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Major bank to appeal Federal Court decision

The big four bank is appealing a Federal Court decision, which found that the bank has breached its continuous disclosure obligations in relation to a share placement.

CBA Home Buying Index down in November

The major bank has recorded another drop in its Home Buying Index throughout the month of November.

Major banks move to speed up business lending

Two major lenders have announced moves to hasten the process of business lending.

Home buyer sentiment lifts in December: Westpac

The major bank has recorded a shift in home buyer sentiment, however, levels still remain weak by historical standards.

Wave Money appoints new head of lending

The non-bank lender has announced a key leadership appointment as it looks to continue business growth.

Ross McEwan appointed chair of ABA 

The major bank chief executive has been appointed chair of the Australian Banking Association for the next two years.

NAB to connect borrowers to home loan bankers in 15 minutes

Borrowers will be able to connect virtually with a home loan banker within 15 minutes, according to a new move by a big four bank.

Bluestone lowers serviceability buffer

The mortgage lender has lowered its serviceability buffer from 2 per cent to 1.5 per cent for certain borrowers, in a bid to help more broker clients access finance.

BOQ to address disadvantages and invest in ‘legacy issues’

The lender has confirmed it will put further investment into addressing “historic” issues, including developing its digital bank offering.

ACCC made ‘fatal mistake’ in blocking ANZ/Suncorp merger: ANZ counsel

The consumer watchdog has made a “fatal mistake” when it knocked back ANZ’s $4.9 billion acquisition of Suncorp Bank, the counsel representing ANZ has told the competition tribunal.

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