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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...
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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...
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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...
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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.
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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.
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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...
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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.
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Westpac axes RAMS
by Adrian Suljanovic • 6 Aug 2024
A major bank has closed the doors on its subsidiary business following a “strategic review”.
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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.
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ANZ-Suncorp merger completed
by Adrian Suljanovic • 6 Aug 2024
The entities have officially completed their merger as of 1 August 2024.
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