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Non-bank tightens expense reporting obligations
by Reporter • 14 Dec 2018
Following NAB’s move to update its lending guidelines, newly branded non-bank Resimac has introduced credit... READ MORE
SME lender appoints new state manager
by Reporter • 12 Dec 2018
Australian Invoice Finance (AIF) has announced the appointment of Chris Allchin as senior manager of its Victorian... READ MORE
Major bank announces credit policy changes
by Charbel Kadib • 11 Dec 2018
NAB has informed brokers that it has made several changes to its credit policy, effective for all new loan... READ MORE
Loan Market adds new lender to panel
by Reporter • 11 Dec 2018
Loan Market Group has announced that it has partnered with MoneyPlace, a wholly owned subsidiary of liberty... READ MORE
Melbourne couple convicted after breaching banning order
by Reporter • 11 Dec 2018
Mrs Shilpa Karandikar and Mr Shrikrishna Karandikar were first charged with offences against the National Consumer... READ MORE
Consolidation of lenders to be ‘big theme’ in 2019
by Annie Kane • 10 Dec 2018
Macquarie Bank announced last week that it would discontinue its white-label loan products after having considered... READ MORE
Court approves acquisition of SME lender
by Charbel Kadib • 10 Dec 2018
Scottish Pacific has announced that the Supreme Court of Victoria has made orders approving the Scheme Implementation... READ MORE
SME lender acquisition approved by shareholders
by Annie Kane • 7 Dec 2018
The vast majority of Scottish Pacific shareholders (99.85 per cent) voted in favour of the previously announced... READ MORE
Neo-lender appoints first broker head
by Annie Kane • 7 Dec 2018
Digital lender 86 400, a wholly owned entity of payments solution business Cuscal, has appointed George Srbinovski,... READ MORE
Bank hikes rates, reintroduces home loan fee
by Charbel Kadib • 7 Dec 2018
Effective 1 December, MyState Bank has hiked variable rates on its investor home loan products by 10 basis points and... READ MORE
Major bank to change commissions next year
by Annie Kane • 6 Dec 2018
ANZ has confirmed that, from 1 January 2019, it will change its base commission model to “ensure brokers can... READ MORE
Non-major bank announces new commission structure
by Annie Kane • 5 Dec 2018
Suncorp has confirmed that, from next year, it will change broker upfront commissions for new home loan... READ MORE
Getting an application through in today’s tougher lending...
by Mortgage Choice • 3 Dec 2018
With every home loan application now very much under the lenders’ microscope, it’s more important than ever to... READ MORE
ANZ CEO weighs in on the HEM debate
by Charbel Kadib • 3 Dec 2018
Appearing before the financial services royal commission in its seventh and final round of hearings, ANZ CEO Shayne... READ MORE
Ombudsman clarifies new securitisation fund following ‘confusion’
by Annie Kane • 3 Dec 2018
Last month, the federal government announced a new $2 billion Australian Business Securitisation Fund (ABSF) to help... READ MORE
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