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
The second set in the latest round of public hearings by the House Standing Committee on Economics is set to kick off later this week
Australian lenders saw profits soar by nearly 20% in the last year - and non-majors are driving the charge.
ANZ bank has boosted its satisfaction rating amongst business customers in the past two months, leaving NAB trailing behind.
The MFAA's train-the-mentor program has been relaunched with a lower cost and a shorter time frame.
This year COSL received three times as many complaints about LMIs compared to previous years, and one industry association is calling for "major reforms".
One of Japan's largest banks has struck a landmark deal with a non-major Australian lender, paving the way for further overseas involvement in the home loan market.
Reports that banks are relaxing lending standards are entirely false, and there's evidence standards are actually tightening, says one Sydney broker.