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Westpac chairman announces departure after 2-year tenure
by • 15 Dec 2022
John McFarlane told Westpac’s AGM on Wednesday (14 December) of his intention to depart after the bank’s 2023... READ MORE
Digital lender joins Nectar’s lending panel
by Adrian Suljanovic • 14 Dec 2022
Digital lender WLTH has partnered with Nectar Mortgages, giving its brokers access to its mortgage products and... READ MORE
TFF records mixed results on increased SME lending
by Fabian Cotter • 14 Dec 2022
There is no clear evidence the central bank’s Term Funding Facility (TFF) used during the pandemic — to stimulate... READ MORE
Supply chain issues drive SME alternate funding support: ScotPac
by Fabian Cotter • 12 Dec 2022
To better navigate supply chain disruptions, an increasing number of Australian small and medium-sized enterprises... READ MORE
New site acquisitions driving demand for private funding
by Annie Kane • 12 Dec 2022
Non-bank lender Aquamore, which specialises in property-secured commercial loans (business and property), bridging... READ MORE
Non-majors in the major leagues
by Annie Kane • 12 Dec 2022
As the economic environment changes and rates continue to rise, there’s been a massive amount of competition in... READ MORE
SME originator ODIN Business Lending credits its bespoke approach
by Odin Business Lending • 9 Dec 2022
In contrast to the ‘cookie cutter’ mentality pervading the credit assessment of the larger financiers, Odin... READ MORE
Banks pass on 25-bp rate rise
by Adrian Suljanovic • 8 Dec 2022
The anticipated rise in the official cash rate came to fruition as the Reserve Bank of Australia (RBA) increased the... READ MORE
Feedback sought on CDR non-bank lender tweaks
by Fabian Cotter • 7 Dec 2022
Following Consumer Data Right (CDR) formally extended to the non-bank lending sector on 21 November, Treasury has now... READ MORE
Commercial real estate lending ‘growing strongly’, finds APRA
by Annie Kane • 7 Dec 2022
The Australian Prudential Regulation Authority (APRA) has noted that the banks are continuing to lean into commercial... READ MORE
Moneytech gains additional debt facility
by Adrian Suljanovic • 5 Dec 2022
Moneytech’s new warehouse debt facility has been provided by one of the major Australian banks and will allow the... READ MORE
Non-bank lender CDR insertion ‘supercharges’ the platform
by Fabian Cotter • 2 Dec 2022
The greater mortgage broking industry has welcomed Treasury’s confirmation that non-bank lenders are to be... READ MORE
Prime Capital supports brokers into commercial lending
by Reporter • 2 Dec 2022
Prime Capital has created a national Broker Growth Centre to enable mortgage brokers to expand their businesses and... READ MORE
$1k NAB flood grant prolonged once again
by Adrian Suljanovic • 28 Nov 2022
Following the expansion of its financial support to flood-impacted customers in the Riverland region of South... READ MORE
NAB confirms 50m+ monthly cyber attacks, warns brokers
by Fabian Cotter • 25 Nov 2022
More than 50 million cyber attacks from hackers to National Australia Bank’s (NAB) digital channels have impelled... READ MORE
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