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Macquarie has 5% of mortgage market

The bank’s mortgage book grew 6 per cent in the six months to September, taking its consumer home loan portfolio to $114 billion or 5.1 per cent of the Australian market.

Lenders pass on RBA’s November rate hike

Australia’s banks have begun raising interest rates on home loan and savings after the RBA’s latest rate increase.

Westpac reports $51bn fixed-rate roll off

Westpac has reported the "largest proportion" of fixed-rate loans rolled off during the financial year 2023.

Summerland Credit Union transitions to a bank

The Northern Rivers of NSW lender has transitioned to become a bank as it “seeks to put the power back in the hands of the community”.

New CEO appointed at Suncorp Bank

The non-major bank has appointed a new chief executive following resignation of Clive van Horen.

Thinktank closes fifth RMBS issue

The non-bank lender has announced it has successfully closed another RMBS issue.

APRA stats reveal another drop in CBA mortgage book

The major bank has continued its downward trajectory, recording another month of losses driven by a decrease in its owner-occupier loan book.

BNK loan book up 5% in 1Q24

Higher margin lending helped the banking group grow its loan book over the first quarter of the 2024 financial year.

Australians encouraged to ask for loan help 

Those struggling with mortgage repayments are being encouraged to ask their lender for help in a new campaign from the ABA.

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