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Fintech lender hit with 2 infringement notices: ASIC
by Adrian Suljanovic • 20 Feb 2023
Jacaranda was issued the notices by ASIC after it was alleged that the lender’s website may contain false or...READ MORE
Wisr boosts funding capacity via $200m ABS deal
by Fabian Cotter • 20 Feb 2023
Non-bank lender Wisr has priced its third ‘asset-backed securities’ transaction, the company has announced.
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Personal lender appoints new CEO, announces growth
by Annie Kane • 17 Feb 2023
While announcing its financial results for the year ended 31 December 2022, non-bank lender Latitude revealed who its... READ MORE
AMP residential loans hit $23.8bn
by Fabian Cotter • 17 Feb 2023
The non-major bank's loan book grew by $2 billion in the 2022 financial year, bolstered by the acquisition of Nano, new... READ MORE
NAB reports 1% lift in loan book in 1Q23
by • 17 Feb 2023
The major bank announced the interest hikes had “benefited” profits, reporting growth in its home loan... READ MORE
Brighten senior BDM promoted to newly created role
by Adrian Suljanovic • 17 Feb 2023
Mikai Ning has been appointed to the newly created role of national strategic partnerships manager, the non-bank lender... READ MORE
Resimac strengthens broker support with new hires
by Adrian Suljanovic • 17 Feb 2023
The non-bank lender has announced three new hires for its residential mortgage and asset finance businesses in NSW,... READ MORE
Hot Property: The biggest property headlines from week 13–17...
by Adrian Suljanovic • 17 Feb 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 17... READ MORE
CBA reports 18% drop in new mortgages
by Annie Kane • 16 Feb 2023
The major bank funded $17 billion less in home loans in the first half of the 2023 financial year than they did in... READ MORE
Predatory lending in ASIC’s crosshairs
by Adrian Suljanovic • 16 Feb 2023
The financial services and product regulator has announced it will be targeting predatory lending in an ongoing focus... READ MORE
Know your ‘slanguage’, MFAA mortgage brokers advised
by Fabian Cotter • 16 Feb 2023
‘Gen Z’-ers are the next new home owners, so brokers need to better understand them asap, a market researcher has... READ MORE
Shift closes $27m Series C equity raise
by Adrian Suljanovic • 16 Feb 2023
The provider of credit and payment platforms has announced that it has closed a $27 million Series C funding... READ MORE
‘Changes need to ensure remuneration is fairer’: MFAA CEO
by Annie Kane • 15 Feb 2023
Broker remuneration needs further changes, including removing the “cliff nature” of clawback, to ensure it is... READ MORE
MA Financial appoints CFO
by Adrian Suljanovic • 15 Feb 2023
The financial services group has announced the appointment of Giles Boddy as its new chief financial officer.
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Australian mortgagor confidence lowest in three years
by Fabian Cotter • 15 Feb 2023
Consumer confidence and sentiment have taken a sharp slide this week, latest research from major banks has... READ MORE
Home loan broker handed 14-month sentence
by Fabian Cotter • 14 Feb 2023
A Sydney broker has received a court ICO after pleading guilty to loan fraud, ASIC has confirmed.
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Prospa’s total originations up 35% for 1H23
by Adrian Suljanovic • 14 Feb 2023
The SME lender has released its trading update for the half year ending 31 December 2022, reporting growth in total... READ MORE
Client retention at risk as fixed rates expire, Connective warns
by • 14 Feb 2023
As roughly $350 billion in fixed rate loans roll off this year, according to the central bank, Connective is reminding... READ MORE
Personal lender prices $300m ABS transaction
by Reporter • 14 Feb 2023
A $300 million renewable energy and personal loan ABS transaction has been priced by non-bank lender... READ MORE
REA Group reports ‘softening settlements’
by Annie Kane • 13 Feb 2023
While the financial services arm of REA grew its loan book in 1H23, it flagged that revenue and settlements have been... READ MORE
AFG chair to step down from board
by Adrian Suljanovic • 13 Feb 2023
The Australian Finance Group Limited has announced that Anthony “Tony” Gill is set to step down as chair of the... READ MORE
City teachers get $10k stamp duty help in country NSW lure
by Fabian Cotter • 13 Feb 2023
Helping cover stamp duty costs is just one way to encourage teachers into regional NSW, the government has... READ MORE
Property leaders cagey on 2023’s 1st rate hike
by Kyle Robbins • 13 Feb 2023
As the country reels from yet another cash rate increase, what will the ramifications of the RBA’s latest decision be... READ MORE
Loan Market Group to operate as one aggregator
by Annie Kane • 10 Feb 2023
The aggregation and franchise brokerage group has announced it is uniting all of its aggregation brands to become one... READ MORE
Credit facilities should be regulated as financial products: Levy
by Annie Kane • 10 Feb 2023
Quality of Advice Review author Michelle Levy has told government she believes credit facilities should be regulated as... READ MORE
Commercial lending fintech joins VOW/YBR lending panel
by Adrian Suljanovic • 10 Feb 2023
idutch has announced that it has joined the mortgage aggregator’s full lending panel, giving its brokers full access... READ MORE
Hot Property: The biggest property headlines from week 6–10 February
by Adrian Suljanovic • 10 Feb 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 10... READ MORE
Aggregators under threat as Revenue NSW chases payroll tax
by Annie Kane • 9 Feb 2023
The industry has been left reeling as Revenue NSW chases aggregators, sub-aggregators, and some brokerages for... READ MORE
Australian ‘housing choice’ gets stark reality check: Report
by Fabian Cotter • 9 Feb 2023
A new Property Council report has painted the “starkest picture yet” of Australia’s affordable housing... READ MORE
Pepper Money removes commercial finance clawbacks
by Adrian Suljanovic • 8 Feb 2023
The non-bank lender has announced the removal of clawbacks for its commercial finance products during a time of strong... READ MORE
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