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ANZ-Suncorp merger given green light

The Australian Competition Tribunal has overturned the ACCC’s decision to block the ANZ-Suncorp merger – giving it the green light to proceed.

ANZ-Suncorp merger appeal to be handed down today

The Australian Competition Tribunal will hand down its determination relating to ANZ’s proposed acquisition of Suncorp Bank today.

Most mortgagors are still ahead on repayments: Westpac

The banking group has confirmed that most Aussies are ahead of their mortgage repayments despite cost-of-living pressures.

New AMP chair appointed

A non-executive director of AMP has been appointed as the new chair of the group as Debra Hazelton retires.

CBA’s loan flow contraction continues

New home loans funded by the major bank have once again declined year-on-year.

AMP reveals increase in broker flow for FY23

Broker channels are dominating residential loans at AMP, according to the bank’s results for FY23.

Bank announces new head of home lending

The non-major lender has announced that it has appointed a new head of home lending and broker distribution.

Non-major welcomes new executive team appointment

The lender has welcomed a new member to its executive team after hiring a new chief risk officer.

Rate Money reaches $7bn settlement milestone

The mortgage manager has surpassed $7 billion in settlements since launching five years ago.

Brighten reduces buffer, enhances policy to improve serviceability

The non-bank lender has reduced its serviceability buffer and made some changes to its policy in a bid to address serviceability concerns.

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