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Lender
Lumi farewells Ahmed Khan, restructures distribution leadership
by Annie Kane • 11 Aug 2023
The fintech lender has confirmed it will restructure its distribution leadership team after its head of sales Ahmed...
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CBA broker flows drop
by Annie Kane • 10 Aug 2023
Mortgage broker originations fell at CBA in the financial year 2023, dropping to below 40 per cent of new CBA...
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Suncorp reveals broker originations increased to 80%
by • 10 Aug 2023
The third-party channel originated 80 per cent of the non-major bank’s home loans in the financial year 2023, an...
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Bankwest invests in the broker channel amid branch closures
by • 9 Aug 2023
The lender announced it will direct further investments in broker services amid declining branch transactions.
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A green home, a green planet
by • 8 Aug 2023
Australian home owners are embracing green home loans to combat skyrocketing energy costs while lowering their carbon...
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Pepper Money lowers serviceability buffer
by Adrian Suljanovic • 7 Aug 2023
The non-bank lender has announced it has decreased its serviceability buffers as part of a new package of options to...
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ANZ and Suncorp to ask Tribunal to review merger denial
by Annie Kane • 7 Aug 2023
The two banks will ask the Australian Competition Tribunal to review the ACCC’s decision not to grant them merger...
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Home loan competition concerns stymie ANZ-Suncorp merger
by Annie Kane • 4 Aug 2023
The competition watchdog has decided not to grant merger authorisation for ANZ to acquire Suncorp Bank due to home loan...
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RedZed confirms clawback changes
by Annie Kane • 4 Aug 2023
The non-bank lender has confirmed that it will move to a diminishing clawback scale for residential loan applications...
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A global outlook with local lending solutions
by Granite Home Loans • 3 Aug 2023
Continuing to provide niche products to their distribution partners, Granite has entered a new joint venture allowing...
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