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Helia announces new chair

The LMI provider has named its new chair at the conclusion of its AGM.

Firstmac customer data allegedly leaked on darknet

The non-bank lender is “urgently investigating” after hackers behind the “cyber incident” published a profusion of data allegedly relating to the lender’s customers.

75% think banks are prioritising profit over service

The majority of Australians believe that banks are putting profits over customer service, according to new data from COBA.

Brokers settled $28bn ANZ home loans in 1H24

The major bank has said that mortgage brokers settled the majority of its home loans in its half-year results.

Westpac housing loans up 5% YOY

The group’s total mortgage portfolio has increased by over $50 billion, according to its latest financial results.

Should we be calling Macquarie a major bank now?

OPINION Macquarie’s latest financial results show its mortgage book accounts for over 5 per cent of the bank market share, so should we be calling it a major bank?

P&N Bank withdraws from Home Guarantee Scheme

The lender will soon cease offering loans for the government’s Home Guarantee Scheme due to “operational factors”.

Returns on NAB broker loans ‘below the cost of capital’

The new chief executive of the major bank has revealed that returns on broker loans are “below the cost of capital” due to “price premiums” in the channel.

BNK loan book holds steady in 3Q24

The ASX-listed lender has released its trading update for the third quarter of the financial year 2024.

Heartland Bank acquires Challenger Bank

The New Zealand bank has officially acquired the digital bank following approval from regulatory boards.

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