AMP Bank re-enters SMSF lending with SuperEdge

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AMP Bank is re-launching SuperEdge, its residential Self Managed Super Fund (SMSF) lending solution, marking the Bank’s return to SMSF property lending for brokers and their customers. With more than

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John Arnott joins AMP Bank to lead new digital division

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AMP Bank announces that John Arnott has joined as Director, Small Business and Personal Banking. John is leading AMP Bank’s new digital banking division, which is on track for public

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Financial stress among working Australians at ‘decade highs’

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Key insights 1 in 3 Australians feel financially secure, down from half during the pandemic 1 in 3 Australians have cancelled streaming subscriptions and gym memberships, with more Australians turning

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Talking ‘bout my generation: under 40s and their parents not communicating on intergenerational wealth matters

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Key points Most under 40s haven’t spoken to their parents about wealth transferral Under 40s not relying on ‘bank of mum and dad’, despite housing unaffordability fears Half of under

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AMP to launch new digital bank designed for small business 

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Key points AMP to launch digital bank division built specifically for the transaction needs of sole traders and small business. AMP to work with Engine by Starling (Engine), the SaaS

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AMP Bank halves turnaround times for loan increases, launches streamlined application process

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AMP Bank has launched a digitally enhanced application process for customers seeking to increase the size of their home loan. Turnaround times are now twice as fast since AMP Bank

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Seven in 10 homeowners with a fixed-rate loan don’t know what their variable rate will be

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New national research from AMP Bank has found that 7 in 10 (69%) homeowners with a fixed home loan component don’t know the variable revert rate they would roll onto.

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AMP Bank launches mortgage broking finance offering, strengthening commitment to intermediary channel

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AMP Bank has announced it will begin lending to mortgage broking businesses, strengthening its commitment to the mortgage broking industry. Mortgage broking finance builds on the Bank’s deep experience in

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More homeowners take action to cushion rates impact, improve financial position  

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New research released by AMP Bank has confirmed that while an increasing number of Australian mortgage holders are concerned about rising interest rates, the majority are taking positive steps now

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AMP Bank acquires Nano home loan book

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AMP Bank has announced the acquisition of Nano’s residential mortgage portfolio, adding approximately A$400 million in loans to AMP Bank’s residential mortgage book. The acquisition continues to support the growth

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