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Lender

Arrears start to rise at major banks

by Ben Squires • 19 Aug 2024
The home loan arrears rates are increasing at the major banks, as high interest rates and cost-of-living pressures... READ MORE

Two-thirds of CBA home loans originated through direct channel

by Annie Kane • 15 Aug 2024
Australia’s largest lender continues to see broker flows drop, with its proprietary channel now writing around 66 per... READ MORE

Prospa acquired by Salter Brothers consortium

by Adrian Suljanovic • 14 Aug 2024
The SME lender has announced the acquisition by a consortium led by the Salter Brothers Tech Fund has been... READ MORE

A ‘tactical reduction’ sees AMP’s mortgage book drop

by Adrian Suljanovic • 9 Aug 2024
The number of new loans written by the non-major bank has dropped during 1H24. READ MORE

Long-term SME confidence takes a hit

by Adrian Suljanovic • 9 Aug 2024
Small-business confidence continues to deteriorate amid elevated interest rates and stubborn inflation. READ MORE

Majors observe hawkish shift in RBA’s stance

by Adrian Suljanovic • 8 Aug 2024
While the cash rate remains at 4.35 per cent, major bank economists have noted the hawkish tone from the board... READ MORE

ANZ appoints new managing director, Qld

by Ben Squires • 8 Aug 2024
The appointment has come after the long-awaited completion of the ANZ-Suncorp merger. READ MORE

Westpac axes RAMS

by Adrian Suljanovic • 6 Aug 2024
A major bank has closed the doors on its subsidiary business following a “strategic review”. READ MORE

MONEYME records strong loan origination growth

by Adrian Suljanovic • 6 Aug 2024
The digital lender has revealed a surge in loan originations during the quarter ending 30 June 2024. READ MORE

ANZ-Suncorp merger completed

by Adrian Suljanovic • 6 Aug 2024
The entities have officially completed their merger as of 1 August 2024. READ MORE