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Brokers urged to prepare their businesses for January
by Hannah Dowling • 30 Dec 2019
With small businesses often facing cash flow troughs due to the festive season, brokers are being urged to ensure...READ MORE
Financial cyber resilience improving: ASIC
by reporter • 27 Dec 2019
Australian firms are more cyber resilient than ever, according to a report from... READ MORE
New broker conference centre officially opens
by Annie Kane • 27 Dec 2019
HomeSec Business Finance’s new conference and training facility in Victoria, which is free for brokers to use, has... READ MORE
Volkswagen accused of breaching responsible lending laws
by Annie Kane • 24 Dec 2019
ASIC has commenced civil penalty proceedings against Volkswagen Financial Services Australia for allegedly breaching... READ MORE
New lender joins Loan Market’s panel
by Charbel Kadib • 24 Dec 2019
A non-major bank has been added to broking group Loan Market’s lender... READ MORE
Loan Market cycling team raises $100,000 for MS
by Annie Kane • 24 Dec 2019
A Loan Market-sponsored cyclist group has raised more than $100,000 for research into multiple sclerosis as part of a... READ MORE
Westpac provides update on commissions changes
by Charbel Kadib • 23 Dec 2019
The major bank has updated brokers on its changes to broker remuneration, which remove the claim process for upfront... READ MORE
ING drops mortgage rates
by Reporter • 23 Dec 2019
The non-major has reduced fixed rates by up to 65 bps across its owner-occupied and investor home loans.
READ MORE
Aussie provides Christmas relief to less fortunate
by Reporter • 23 Dec 2019
The major brokerage has marked its 21 years of providing support to less fortunate Australians over the Christmas... READ MORE
CBA, NAB clarify start date for FHLDS
by Annie Kane • 20 Dec 2019
The Commonwealth Bank of Australia has confirmed that brokers will be able to apply for CBA’s First Home Loan... READ MORE
Aussie creates new executive role
by Hannah Dowling • 20 Dec 2019
The major brokerage has appointed its first chief digital officer, a new senior leadership role that is focused on... READ MORE
ASBFEO criticises new banking code
by Hannah Dowling • 20 Dec 2019
The Small Business Ombudsman has highlighted concerns about the recently approved changes to the Banking Code of... READ MORE
Scottish Pacific looks to buy CML Group
by Annie Kane • 19 Dec 2019
SME lender Scottish Pacific has submitted a proposal to acquire non-bank debtor finance specialist CML Group, competing... READ MORE
Volt unveils broker-centric home lending strategy
by Charbel Kadib • 19 Dec 2019
The challenger bank has shed light on its plans in the mortgage market, with the new entrant preparing to launch its... READ MORE
Thinktank surpasses $2bn in settlements
by Annie Kane • 19 Dec 2019
Commercial property lender Thinktank has announced that it has surpassed $2 billion in loan settlements, off the back... READ MORE
Heritage raises variable rates
by Hannah Dowling • 19 Dec 2019
The non-major bank has announced changes to select mortgage interest rates for new borrowers, effective 18... READ MORE
Kathy Cummings becomes BOQ’s GM of broker
by Annie Kane • 18 Dec 2019
Bank of Queensland has appointed Kathy Cummings, who established CBA’s broking business, to the newly created role... READ MORE
Senate committee calls for best interests duty clarification
by Annie Kane • 18 Dec 2019
The Senate’s standing committee for the scrutiny of bills is calling for the incoming best interests duty to be... READ MORE
SME players urged to contribute to market survey
by Annie Kane • 18 Dec 2019
The Australian Office of Financial Management is calling on all small-business lenders to complete its survey on the... READ MORE
AFG announces NSW sales manager
by Hannah Dowling • 18 Dec 2019
The aggregator has appointed David Vizza as its new state sales manager for NSW, effective... READ MORE
ASIC approves banking code changes
by Hannah Dowling • 18 Dec 2019
ASIC has signed off on the updated version of the ABA’s Banking Code of Practice, which aims to better align with... READ MORE
Stiffer penalties flagged as alternative to BID
by Charbel Kadib • 17 Dec 2019
The industry should focus on “preventing and penalising” broker misconduct rather than imposing a new legal... READ MORE
Broker develops CSR platform for financial services sector
by Annie Kane • 17 Dec 2019
A leading asset finance broker and principal of Astute Ability Finance Group is set to launch a new corporate social... READ MORE
Volt Bank releases savings account details
by Hannah Dowling • 17 Dec 2019
The neobank has begun the onboarding process of its 40,000-strong waitlist for its initial savings account product... READ MORE
Neobank partners with FMS for digital mortgage
by Hannah Dowling • 17 Dec 2019
Challenger bank 86 400 has partnered with mortgage software provider FMS to utilise its eSign solution for... READ MORE
Reach of FHLDS questioned
by Hannah Dowling • 16 Dec 2019
Criticism for the government’s First Home Loan Deposit Scheme has sparked once more, following on from the... READ MORE
Connective welcomes HEM clarification
by Charbel Kadib • 16 Dec 2019
The mortgage aggregator has welcomed ASIC’s new guidance regarding the application of expense benchmarks.
READ MORE
Andrew Rasby becomes bank CEO
by Annie Kane • 16 Dec 2019
Former YBR GM Andrew Rasby has become the acting CEO of Police Bank following the resignation of former CEO Tony... READ MORE
Non-bank lender partners with IA Group
by Annie Kane • 13 Dec 2019
The non-bank lender has announced that it will take a controlling stake in financial services company International... READ MORE
Call for brokers to help regional businesses
by Annie Kane • 13 Dec 2019
An SME fintech is urging brokers to help regional and rural businesses secure finance as they face “more challenges... READ MORE
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