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Lender

A pause in rate hikes isn’t the time to pause in planning

by MyState Bank • 28 Jul 2023
Australian borrowers breathed a collective sigh of relief when the Reserve Bank chose to hold on interest rates at its... READ MORE

Second major bank changes clawback policy

by Annie Kane • 27 Jul 2023
A big four bank has confirmed that it will be reducing its clawback structure by six months for all consumer mortgages... READ MORE

Earlypay appoints 4 managers 

by Josh Needs • 27 Jul 2023
The new starters at the SME lender will help the non-bank ‘build out’ its offerings and networks, it has said. READ MORE

Alex Bank settlements rise 94%

by Adrian Suljanovic • 26 Jul 2023
The digital bank has reported its “strongest year” in its financial year 2023 results, driven by continued broker... READ MORE

ANZ-Suncorp merger decision extended again

by • 26 Jul 2023
The major bank has agreed to grant the ACCC one additional week to deliver a final decision on the merger. READ MORE

Resimac announces leadership changes 

by Josh Needs • 25 Jul 2023
The non-bank lender’s revamped strategy will see several senior leadership positions expanded in a bid to improve... READ MORE

TP24 secures $585m global debt deal, eyes Aussie growth

by Annie Kane • 24 Jul 2023
Around a third of the $585 million will go towards growing the Australian SME lending business, the chief executive of... READ MORE

Jason Yetton to become CEO of consumer banking at Westpac

by Annie Kane • 19 Jul 2023
The big four bank has announced a major restructuring, including appointing two separate heads to lead its business and... READ MORE

Smaller bank turnarounds at slowest level in 13 months: Broker Pulse

by Malavika Santhebennur • 19 Jul 2023
The time taken to reach an initial credit decision at the smaller banks increased last month to the highest level in... READ MORE

Plenti loan portfolio up by 32% in 4Q23

by Adrian Suljanovic • 19 Jul 2023
The personal lender’s loan portfolio rose for the quarter ended 30 June 2023. READ MORE