Genworth loses Westpac's business

Mortgage insurer Genworth Australia announced yesterday that Westpac had given notice that it was terminating its agreement with Genworth for the provision of lenders mortgage insurance. read more

Homeloans acquires Barnes Home Loans

Specialist mortgage lender Homeloans Ltd has acquired a Brisbane mortgage manager, Barnes Mortgage Management. The deal will add about A$500 million to Homeloans' loan book. read more

Chronican quits ANZ

The chief executive of ANZ's Australian operations, Phil Chronican, has resigned after five years with the bank. read more