The refunds will be sent to customers who did not automatically receive benefits to which they were entitled under the bank's package deals
The appointment comes at the beginning of the next phase of growth for the small and medium business lender
The move will restrict new applications for certain criteria of investment loans within select metro and CBD postcodes
The decline was partly influenced by an increase in outstanding loan balances, according to one global ratings agency
With the Reserve Bank’s interest rate cutting cycle seemingly coming to an end, borrowers flocked to fixed rate loan products in November.
The insurance industry has called for increasing transparency around Lenders’ Mortgage Insurance, after complaints to the Credit Ombudsman tripled in the past year.
Westpac group has appointed one of ANZ's senior executives to head up its subsidiary BankSA.
Commonwealth Bank has claimed it will 'confidently defend' itself against allegations it benefited from engineering Bankwest loan defaults.
Macquarie Bank recorded over 20% growth in its mortgage book in the past year, while ANZ and NAB continue to lead the big four banks in growth.
Australian investors are now the least risk-averse globally according to the latest research.