Briefs: Former NAB exec joins ING board, deposit scheme extended

Banking Day staff
  • Former group executive for personal banking at NAB, Lisa Gray, has joined the board of ING Bank (Australia). She is currently the chief executive of Victorian Funds Management Corp, the investment manager for the state of Victoria.

 

  • The First Home Loan Deposit Scheme will be extended to an additional 10,000 first home buyers. The scheme “has already helped almost 20,000 first home buyers purchase a home this year with a deposit as low as 5 per cent,” the treasurer, Josh Frydenberg said on Friday. The additional guarantees will be available until 30 June 2021.