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BNK Bank appoints non-executive director

by Malavika Santhebennur • 8 Jun 2021
The non-major bank has appointed a banking, technology and telecommunications executive as a non-executive director,...READ MORE

Non-majors highlight turnaround success

by Annie Kane • 7 Jun 2021
Several non-major banks have revealed how they are working to keep turnaround times fast and reduce channel... READ MORE

Light commercial vehicle financing up 187%: CBA

by Malavika Santhebennur • 7 Jun 2021
CBA figures have revealed a spike in business car financing compared with last year, driven by a 187 per cent rise in... READ MORE

ANZ names internal audit manager

by Sarah Simpkins • 7 Jun 2021

ANZ has appointed a new general manager to oversee its internal auditing.

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Housing and rental affordability slides

by Reporter • 7 Jun 2021
The proportion of income required to meet loan repayments has increased, sending housing affordability down a slippery... READ MORE

Lending standards haven’t eased: RBA

by Sarah Simpkins • 4 Jun 2021
Lenders have not slackened their standards in the current low rate environment, the Reserve Bank has said, as it... READ MORE

Heritage Bank slashes investor loan rates

by Malavika Santhebennur • 4 Jun 2021

The mutual bank has announced out-of-cycle cuts to select investment home loan interest rates of up to 50 bps.

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Why this broker went independent from the get-go

by Malavika Santhebennur • 4 Jun 2021
WA-based broker Amy Ferguson reveals why she jumped straight into the deep end of opening her own brokerage when she... READ MORE

Hot Property: The biggest property headlines from the week 31 May to...

by Malavika Santhebennur • 4 Jun 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 4... READ MORE

Judo Bank announces CEO changes

by Annie Kane • 3 Jun 2021
The SME challenger bank has announced changes to its leadership as it moves from a dual CEO model to having a single... READ MORE

Exclusive: Major banks reveal how they’re fixing turnarounds

by Annie Kane • 3 Jun 2021
Following on from concessions that broker-lodged loans take a lot longer to approve than those in the proprietary... READ MORE

Business investment spikes in March quarter

by Malavika Santhebennur • 3 Jun 2021
Business investment was propelled by a 12 per cent rise in machinery and equipment, the strongest rise since December... READ MORE

1 in 2 SMEs keen to invest: Prospa

by Malavika Santhebennur • 3 Jun 2021
More than half of all SME owners have plans to invest in their business in the next six to 12 months, with smaller... READ MORE

AFG to invest $15m in neobank

by Annie Kane • 2 Jun 2021
The aggregation group has agreed to invest $15 million in a neobank, leveraging its banking as a service offering and... READ MORE

Broker settlements hit new high for March quarter

by Annie Kane • 2 Jun 2021
The value of settled loans written by brokers over the March quarter hit a new record, with broker market share for the... READ MORE

Mutual bank begins operating under new name

by Annie Kane • 2 Jun 2021
Credit Union Australia has begun trading under the new name of Great Southern Bank and has rolled out new products and... READ MORE

AFG welcomes non-bank lender to panel

by Annie Kane • 2 Jun 2021

The aggregation company has welcomed a non-bank lender to its lender panel.

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RBA announces June rate decision

by Malavika Santhebennur • 1 Jun 2021
The RBA has revealed its official cash rate decision for June, as Victoria endures a fresh round of the COVID-19... READ MORE

86 400 launches direct offering

by Annie Kane • 1 Jun 2021
The neobank has launched its inaugural direct-to-consumer offering, making its Neat and Own home loans available to... READ MORE

Turnaround issue compounded by metric confusion: Connective CEO

by Annie Kane • 1 Jun 2021
While welcoming that more lenders are proactively publishing their turnaround time data, Connective CEO Glenn Lees has... READ MORE

Vic government launches $250.7m business grants package

by Sarah Simpkins • 1 Jun 2021
The state government has rolled out a $250.7 million package to support Victorian businesses hit by the latest snap... READ MORE

ALI Group partners with retail life insurer

by Malavika Santhebennur • 1 Jun 2021
The mortgage protection provider has partnered with Zurich Financial Services Australia to underwrite its life... READ MORE

New date for Better Business Summit Melbourne

by Annie Kane • 31 May 2021
Due to COVID-19 restrictions in Victoria, the Melbourne leg of the Better Business Summit and Better Business Awards... READ MORE

Latitude expects 70% profit growth

by Sarah Simpkins • 31 May 2021
The listed lender has forecast a half-year profit in the range of $115 million to $120 million, a rise of at least 70... READ MORE

Digital processes helping brokers in lockdown

by Sarah Simpkins • 31 May 2021
Digitisation and the experience of prior restrictions are helping brokers connect to their clients and do what they... READ MORE

1 in 8 SMEs failed to access additional funds: ABS

by Malavika Santhebennur • 31 May 2021
Around one in eight SMEs who sought additional funds over the last three months had been unsuccessful in obtaining the... READ MORE

Connective Select to offer digital signatures

by Malavika Santhebennur • 31 May 2021
The aggregator will introduce a digital option for Connective Select borrowers to sign their home loan offer... READ MORE

WA’s best brokers crowned at Better Business Awards 2021

by Annie Kane • 28 May 2021
The leading brokers in Western Australia have been crowned at the Perth Better Business Awards, run in partnership with... READ MORE

‘The bill is done’: Jacqui Lambie on RLO repeal

by Malavika Santhebennur • 28 May 2021
The government said that it would continue to work with the Senate crossbench on responsible lending reforms after... READ MORE

Turnaround times ‘critical’ to CBA’s strategy, Comyn says

by Sarah Simpkins • 28 May 2021
The CBA chief has said shaving turnaround times are a key component to the bank’s game plan looking forward, as it... READ MORE
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