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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.

Beyond Bank appoints new CEO

The former chief executive of RAMS has assumed the role of CEO at Beyond Bank.

Auswide Bank appoints next CEO 

The lender has revealed its next managing director and chief executive.

CBA mortgage book holds steady in October: APRA

The major bank’s loan book has recorded a slight increase, breaking three consecutive months of declines.

Dynamoney appoints new chairman 

The recently rebranded SME lender has revealed its new chair following the retirement of John Murphy.

Firstmac completes $300m auto ABS issue

The non-bank lender has completed its second-ever auto ABS transaction at $300 million.

Financial hardship rises for sixth consecutive quarter: NAB 

The major lender has found the number of Australians who have experienced financial hardship rose to 44 per cent in Q3 2023.

In Memoriam: Cameron Small, 1969–2023

Cameron Small, a long-serving member of the finance industry and experienced CFO, has passed away at the age of 54.


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