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Sam Nichols is a journalist at The Adviser and Mortgage Business.
Former Westpac head of third party to lead BOQ business bank
The non-major bank has announced the appointment of a former Westpac head of third party as its new group executive for business banking.
LENDER • Tue, 21 Sep 2021
22% of investors say they’re unable to refinance
A fifth of investors are unable to refinance at an amount they were previously able to borrow, according to a new survey.
SocietyOne expands broker channel support
The peer-to-peer lender has welcomed three new additions to its NSW team and established a new Queensland presence.
BROKER • Mon, 20 Sep 2021
Bank offers cash to green loan borrowers
The mutual lender has announced that its Green Home Loan offerings will now include a $2,000 cashback deal.
BORROWER • Mon, 20 Sep 2021
ING drops variable rates by up to 60 bps
The non-major bank has dropped the variable rates for its home loans by up to 0.60 per cent.
LENDER • Sun, 19 Sep 2021
Business lender receives $87.5m ABSF investment
GetCapital is set to receive $87.5 million worth of mezzanine funding from the government’s Australian Business Securitisation Fund.
LENDER • Thu, 16 Sep 2021
Mortgage deferrals rise 86% in a month: ABA
Home loan and business deferrals have escalated due to the latest COVID-19 outbreak, according to the Australian Banking Association.
GROWTH • Wed, 15 Sep 2021
Former ASIC chairman joins aggregator board
Greg Medcraft, a former chairman of the Australian Securities and Investments Commission, is to join the board of a major aggregator.
AGGREGATOR • Tue, 14 Sep 2021
New floor-plan finance product released
An SME lender has launched a new floor-plan financing offering, providing up to $3 million for showroom assets.
LENDER • Mon, 13 Sep 2021