MORE

Australians are shifting home ownership priorities
by Adrian Suljanovic • 5 Aug 2024
Westpac’s 2024 Home Ownership Report highlighted a significant shift in Australians’ housing preferences, driven... READ MORE

What role do private lenders play in helping SMEs?
by Adrian Suljanovic • 2 Aug 2024
With the official cash rate at a record-high 4.35 per cent, small and medium-sized enterprises (SMEs) face increased... READ MORE

Small businesses less optimistic about financial health
by Ben Squires • 31 Jul 2024
Less than half (45 per cent) of small-business decision-makers in Australia would describe their business’s... READ MORE

In Focus: How automation can revolutionise client retention

by Sherlok • 30 Jul 2024
Sponsored by In this episode of In Focus, sponsored by Sherlok, we sit down with Adam Grocke, the platform’s... READ MORE
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