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Lenders applaud FHLDS expansion
by Annie Kane • 8 Oct 2020
The federal government handed down the 2020-21 budget on Tuesday (6 October), outlining a swathe of tax cuts,... READ MORE
Broker report on lenders expands
by reporter • 6 Oct 2020
The Broker Pulse survey was first launched last year by the research arm of Momentum Media, Momentum Intelligence, to... READ MORE
Plenti quarterly loan originations exceed $100m
by Malavika Santhebennur • 5 Oct 2020
Plenti, which recently began trading on the ASX, has provided a trading update for the quarter ending 30... READ MORE
ASIC takes short-term lenders to court
by Malavika Santhebennur • 1 Oct 2020
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Federal Court of... READ MORE
SME recovery hampered by lags in lending
by Cameron Poolman • 30 Sep 2020
Figures from Momentum Intelligence confirm separate research by OnDeck Australia, showing the nation’s small... READ MORE
Citi predicts broking industry to thrive
by Annie Kane • 30 Sep 2020
According to the head of Australian banks research for Citi Research, Brendan Sproules, the Australian mortgage... READ MORE
Capify reopens book after closing equity round
by Annie Kane • 30 Sep 2020
Earlier this year, SME lending platform Capify was one of many SME lenders that pulled back from writing new loans... READ MORE
CBA, ING slash variable rates ahead of touted RBA move
by Reporter • 29 Sep 2020
The Commonwealth Bank of Australia (CBA) and ING have announced variable home loan rate reductions of up to 15 bps.... READ MORE
Non-major lender cuts LMI to $0 in new offer
by Malavika Santhebennur • 28 Sep 2020
Virgin Money has announced that it has reduced the cost of lender’s mortgage insurance (LMI) for eligible... READ MORE
Plenti lists on the ASX
by Reporter • 25 Sep 2020
Plenti, formerly RateSetter, has officially listed on the Australian Stock Exchange (ASX) after completing an initial... READ MORE
Connective adds digital mortgage lender to panel
by Malavika Santhebennur • 24 Sep 2020
Connective has signed a strategic partnership with digital lender 86 400, making the neobank’s digital mortgage... READ MORE
Personal lender joins AFG panel
by Malavika Santhebennur • 24 Sep 2020
SocietyOne has signed a strategic partnership with Australian Finance Group (AFG), enabling the... READ MORE
Major bank announces new CEO, consumer
by Annie Kane • 21 Sep 2020
Westpac has announced that it has appointed Chris de Bruin as chief executive of its consumer division.
Mr de Bruin,... READ MORE
NAB extends COVID-19 IO loan measure
by Malavika Santhebennur • 21 Sep 2020
National Australia Bank (NAB) has announced that its measure to support customers with interest-only (IO) loans... READ MORE
All non-major FHLDS places now reserved
by Annie Kane • 16 Sep 2020
On 1 July 2020, 10,000 new places were made available for the second round of the government’s First Home Loan... READ MORE
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