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Heartland secures $250m funding facility

by Reporter • 5 Jul 2019
Heartland Group Holdings, the Australian Securities Exchange-listed parent company of Heartland Seniors Finance, has... READ MORE

Non-majors begin releasing rate cut decisions

by Annie Kane • 4 Jul 2019
On Tuesday (2 July), the Reserve Bank of Australia (RBA) lowered the official cash rate to a new record low of 1 per... READ MORE

Resimac acquires stake in Positive Group

by Annie Kane • 3 Jul 2019
ASX-listed lender Resimac has announced that it has acquired 15 per cent of Positive Group, which comprises Positive... READ MORE

Broking industry tentatively welcomes rate cut

by Annie Kane • 3 Jul 2019
On Tuesday (2 July), the Reserve Bank of Australia (RBA) announced that it was to cut the official cash rate to a new... READ MORE

Lenders respond to RBA move with mortgage rate cuts

by Charbel Kadib • 3 Jul 2019
Lenders have begun to announce reductions to their variable mortgage rates in response to the Reserve Bank of... READ MORE

Westpac group updates fixed rate prepayment threshold

by Reporter • 3 Jul 2019
Westpac, BankSA, Bank of Melbourne and St George have announced that the maximum excess payment that can be made... READ MORE

Newly appointed lender CEO affirms broker support

by Annie Kane • 2 Jul 2019
Bernadette Inglis, Westpac’s former group general manager of Westpac’s retail and premium bank, started her new... READ MORE

P2P lender expands presence in third-party space

by Reporter • 27 Jun 2019
Peer-to-peer lender RateSetter has announced its new partnership with Choice Aggregation Services (Choice), providing... READ MORE

Suncorp warns of ‘administrative error’

by Annie Kane • 27 Jun 2019
In an update to brokers, Suncorp revealed that it has begun notifying customers of an “administrative error”... READ MORE

Westpac introduces changes to lending policy

by Reporter • 26 Jun 2019
Westpac Group has updated its home lending policy to reflect new standards enshrine under the Banking Code of... READ MORE

Top tips for writing asset finance before EOFY

by Annie Kane • 25 Jun 2019
This Sunday (30 June) marks the end of the financial year 2018-19 and many small businesses will be reviewing their... READ MORE

Banks charged $1.17bn in home loan fees

by Annie Kane • 24 Jun 2019
The Reserve Bank of Australia’s annual survey of bank fees (RBA) has revealed that bank fees charged to households... READ MORE

P2P lender drops car loan rates

by Annie Kane • 24 Jun 2019
Effective immediately, loans for new cars and demonstration models will start from 4.95 per cent - a drop of 85 basis... READ MORE

Banks to begin rolling out financial abuse requirements

by Annie Kane • 21 Jun 2019
From 1 July 2019, the Australian Banking Association’s (ABA) new Banking Code of Practice will be implemented,... READ MORE

Westpac appoints new CEO of business division

by Reporter • 20 Jun 2019
Westpac Group has announced the appointment of Guilherme (Guil) Lima as CEO of its business division. The... READ MORE
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