Major bank appoints new CEO
A big four bank has announced the appointment of a new chief executive officer.
New bank to launch mortgages by Q4 2019
Digital neo-lender 86 400 has been granted a full authorised deposit-taking institution licence by APRA and expects to launch its mortgage ...
APRA ‘slow to embrace’ pro-competitive innovation
The prudential regulator’s “risk-averse” approach has inhibited financial services firms from innovating and adopting technologies tha...
SME lender changes name to reflect new vision
Lending Express has been rebranded to Become to reflect that it offers “much more than just speed” to small businesses in need of funding.
Labour trends ‘not dramatic enough’ to force RBA’s hand
The Reserve Bank will not be tempted to cut the cash rate in August, despite “significant spare capacity” remaining in the labour market, according to AMP Capital.
Mortgage commitments rising despite slip in home ownership
An increasing number of Australians are tied to a mortgage, despite a fall in the home ownership rate, new ABS data has revealed.
CBA writes $150m sustainability loan
The Commonwealth Bank of Australia has agreed to provide $150 million of debt funding to Queensland Airports Ltd, with $75 million committed...
NHFIC writes first construction loan with a CHP
The National Housing Finance and Investment Corporation has provided two loans to social and affordable housing providers, including its fir...
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Choice is crucial: Growth would slow without brokers
