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Lender
Broker flows a ‘key component’ for lending business: MyState
by Charlotte Humphrys • 26 Feb 2024
Broker flows have remained stable at the non-major bank, with more than 80 per cent of residential loans being...
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MA Money loan book up by 244%
by Adrian Suljanovic • 26 Feb 2024
The lender’s parent company has reported accelerated growth for its loan book in its financial year 2023 results.
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Pre-September rate cuts ‘unlikely’: Westpac
by Adrian Suljanovic • 23 Feb 2024
The major bank has outlined its reasoning for its interest rate cut timeline.
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SME bank pulls back from commercial property exposure
by Annie Kane • 22 Feb 2024
The ASX-listed lender has decreased its commercial real estate lending and will reduce its property investment exposure...
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Judo Bank announces new CEO
by Annie Kane • 20 Feb 2024
The co-founder and chief executive of the ASX-listed lender is to step down from his position, with a successor taking...
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ANZ granted unconditional merger authorisation to buy Suncorp Bank
by Annie Kane • 20 Feb 2024
The Australian Competition Tribunal has overturned the ACCC’s decision to block the ANZ-Suncorp merger – giving it...
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Metro apologises for delays following IT ‘incident’
by Annie Kane • 20 Feb 2024
The SME lender has issued an apology to brokers after an IT ‘incident’ left it unable to originate new loans.
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Resimac reaches $1bn in asset finance AUM
by Charlotte Humphrys • 19 Feb 2024
The asset finance arm of the non-bank has reached $1 billion in assets under management and expects to settle $1...
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RedZed expands SMSF offering
by Charlotte Humphrys • 15 Feb 2024
Non-bank lender RedZed has launched two new SMSF products that aim to target self-employed buyers hoping to invest.
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Bank of Sydney announces new head of broker
by Annie Kane • 14 Feb 2024
The non-major lender has announced that it has appointed a new head of broker distribution.
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