Breaking News
RBA calls November cash rate
by Sarah Simpkins • 2 Nov 2021
The Reserve Bank has confirmed its rate decision for November, as talk of a faster-than-expected rise has fired...READ MORE
Owner-occupier lending falls for 4th month: ABS
by Sarah Simpkins • 2 Nov 2021
The value of new home loans fell by 1.4 per cent in September, dragged mostly by a 2.7 per cent drop in the... READ MORE
Westpac admits to lagging broker turnarounds
by Sarah Simpkins • 2 Nov 2021
The big four bank has ramped up automation, in a bid to rectify broker loan assessment times that dragged behind its... READ MORE
Teachers Mutual targets brokers as merger wraps
by Malavika Santhebennur • 2 Nov 2021
The mutual bank has outlined how brokers would help reach customers in areas without the same bricks-and-mortar... READ MORE
More FHBs transitioning towards outer suburbs: NAB
by • 2 Nov 2021
New figures released by the major bank suggest that the outer suburbs are gradually, but increasingly, becoming... READ MORE
ASIC slaps Ferratum Australia with lawsuit
by Sarah Simpkins • 1 Nov 2021
The regulator has commenced a civil lawsuit against the personal lender, for allegedly hitting customers with... READ MORE
NSW government sets up new unit to mitigate identity crime
by reporter • 1 Nov 2021
The NSW government is establishing a new identity support unit to minimise the risks associated with identity theft and... READ MORE
Government introduces compensation scheme legislation
by Malavika Santhebennur • 1 Nov 2021
The government has introduced legislation that represents the final tranche to implement recommendations made by the... READ MORE
Incoming NAB board member withdraws application
by • 1 Nov 2021
The major bank has announced that a formerly announced board member will no longer join its board.
READ MOREMajor bank pleads guilty for mis-selling credit insurance
by Malavika Santhebennur • 29 Oct 2021
A major bank has pleaded guilty to several criminal charges of making false or misleading representations to 165... READ MORE
‘We take too long’: ANZ manual systems drag turnarounds
by Sarah Simpkins • 29 Oct 2021
ANZ boss Shayne Elliott has conceded the bank has struggled to process a mass of home loan applications, as it works to... READ MORE
Steady cash rate driving borrower complacency
by Malavika Santhebennur • 29 Oct 2021
Analysis by Aussie has shown that many mortgage holders are not interested or do not know if they want to refinance... READ MORE
More Australians relocating to regional Australia: RAI
by • 29 Oct 2021
Data published by Regional Australia Institute, in tandem with CBA, suggests more Australians are abandoning capital... READ MORE
Hot Property: The biggest property headlines from the week 25-29...
by Reporter • 29 Oct 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 29... READ MORE
Brokers will dictate future of Choice, FAST, PLAN: White
by Sarah Simpkins • 28 Oct 2021
After its management restructure, Loan Market Group will continue to consult with brokers to decide the fate of the... READ MORE
Heritage leaders address merger proposal concerns
by Annie Kane • 28 Oct 2021
The chairman and chief executive of Heritage Bank have addressed concerns about the bank’s proposed merger with... READ MORE
Wisr reports 113% loan book growth
by • 28 Oct 2021
The non-bank lender originated a record $132 million over the last quarter, the 21st consecutive quarter of... READ MORE
Loan Market Group overhauls Choice, FAST, PLAN leadership
by Sarah Simpkins • 27 Oct 2021
PLAN Australia, Choice Aggregation and FAST will now operate under a single management structure, with parent company... READ MORE
Prospa lending surges despite lockdowns
by Sarah Simpkins • 27 Oct 2021
The ASX-listed lender recorded $128.5 million in originations during the September quarter, falling from the previous... READ MORE
Wisr non-executive to retire from board
by • 27 Oct 2021
A non-executive director with the lender has confirmed that they will not be seeking re-election, stepping down from... READ MORE
Lend welcomes 4 new lenders to panel
by reporter • 27 Oct 2021
Four non-bank lenders have joined the panel of SME platform Lend.
READ MORENon-bank completes acquisition of personal lender
by • 26 Oct 2021
An ASX-listed company has confirmed that it has acquired a personal lender for $100 million in cash plus... READ MORE
GetCapital relaunches under new name
by Annie Kane • 26 Oct 2021
The SME lender has relaunched under a new name as part of a rebranding initiative that aims to better reflect its... READ MORE
James Symond donates $1m to cancer research program
by Annie Kane • 26 Oct 2021
The former chief executive of Aussie has donated $1 million to a joint project between St Vincent’s Hospital Sydney... READ MORE
Gateway Bank announces home loan interest cuts
by • 26 Oct 2021
The mutual lender has lowered the variable interest rates on four of its home loan products, including two green loan... READ MORE
RedZed added to aggregator panel
by Malavika Santhebennur • 26 Oct 2021
The self-employed lender has joined AFG’s lender panel, which has followed its expansion into five aggregators’... READ MORE
YBR Home Loans flags digital pivot, broker expansion
by Malavika Santhebennur • 25 Oct 2021
The major brokerage has launched a digital mortgage broking business and signalled an expansion of its third-party... READ MORE
‘Perfect storm’ of trouble ahead for SMEs
by Malavika Santhebennur • 25 Oct 2021
An SME lending company has warned that many retail and supplier businesses will be unable to meet pent-up demand... READ MORE
Wisr hits high for new loans
by Reporter • 25 Oct 2021
The ASX-listed personal lender wrote $132 million in new loans during the September quarter, more than double... READ MORE
Oak Capital announces final Pay It Forward recipient
by • 25 Oct 2021
The initiative designed to support a handful of SMEs has now ended with the non-bank lender announcing the fourth and... READ MORE

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