The panel
The active lender panel — and the change history we maintain.
Below is the live policy state across 73 active Australian home-loan lenders on the Connective panel — maximum LVR (owner-occupied and investor), DTI ratio cap, lender assessment rate, APRA buffer, and turnaround time — per lender, sortable. Followed by every detected policy and rate change we've tracked between Connective matrix releases. This is the intelligence layer most brokers keep internal.
Most brokers treat lender policy as proprietary. We don't.
Every active broker in Australia is working from the same published Connective matrix — the same spreadsheet, the same fields, the same data. The difference between brokers is how that data gets used. The mainstream answer is "kept on the broker's hard drive, opened on a deal-by-deal basis, summarised verbally to clients on the phone."
This page is the alternative version — panel state in public, change history in public, methodology cited. Borrowers can see the variation between lenders before they ever speak to a broker. Accountants and other professional referrers can see what the panel looks like. Competitors can see it too. We're comfortable with that trade — the work is in applying the panel to a specific file, not in hoarding the spreadsheet.
Live lender panel — 73 active home-loan lenders
Each lender's current policy on the four levers that decide most files: maximum LVR (owner-occupied and investor), maximum DTI ratio, and the lender's assessment rate. Plus turnaround benchmark in days from submission to unconditional approval — sourced from our own settlement records over the last 12 months. Click any column to sort. Search to filter by lender name.
| Lender | Type | Max LVR owner-occ |
Max LVR investor |
DTI cap | Assess rate | Turnaround days |
|---|---|---|---|---|---|---|
| ANZ | Bank | 97% | 95% | 7x | 8.5% | 14 |
| Australian Military Bank | Bank | 98% | 80% | 6.5x | 8.5% | 67 |
| Auswide Bank | Bank | 95% | 80% | 6.5x | 8.5% | — |
| Bank Australia | Bank | 98% | 90% | 6.5x | 8.5% | 11 |
| Bank of China | Bank | 90% | 80% | 6.5x | 8.5% | 15 |
| Bank of Melbourne | Bank | 95% | 80% | 7x | 8.5% | 5 |
| Bank of QLD | Bank | 95% | 80% | 7x | 8.5% | 18 |
| Bank of Sydney | Bank | 95% | 90% | 6.5x | 8.5% | 7 |
| Bank SA | Bank | 95% | 80% | 7x | 8.5% | 7 |
| Bankwest | Bank | 98% | 80% | 7x | 8.5% | 4 |
| Bendigo Bank | Bank | 95% | 90% | 7x | 8.94% | — |
| Beyond Bank | Bank | 98% | 90% | 6.5x | 8.5% | 12 |
| Commonwealth Bank | Bank | 95% | 80% | 7x | 8.5% | 7 |
| Connective Select (Bendigo Bank) | Bank | 95% | 80% | 6x | 8.5% | — |
| Firefighters Mutual Bank | Bank | 95% | 80% | 6.5x | 8.5% | 8 |
| Great Southern Bank | Bank | 98% | 90% | 6.5x | 8.5% | 5 |
| Health Professionals Bank | Bank | 95% | 80% | 6.5x | 8.5% | 13 |
| Heritage Bank | Bank | 95% | 80% | 7x | 8.5% | 6 |
| Hume Bank | Bank | 98% | 90% | 6.5x | 8.5% | — |
| NAB | Bank | 95% | 80% | 7x | 8.5% | 6 |
| P&N Bank | Bank | 95% | 80% | 6.5x | 8.5% | 5 |
| QBANK | Bank | 98% | 95% | 6.5x | 8.5% | 5 |
| Queensland Country Bank | Bank | 95% | 95% | 6.5x | 8.5% | — |
| St George Bank | Bank | 95% | 80% | 7x | 8.5% | 6 |
| Suncorp Bank | Bank | 95% | 80% | 7x | 8.5% | 4 |
| Teachers Mutual Bank | Bank | 95% | 80% | 6.5x | 8.5% | 14 |
| UBank | Bank | — | 90% | 7x | 8.5% | 5 |
| UniBank | Bank | 95% | 80% | 6.5x | 8.5% | 15 |
| Westpac | Bank | 95% | 80% | 7x | 8.5% | 6 |
| AMP Bank | Non-bank | 95% | 80% | 7x | 8.5% | 8 |
| ASCF | Non-bank | 80% | 80% | 6x | 8.5% | — |
| Better Choice Home Loans | Non-bank | 95% | 80% | 7x | 8.75% | — |
| Better Mortgage Management | Non-bank | 98% | 85% | 6x | 8.5% | — |
| Bluebay Home Loans | Non-bank | 98% | 95% | 6x | 8.5% | — |
| Bluestone Mortgages | Non-bank | 85% | 80% | 8.5x | 9.5% | — |
| Columbus Capital | Non-bank | 90% | 85% | 7x | 8.75% | — |
| Connective Advance (Thinktank) | Non-bank | — | 80% | 6x | 8.5% | — |
| Connective Bridge (Bridgit) | Non-bank | — | 85% | 6x | 8.5% | — |
| Connective Complete (Connective) | Non-bank | — | 90% | 6x | 8.5% | — |
| Connective Elevate (Bluestone) | Non-bank | — | 90% | 6x | 8.5% | — |
| Connective Essentials (Advantedge) | Non-bank | — | — | 6x | 8.5% | — |
| Connective Horizon (Brighten) | Non-bank | 95% | 80% | 6x | 8.5% | — |
| Firstmac | Non-bank | 90% | 80% | 6.5x | 8.5% | 11 |
| Funding | Non-bank | 65% | 65% | 8x | 9.5% | — |
| Granite Home Loans | Non-bank | 95% | 80% | 7x | 8.75% | — |
| Hejaz Financial Services | Non-bank | 95% | 95% | 6.5x | 8.5% | — |
| Homestar Finance | Non-bank | 95% | 90% | 6.5x | 8.5% | — |
| HomeStart Finance | Non-bank | 98% | — | 7x | 8% | 25 |
| HSBC | Non-bank | 90% | 90% | 7x | 8.5% | 5 |
| ING | Non-bank | 95% | 80% | 7x | 8.5% | 8 |
| Judo Bank | Non-bank | 95% | 90% | 6x | 8.5% | — |
| Keystart | Non-bank | — | 98% | 7x | 8% | 23 |
| La Trobe Financial | Non-bank | — | 80% | 7x | 8.6% | — |
| Liberty Financial | Non-bank | 95% | 95% | 7.5x | 8.75% | — |
| Macquarie Bank | Non-bank | 95% | 80% | 7x | 8.5% | 2 |
| ME | Non-bank | 95% | 80% | 7x | 8.5% | 7 |
| MyState | Non-bank | 100% | 80% | 6.5x | 8.5% | 15 |
| Newcastle Permanent | Non-bank | 95% | 80% | 6.5x | 8.5% | 15 |
| ORDE Financial | Non-bank | — | 85% | 6x | 8.5% | — |
| OwnHome | Non-bank | — | 100% | 6x | 8.5% | — |
| Paramount Mortgage Services | Non-bank | — | 95% | 6x | 8.5% | — |
| Pepper Money | Non-bank | 95% | 85% | 8x | 9% | 14 |
| Pepper Money Multi-Product | Non-bank | 95% | 90% | 8x | 9% | — |
| RedZed | Non-bank | — | 90% | 8x | 9% | 13 |
| Resimac | Non-bank | 95% | 80% | 7x | 8.75% | 15 |
| The Capricornian | Non-bank | 95% | 90% | 6x | 8.64% | — |
| BCU | Credit union / mutual | 95% | 90% | 6.5x | 8.5% | 66 |
| Credit Union SA | Credit union / mutual | 97% | 97% | 6.5x | 8.5% | 26 |
| Gateway Bank | Credit union / mutual | 95% | 80% | 6x | 8.5% | — |
| GMCU | Credit union / mutual | 95% | 95% | 6.5x | 8.64% | 23 |
| People First Bank | Credit union / mutual | 95% | 80% | 6x | 8.5% | — |
| Peoples Choice Credit Union | Credit union / mutual | 90% | 90% | 6.5x | 8.49% | — |
| The Capricornian Bank | Credit union / mutual | 95% | 95% | 6.5x | 8.5% | — |
Lenders shown link through to their detailed comparison page where one exists. The remaining lenders on the panel are in the backlog — see /lenders/ for the full set of dedicated pages.
Recent policy and rate changes — the moat in motion
Every change we detect between Connective matrix releases is logged and surfaced here. Application fees, LVR caps, assessment rate adjustments, rate moves picked up via direct lender web scrapes. The list below is most-recent first. The history compounds over time as more matrix releases are imported — building the longitudinal view that mainstream brokerage doesn't publish.
Policy changes
| When | Lender | Field | Change | Source |
|---|---|---|---|---|
| 1 Jun 2026 | Westpac | Avg Turnaround Days | 14 → 8 | matrix |
| 1 Jun 2026 | Westpac | Discharge Fee | $350.00 → $250.00 | matrix |
| 1 Jun 2026 | UniBank | Avg Turnaround Days | 14 → 16 | matrix |
| 1 Jun 2026 | UniBank | Settlement Fee | $0.00 → $250.00 | matrix |
| 1 Jun 2026 | UniBank | Discharge Fee | $350.00 → $250.00 | matrix |
| 1 Jun 2026 | UBank | Avg Turnaround Days | 14 → 5 | matrix |
| 1 Jun 2026 | UBank | Settlement Fee | $0.00 → $250.00 | matrix |
| 1 Jun 2026 | UBank | Discharge Fee | $350.00 → $300.00 | matrix |
| 1 Jun 2026 | The Capricornian Bank | Application fee | $0.00 → $500.00 | matrix |
| 1 Jun 2026 | The Capricornian Bank | Discharge Fee | $350.00 → $480.00 | matrix |
| 1 Jun 2026 | Teachers Mutual Bank | Avg Turnaround Days | 14 → 15 | matrix |
| 1 Jun 2026 | Teachers Mutual Bank | Settlement Fee | $0.00 → $250.00 | matrix |
| 1 Jun 2026 | Teachers Mutual Bank | Discharge Fee | $350.00 → $250.00 | matrix |
| 1 Jun 2026 | Suncorp Bank | Avg Turnaround Days | 14 → 4 | matrix |
| 1 Jun 2026 | Suncorp Bank | Application fee | $0.00 → $600.00 | matrix |
| 1 Jun 2026 | St George Bank | Avg Turnaround Days | 14 → 7 | matrix |
| 1 Jun 2026 | St George Bank | Settlement Fee | $0.00 → $100.00 | matrix |
| 1 Jun 2026 | St George Bank | Application fee | $0.00 → $600.00 | matrix |
| 1 Jun 2026 | Resimac | Avg Turnaround Days | 14 → 13 | matrix |
| 1 Jun 2026 | Resimac | Settlement Fee | $0.00 → $199.00 | matrix |
| 1 Jun 2026 | Resimac | Discharge Fee | $350.00 → $300.00 | matrix |
| 1 Jun 2026 | RedZed | Avg Turnaround Days | 14 → 11 | matrix |
| 1 Jun 2026 | RedZed | Settlement Fee | $0.00 → $975.00 | matrix |
| 1 Jun 2026 | RedZed | Application fee | $0.00 → $399.00 | matrix |
| 1 Jun 2026 | RedZed | Discharge Fee | $350.00 → $690.00 | matrix |
| 1 Jun 2026 | Queensland Country Bank | Application fee | $0.00 → $250.00 | matrix |
| 1 Jun 2026 | QBANK | Settlement Fee | $0.00 → $195.00 | matrix |
| 1 Jun 2026 | QBANK | Application fee | $0.00 → $700.00 | matrix |
| 1 Jun 2026 | QBANK | Discharge Fee | $350.00 → $530.00 | matrix |
| 1 Jun 2026 | Pepper Money | Avg Turnaround Days | 14 → 11 | matrix |
| 1 Jun 2026 | Pepper Money | Application fee | $0.00 → $599.00 | matrix |
| 1 Jun 2026 | Pepper Money | Discharge Fee | $350.00 → $500.00 | matrix |
| 1 Jun 2026 | P&N Bank | Avg Turnaround Days | 14 → 9 | matrix |
| 1 Jun 2026 | P&N Bank | Discharge Fee | $350.00 → $395.00 | matrix |
| 1 Jun 2026 | Newcastle Permanent | Application fee | $0.00 → $595.00 | matrix |
| 1 Jun 2026 | Newcastle Permanent | Discharge Fee | $350.00 → $250.00 | matrix |
| 1 Jun 2026 | NAB | Avg Turnaround Days | 14 → 7 | matrix |
| 1 Jun 2026 | NAB | Discharge Fee | $350.00 → $300.00 | matrix |
| 1 Jun 2026 | MyState | Avg Turnaround Days | 14 → 8 | matrix |
| 1 Jun 2026 | MyState | Settlement Fee | $0.00 → $350.00 | matrix |
| 1 Jun 2026 | MyState | Application fee | $0.00 → $300.00 | matrix |
| 1 Jun 2026 | MyState | Discharge Fee | $350.00 → $380.00 | matrix |
| 1 Jun 2026 | ME | Avg Turnaround Days | 14 → 7 | matrix |
| 1 Jun 2026 | ME | Settlement Fee | $0.00 → $110.00 | matrix |
| 1 Jun 2026 | Macquarie Bank | Avg Turnaround Days | 14 → 2 | matrix |
| 1 Jun 2026 | Macquarie Bank | Discharge Fee | $350.00 → $400.00 | matrix |
| 1 Jun 2026 | Liberty Financial | Settlement Fee | $0.00 → $495.00 | matrix |
| 1 Jun 2026 | Liberty Financial | Discharge Fee | $350.00 → $395.00 | matrix |
| 1 Jun 2026 | La Trobe Financial | Settlement Fee | $0.00 → $250.00 | matrix |
| 1 Jun 2026 | La Trobe Financial | Application fee | $0.00 → $550.00 | matrix |
Rate changes
| When | Lender | Rate type | Change | Source |
|---|---|---|---|---|
| 8 Jun 2026 | MoneyMe Personal | Personal | 5.99% ↑ 6.24% | web scrape |
| 1 Jun 2026 | Westpac | Owner-occupied | 6.17% ↓ 5.99% | web scrape |
| 18 May 2026 | Westpac | Owner-occupied | 5.74% ↑ 5.99% | web scrape |
| 20 Apr 2026 | Wisr Personal Finance | Personal | 7.19% ↑ 7.44% | web scrape |
| 6 Apr 2026 | Westpac | Owner-occupied | 5.49% ↑ 5.74% | web scrape |
| 30 Mar 2026 | Wisr Personal Finance | Personal | 6.94% ↑ 7.19% | web scrape |
| 30 Mar 2026 | Westpac | Owner-occupied | 5.74% ↓ 5.49% | web scrape |
| 30 Mar 2026 | SocietyOne | Personal | 9.45% ↓ 9.2% | web scrape |
| 30 Mar 2026 | MoneyMe Personal | Personal | 6.24% ↓ 5.99% | web scrape |
| 30 Mar 2026 | Latitude Personal Finance | Personal | 16.25% ↓ 16% | web scrape |
| 30 Mar 2026 | Harmoney Personal Loans | Personal | 6.01% ↓ 5.76% | web scrape |
| 24 Mar 2026 | The Capricornian | Owner-occupied | 5.39% ↑ 5.64% | manual |
| 24 Mar 2026 | Columbus Capital | Owner-occupied | 5.59% ↑ 5.84% | manual |
| 24 Mar 2026 | Homestar Finance | Owner-occupied | 5.49% ↑ 5.74% | manual |
| 24 Mar 2026 | Better Choice Home Loans | Owner-occupied | 5.79% ↑ 6.04% | manual |
| 24 Mar 2026 | Bendigo Bank | Owner-occupied | 5.69% ↑ 5.94% | manual |
| 24 Mar 2026 | Pepper Money Multi-Product | Owner-occupied | 6.14% ↑ 6.39% | manual |
| 24 Mar 2026 | Westpac | Owner-occupied | 5.49% ↑ 5.74% | manual |
| 24 Mar 2026 | UniBank | Owner-occupied | 5.24% ↑ 5.49% | manual |
| 24 Mar 2026 | UBank | Owner-occupied | 5.59% ↑ 5.84% | manual |
| 24 Mar 2026 | Teachers Mutual Bank | Owner-occupied | 5.24% ↑ 5.49% | manual |
| 24 Mar 2026 | Suncorp Bank | Owner-occupied | 5.64% ↑ 5.89% | manual |
| 24 Mar 2026 | St George Bank | Owner-occupied | 5.39% ↑ 5.64% | manual |
| 24 Mar 2026 | Resimac | Owner-occupied | 5.89% ↑ 6.14% | manual |
| 24 Mar 2026 | RedZed | Owner-occupied | 6.42% ↑ 6.67% | manual |
| 24 Mar 2026 | Queensland Country Bank | Owner-occupied | 5.19% ↑ 5.44% | manual |
| 24 Mar 2026 | QBANK | Owner-occupied | 5.24% ↑ 5.49% | manual |
| 24 Mar 2026 | Pepper Money | Owner-occupied | 6.14% ↑ 6.39% | manual |
| 24 Mar 2026 | Peoples Choice Credit Union | Owner-occupied | 5.24% ↑ 5.49% | manual |
| 24 Mar 2026 | P&N Bank | Owner-occupied | 5.38% ↑ 5.63% | manual |
Want a deeper longitudinal view? The change history grows with each Connective matrix release (next expected ~July 2026) and each detected web-scrape change. Subscribe to the panel newsletter via the contact form for a quarterly digest of meaningful changes.
Run your file across the live panel
The panel state above is the input. The output is what each lender will actually do with your specific file — borrowing capacity, refinance break-even, LMI position. Each calculator runs against this live data.
Borrowing capacity → Refinance break-even →How the panel data is maintained
Four data sources, one canonical state
The panel state is rebuilt every time the underlying data
changes. Four upstream sources feed into the canonical
lender_policies table:
- Connective Lender Information Matrix — the
quarterly release from Connective Credit Services Pty Ltd (our
aggregator, holder of Australian Credit Licence #389328).
Released approximately every 2-3 months. Each release
re-imports policy fields for the full panel and surfaces
diffs as
lender_policy_changesrecords. - Connective Product Information Matrix — companion quarterly release covering specific loan products, rate bands and fee structures. Imported alongside the policy matrix.
- Direct lender web scrapes — for rate
changes between matrix releases. We track the published
rates at major lenders and detect changes within 24
hours of publication. Logged as
lender_rate_historyrows with the source URL preserved for verification. - BDM updates — when an Connective Business
Development Manager flags a policy change ahead of the
next matrix release (or correcting an error in a
previous release), the change is logged manually with
source
bdm_update.
Every cell in the table above can be traced back to one of these four sources. The page surfaces the canonical current state plus the audit trail of how it got there.
Working on a file? Run the panel sweep.
The panel-aware calculators run your inputs against every active lender's actual policy. Same file shape, different lender — typically a 20-40% spread in borrowing capacity across the panel. The sweep tells you where the file goes.
All calculators → Accountant referrals →