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ABA slammed for appointing CBA CEO to chair
by Malavika Santhebennur • 30 Sep 2019
The Finance Brokers Association of Australia (FBAA) has lambasted the Australian Banking Association (ABA) for... READ MORE
Wealth business buys majority stake in fintech lender
by Malavika Santhebannur • 27 Sep 2019
Skybound Capital, which provides a range of investment products for family offices, private clients, advisers and... READ MORE
Lender reports 70% growth in broker loans
by Hannah Dowling • 26 Sep 2019
According to the fintech lender, broker-originated loans increased by 70 per cent in the past year.
While the exact... READ MORE
Brokers the ‘priority’ for new lender
by Charbel Kadib • 25 Sep 2019
On Wednesday (25 September), property industry veteran Peter Wyszenko and mortgage and commercial broker Ruben Makken... READ MORE
Big 4 bank cuts rates by up to 90 bps
by Hannah Dowling • 25 Sep 2019
The Commonwealth Bank of Australia (CBA) has updated its New Wealth Package fixed rates for owner-occupied and... READ MORE
Virgin Money revises verification requirements
by Reporter • 25 Sep 2019
Virgin Money Home Loans has informed brokers that it has made a number of changes to its credit policy.
The BOQ... READ MORE
SMEs funding growth through non-bank lenders
by Hannah Dowling • 25 Sep 2019
According to Scottish Pacific, its upcoming SME Growth Index for September 2019, which saw banking analysts East... READ MORE
Climate change raising risk for mortgagors
by Hannah Dowling • 24 Sep 2019
A report by Moody’s Investor Services has found a 50 per cent increase in the frequency of natural disasters from... READ MORE
ANZ finalises SME business sale in PNG
by Hannah Dowling • 24 Sep 2019
ANZ has announced that it has finalised the sale of its retail, commercial and small-medium sized enterprise (SME)... READ MORE
Major bank drops serviceability floor rate
by Annie Kane • 23 Sep 2019
As of next Monday (30 September), Westpac will introduce new home loan serviceability assessment rates.
Following on... READ MORE
NAB reveals commencement date of new CEO
by Charbel Kadib • 23 Sep 2019
NAB has revealed that newly appointed group managing director and CEO Ross McEwan will commence his new role on... READ MORE
Big banks provide 100% CCR data
by Hannah Dowling • 23 Sep 2019
ANZ has announced that the major lenders have now provided the remaining Comprehensive Credit Reporting (CCR) data... READ MORE
Asset finance lender acquired for $260m
by Annie Kane • 20 Sep 2019
Promontoria Holding 304 BV, an affiliate of Cerberus Capital Management LP, has bought equipment finance lender... READ MORE
Identity theft ring responsible for multimillion-dollar fraud
by Hannah Dowling • 18 Sep 2019
The Australian Federal Police (AFP) and Australian Securities and Investments Commission (ASIC) have spent more than... READ MORE
Banks ‘ready and open’ to lend to SMEs
by Reporter • 18 Sep 2019
The Australian Banking Association (ABA) has urged South Australian businesses “not to hold back” in seeking... READ MORE
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