Bluestone, with its parent company Cerberus Capital Management, has agreed to supply fintech lender Athena Home Loans with $2 billion in funding.
New loan commitments soared to a record high in March, driven by a surge in investor lending, which accounted for more than half the increase, according to new data.
An anti-money laundering tech company has launched in Australia to help lenders and financial service providers complete their Know Your Cus...
The Reserve Bank has announced its cash rate decision for May, a week before the release of the federal budget.
A mutual bank has welcomed 3,000 new members after completing its merger with a credit co-operative.
Growth in owner-occupied lending bumped up the major bank’s mortgages book by $2.6 billion in 1HFY21, but this was partially offset by lower investor lending, it reported.
Increased auction activity has kickstarted the month of May, boding well for the continued strength of Australia’s major auction markets.
Treasury has said that it is looking at expanding the Consumer Data Right so that consumers can share “insights” obtained by CDR data to...
A big four bank has said that it will donate $1 million to World Vision Australia’s India COVID-19 Appeal to help with “the unfolding health crisis” there.
Investor lending grew at double the rate in March compared with February, but owner-occupied lending continued to outpace investor lending, new APRA data shows.