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Non-majors update expense validation process
by reporter • 17 Sep 2019
As changes to expense validation and verification continue to filter through the lending market, two non-major banks... READ MORE
Mutual bank updates serviceability calculator
by reporter • 17 Sep 2019
From today (17 September), Teachers Mutual Bank (TMB) will update its loan origination servicing calculator available... READ MORE
NAB announces support team for vulnerable customers
by Hannah Dowling • 17 Sep 2019
National Australia Bank (NAB) has announced the launch of a new “specialist team of bankers” dedicated to... READ MORE
SME lender buys Eclipx Commercial
by Hannah Dowling • 16 Sep 2019
Grow Asset Finance, part of the Grow Business Funding Group, has purchased fleet finance company Eclipx’s non-core... READ MORE
Prospa launches education initiative
by Hannah Dowling • 16 Sep 2019
Prospa has announced the launch of a new education program that seeks to help brokers “future-proof” their... READ MORE
Adelaide Bank cuts fixed rates by up to 60 bps
by Charbel Kadib • 12 Sep 2019
Adelaide Bank has reduced rates across its SmartFix and SmartSaver products by up to 60 bps, effective for new loans... READ MORE
Purple Circle welcomes 100% LVR lender to its panel
by Hannah Dowling • 12 Sep 2019
Boutique aggregator Purple Circle Financial Services has announced the addition of Granite Home Loans to its panel,... READ MORE
ASIC to prolong HEM dispute with Westpac
by Charbel Kadib • 11 Sep 2019
The Australian Securities and Investments Commission (ASIC) has filed an appeal with the Full Federal Court of... READ MORE
Banks offer relief for bushfire victims
by Annie Kane • 10 Sep 2019
Both Queensland and NSW have been experiencing numerous fires in recent weeks, with conditions from far north... READ MORE
Lender rewards broker car loan clients
by reporter • 9 Sep 2019
From today (9 September), RateSetter said it will offer a GiftPay card valued at $150 to eligible mortgage broker... READ MORE
Non-major banks cut interest rates
by Annie Kane • 6 Sep 2019
Following on from several non-bank lenders, such as Bluestone, cutting rates, Heritage and ME have both announced... READ MORE
ASIC takes banks to court over ‘unfair’ loan terms
by Annie Kane • 4 Sep 2019
BOQ has confirmed that the Australian Securities and Investments Commission (ASIC) has commenced proceedings... READ MORE
Asset finance aggregator welcomes seven new lenders
by reporter • 4 Sep 2019
The ASX-listed asset finance services partner, which acts as a car and equipment finance aggregator, recently... READ MORE
HSBC signs distribution agreement with broking platform
by Reporter • 3 Sep 2019
HSBC Australia has signed a distribution agreement with online home loan platform Lendi as part of a strategy to... READ MORE
Short-term lender launches construction funding division
by Annie Kane • 3 Sep 2019
Assetline Capital has launched a new NSW-based construction finance fund, Assetline Development Finance (ADF), to... READ MORE
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