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Lender

Bank profit falls in low-rate environment

by Staff reporter • 24 Feb 2015
Heritage Bank posted a profit after tax of $16.2 million – down 9.5 per cent on the corresponding period. Heritage... READ MORE

Regional named Business Bank of the Year

by Staff reporter • 23 Feb 2015
It is the fourth consecutive win for the team, which also took out the honour in 2012, 2013 and 2014. Bendigo retail... READ MORE

Credit reporting takes effect

by Staff reporter • 20 Feb 2015
Changes introduced in March last year now allow more detailed information to be recorded. According to Smartline,... READ MORE

Borrowers warned about new peer-to-peer lenders

by Staff reporter • 20 Feb 2015
COBA chief executive Mark Degotardi said customer-owned banks, building societies and credit unions remain the tried... READ MORE

Non-bank doubles RBA rate cut

by James Mitchell • 19 Feb 2015
Liberty Financial today announced that it has “doubled the stakes” by reducing its variable rates by up to half a... READ MORE

Non-bank lenders need to get on the front foot

by Nathan Daniell • 18 Feb 2015
That’s why I think a national education campaign is needed. You might think I’m talking about an education... READ MORE

Homeloans acquires Queensland lender

by James Mitchell • 17 Feb 2015
Homeloans Ltd chief executive Scott McWilliam said the acquisition of Barnes Home Loans was “a perfect fit.” The... READ MORE

Bank increases trail commissions

by James Mitchell • 17 Feb 2015
Suncorp Bank revealed that after 27 February, it will increase its trail in year four onwards from 20 to 25 basis... READ MORE

Banking group passes on RBA rate cut

by Staff reporter • 17 Feb 2015
As a result, MyState Bank’s Standard Variable Home Loan rate will fall to 5.64 per cent, while The Rock’s... READ MORE

Lender slashes rates by 40 points

by Staff reporter • 17 Feb 2015
The specialist lender has waived its establishment fee until the end of March, which it said will save customers $990... READ MORE

AFG denies bank takeover

by James Mitchell • 16 Feb 2015
Last Thursday, Fairfax Media's The Australian Financial Review said it understands Westpac Banking Corp has “been... READ MORE

Lender announces Black Friday rate cuts

by Staff reporter • 16 Feb 2015
Among the offers is a one-, two-, or three-year fixed rate of 4.39 per cent for its Home Package Plus product for new... READ MORE

Lender announces 80-point upfront commissions

by Staff reporter • 16 Feb 2015
The group has implemented a 0.80 per cent upfront commission rate on all of its mortgage products, as well as 0.25... READ MORE

Bank launches Australian-first business app

by Staff reporter • 16 Feb 2015
Bendigo Bank’s miBanker app is a mobile relationship management tool designed to help the bank’s business... READ MORE

Small-amount loans: taboo or fundamental in the lending space?

by Paul Walshe • 16 Feb 2015
As this market emerges and becomes more mainstream with an estimated 750,000 consumers each year, this is a situation... READ MORE
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