Non-major lender Bendigo and Adelaide Bank has agreed to buy more than a quarter of the value of a government-backed lender’s loan book.
Building society Newcastle Permanent has delivered a net profit after tax in excess of $40m, with growth in its loan book a key contributor to the result.
Industry super fund-owned bank ME remains on a strong growth path, with the non-major lender announcing a healthy profit increase across the 2016 financial year
Property buyers have responded positively to the Reserve Bank of Australia’s August cash rate cut, with figures from one lender showing a sharp increase in interest in mortgage enquiries following the decision
Major bank market share of fixed rate mortgages has surged, now comprising over three quarters of AFG’s fixed rate market share
Non-major lender Auswide Bank has decreased interest rates for investors
Australian banks have a deep-rooted problem with risk culture, which has led to a lack of trust in the sector, a new report has warned
The number of Australians aged 65 years with a mortgage has risen by more than a quarter in the past three years, new research has revealed
Bank Australia has been crowned as CANSTAR Customer Owned Bank of the Year in 2016
A peer-to-peer business lending platform has streamlined the assessment process with the launch of a new credit assessment tool