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Asian growth helps ANZ deliver strong profit

ANZ today announced an unaudited cash profit of $5.2 billion and an unaudited statutory net profit of $5.0 billion for the nine months to 30 June 2014, both up eight per cent on the same ...

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Lender warns of ‘teaser’ rates

Borrowers should choose their home loan by the comparison interest rate and not by bargain rates which could cost them more than $100,000 in extra interest.

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La Trobe Financial appoints new executive

La Trobe Financial has appointed Robyn Eacott as executive head of business analysis – information technology.

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Murray Inquiry creates ‘confusion’ for CBA

The head of Australia’s biggest bank says findings from the Murray Inquiry interim report confuse overseas funders over the capital strength of Australian banks.

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Suncorp Bank lending up five per cent

Suncorp Bank has released its full year results, revealing a five per cent increase in home lending.

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Former RAMS manager commences new role

Banking and wealth management group MyState Limited announced the appointment this week of its new general manager, sales and distribution.

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No margin squeeze for CBA after record profit

Australia’s biggest lender has achieved a record $8.6 billion profit for the 2013/2014 financial year.

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Consumer appetite for major lenders increasing

Existing and prospective mortgage holders are increasingly looking to the big four banks when choosing a home loan.

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CBA chief announces executive changes

Commonwealth Bank chief executive Ian Narev has announced changes to the lender’s senior executive team.

mortgagebusiness
Heritage Bank lending recovers

Mutual lender Heritage Bank has reported strong lending growth for the 2013/2014 financial year.

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