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Major bank busted for misadvice: ASIC
by Sarah Buckley • 4 Feb 2021
Westpac is facing penalties for breaching its AFSL conditions, after losing an appeal over whether its subsidiaries... READ MORE
CBA to accelerate digital offering
by Sarah Buckley • 1 Feb 2021
The CEO of the Commonwealth Bank of Australia (CBA), Matt Comyn, has stated that the bank is accelerating its digital... READ MORE
Major bank to acquire 86 400
by Annie Kane • 29 Jan 2021
The transaction, which is subject to approval by shareholders and regulators, would see all 120 people in the 86... READ MORE
Building and trade standout performer for Prospa
by reporter • 29 Jan 2021
In a trading update, the ASX-listed SME lender Prospa Group reported that its originations grew to just over $100... READ MORE
COG profits spike amid asset finance surge
by Sarah Buckley • 28 Jan 2021
ASX-listed asset finance group COG Financial Services Ltd (COG) has released its preliminary results for the first... READ MORE
Lenders extend cashback offers
by Malavika Santhebennur • 27 Jan 2021
Westpac, St.George Bank, BankSA and Bank of Melbourne have extended their home loan refinance cashback offers,... READ MORE
N1 pivots to become SME lender
by Annie Kane • 27 Jan 2021
ASX-listed business, financial and property services firm N1 Holdings has posted its quarterly activity report for... READ MORE
More retirees resuming downsizing plans
by Sarah Buckley • 27 Jan 2021
According to BT Financial Group, its technical services team fielded 2,000 queries from financial advisers between... READ MORE
Neolender CEO reveals broker plans
by Annie Kane • 25 Jan 2021
The Brisbane-based digital lending and payments provider, WLTH, launched into market earlier this month, announcing... READ MORE
Lenders’ turnaround times slowest in three years
by Sarah Buckley • 25 Jan 2021
According to Australian Finance Group’s (AFG) index for the second quarter of the financial year 2021, the average... READ MORE
Half of home owners wary of bank refinance advice
by Sarah Buckley • 22 Jan 2021
According to a CoreData survey of 1,023 borrowers conducted in October 2020 for Mortgage Choice, one in two (49 per... READ MORE
Former RAMS CEO to head up BOQ retail bank
by Annie Kane • 21 Jan 2021
The Bank of Queensland (BOQ) has confirmed reports that Ms Jager will join the bank in mid-April as the new group... READ MORE
Non-bank moves to fully acquire IA Group
by Annie Kane • 20 Jan 2021
The move, reported to cost $8 million, will result in Resimac fully owning the Sydney-based finance company and... READ MORE
Xinja returns customer deposits in Australian first
by Malavika Santhebennur • 20 Jan 2021
The Australian Prudential Regulation Authority (APRA) has released a statement following the move by Xinja Bank to... READ MORE
AFG adds specialist lender to lender panel
by Sarah Buckley • 19 Jan 2021
Australian Finance Group (AFG) has welcomed trail book lender TrailBlazer Finance to its asset finance lender... READ MORE
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