Lender

ScotPac launches new digital toolbox

by Adrian Suljanovic • 10 Nov 2022

The non-bank SME lender has announced the launch of a new partner portal for brokers and advisers.

Largest non-bank RMBS issue completes: $1.76bn

by Fabian Cotter • 10 Oct 2022

Fears about weakness in 2022’s residential mortgage-backed securities (RMBS) market have been dispelled, non-bank... READ MORE

Turnaround times reach 5-year low: AFG

by Fabian Cotter • 7 Oct 2022

A bigger “Big 4” market share and faster loan turnaround times were key highlights in AFG’s latest Mortgage Index... READ MORE

Australia’s 1st Islamic bank will distribute through brokers

by Annie Kane • 6 Jul 2022

APRA has granted a restricted banking licence to Australia’s first Islamic bank, which plans to offer home finance... READ MORE

Queensland expands drought assistance, recovery loans for farmers

by Sarah Simpkins • 24 Mar 2022

The state government’s new drought assistance programs have been extended to all Queensland primary producers,... READ MORE

Plenti loan book exceeds $1.25bn

by Reporter • 24 Mar 2022

The non-bank lender has more than doubled its profit guidance after hitting its loan book target early.

More innovation needed in SME market: Judo CEO

by Sarah Simpkins • 23 Mar 2022

More needs to be done around SME lending, according to the chief of Judo Bank, but regulation will need to catch up to... READ MORE

Former Mortgage Choice CEO launches lender

by Sarah Simpkins • 8 Mar 2022

A new non-bank lender has sprung onto the home loan market, led by former bosses from Mortgage Choice and the Royal... READ MORE

Qld government launches SME, farmer flood assistance

by Sarah Simpkins • 8 Mar 2022

The state and federal governments have teamed up to roll out a $558.5 million package, with financial support for small... READ MORE

ScotPac acquires Business Fuel

by Annie Kane • 7 Mar 2022

Non-bank lender ScotPac has acquired one of its competitors to enable it to offer online business lending for the first... READ MORE

TPT Wealth expands commercial lending products

by Sarah Simpkins • 7 Mar 2022

MyState fund management and commercial lending arm TPT Wealth has launched a series of new loan products and made a... READ MORE

Heritage Bank posts record broker settlements

by Sarah Simpkins • 4 Mar 2022

Net loan growth has almost doubled year-on-year at the mutual bank, as it has invested “heavily” in slimming broker... READ MORE

Tipping season begins

by reporter • 4 Mar 2022

With the rugby league season about to start, the industry’s tipping competitions have opened to brokers to enter and... READ MORE

MA Financial acquires non-bank mortgage lender

by • 3 Mar 2022

MA Financial Group has made another significant investment into the Australian lending market with the full acquisition... READ MORE

Hiver flags home loans coming soon

by • 3 Mar 2022

The recently launched digital bank, Hiver, says home loans will be on offer through its broker channel soon.

Major bank to merge retail and digi business

by Annie Kane • 1 Mar 2022

A big four bank has announced it will combine its Australian retail business with its digital division, set up a... READ MORE

Diversifying outside mortgages boosted Liberty’s margin

by Sarah Simpkins • 1 Mar 2022

The non-bank lender has managed to beat the trend of squeezed profit margins across the sector, while writing $2... READ MORE

Wisr loan book rises 47% over financial year

by • 1 Mar 2022

The non-bank’s figures for the first half of the financial year 2022 mark a continued upwards momentum in both its... READ MORE

Resimac records mortgages growth despite ‘aggressive’ competition

by Sarah Simpkins • 28 Feb 2022

The non-bank lender managed record settlements in home loans during the six months to December, but competitive... READ MORE

MoneyMe gains $25m funding for SocietyOne deal

by Sarah Simpkins • 25 Feb 2022

The non-bank lender has secured $25 million in funding from a private equity group, for the acquisition of digital... READ MORE

‘Give us a chance’: ANZ group head of retail asks brokers

by Annie Kane • 23 Feb 2022

“Significant progress” has been made in the bank’s turnaround times for brokers, the group executive of retail... READ MORE

Brokers to gain SME market share: Judo

by Sarah Simpkins • 23 Feb 2022

The bank has predicted brokers will have a hand in half of all small-business finance within the next few years, as... READ MORE

Firstmac launches variable-rate car loan

by reporter • 23 Feb 2022

A variable-rate car loan has been issued by the non-bank lender as it ramps up its vehicle finance presence.

Equity-One to be bought by Westlawn

by Annie Kane • 22 Feb 2022

Brokerage Westlawn Finance Limited is set to acquire Melbourne-based mortgage lender and funds management business,... READ MORE

Latitude records rebound in personal lending

by • 22 Feb 2022

Personal loan volumes surged by more than 40 per cent for the non-bank over 2021, with the lender experiencing an... READ MORE

SME lender raises $10m to expand scope

by • 22 Feb 2022

Fintech lender Lumi will “double its headcount” and expand its technology platform after raising an additional $10... READ MORE

Broker flows to majors drop to record low

by Annie Kane • 21 Feb 2022

Brokers are continuing to favour non-banks and non-major banks, according to the latest Broker Pulse survey, with the... READ MORE

Brokers ‘want that certainty’: Tight turnarounds drive...

by Sarah Simpkins • 21 Feb 2022

Home loan applications and settlements more than doubled at MyState Bank during the last half-year, with brokers... READ MORE

86 400 joins Loan Market panel

by reporter • 21 Feb 2022

The lender’s digital loan products will now be available to the 750 brokers operating under Loan... READ MORE

Bankwest exits business banking

by Reporter • 18 Feb 2022

The CBA-owned bank will shift to solely operating in retail, with all business customers to be transferred to its... READ MORE