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Bank CEO pledges to maintain broker offering following merger

by Annie Kane • 4 Aug 2021
The CEO of Newcastle Permanent has said the lender will continue to operate in the broker channel should its merger...READ MORE

bcu launches $5k cashback offer

by Malavika Santhebennur • 4 Aug 2021
The customer-owned bank has released a cashback offer for new and existing customers who take out an eligible new home... READ MORE

AMP hires intermediary head

by Sarah Simpkins • 3 Aug 2021
AMP Bank has recruited from MyState for its new head of intermediary distribution and governance, with the... READ MORE

How mutuals are steaming ahead

by Annie Kane • 3 Aug 2021
As customer needs and expectations continue to evolve, we wanted to find out how the customer-owned banks were... READ MORE

Bank announces new head of home lending distribution

by Annie Kane • 28 Jul 2021
MyState Bank has hired the CEO of RateOne and former NAB head of broker Vic/Tas as its new head of home lending... READ MORE

Banks accused of bias against BNPL in lending process

by Sarah Simpkins • 28 Jul 2021
An executive from buy now, pay later provider Zip has echoed reports from brokers around how banks treat home loan... READ MORE

BOQ reshuffles board following ME Bank acquisition

by Annie Kane • 23 Jul 2021

Following the completion of its acquisition of ME Bank, BOQ Group has announced changes to its board.

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Unmet demand for SME credit tipped at $120bn

by Sarah Simpkins • 22 Jul 2021
Judo Bank’s chief has told a parliamentary committee that the banking sector is in desperate need of a boost in... READ MORE

Heritage Bank urges ramp-up of vaccinations

by Sarah Simpkins • 22 Jul 2021
Heritage Bank’s chief has called for the government to accelerate COVID vaccinations and avoid any further economic... READ MORE

AMP dodges criminal charges in fees-for-no-service investigation

by Sarah Simpkins • 19 Jul 2021
ASIC has decided to end an investigation into alleged criminal conduct by an AMP financial advice business, relating to... READ MORE

APRA urged to consider business loans in banking review

by Sarah Simpkins • 16 Jul 2021
The small business ombudsman has argued that APRA needs to better support new entrants to the banking industry, in... READ MORE

Volt acquires non-bank lender

by Annie Kane • 13 Jul 2021
Volt Bank has fully acquired non-bank fintech Australian Mortgage, as it moves to deliver a digital mortgage solution... READ MORE

MyState names marketing, comms manager

by Sarah Simpkins • 9 Jul 2021

MyState Bank has appointed a new marketing manager to oversee broker communications.

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Banks explain lagging turnarounds to Parliament

by Sarah Simpkins • 8 Jul 2021
Big four and non-major banks have given their reasons for delayed turnarounds for the broker channel, which vary from... READ MORE

RBA delivers first rate decision for FY21-22

by Malavika Santhebennur • 6 Jul 2021
The RBA has announced its decision for the official cash rate for July, as well as changes to strategies around its... READ MORE

Bank CEOs quizzed on turnaround differentials

by Annie Kane • 2 Jul 2021
The standing committee on economics has sought clarity from several non-major bank CEOs as to why there is a huge... READ MORE

BOQ completes ME Bank acquisition

by Annie Kane • 1 Jul 2021
ME Bank has officially become part of the BOQ Group following completion of the $1.32-billion... READ MORE

Non-majors in the spotlight

by Annie Kane • 1 Jul 2021
As mortgage activity smashes record after record and broker market share continues to rise, the need for lenders to be... READ MORE

Solo home buyers ‘growing force’ in market: ME Bank

by Malavika Santhebennur • 30 Jun 2021
The proportion of solo borrowers and their average home loan size has jumped during the pandemic at ME Bank, it has... READ MORE

Suncorp enables e-signatures on post-approval loan docs

by Malavika Santhebennur • 24 Jun 2021
The non-major bank has said that it will accept e-signatures on post-approval add and equity loan documents, effective... READ MORE

Teachers Mutual targets brokers in digital bank launch

by Sarah Simpkins • 21 Jun 2021
Hiver, a new digital bank to be launched under Teachers Mutual, is exploring a deal with an unnamed aggregator in the... READ MORE

Ex-broker head to lead MyState banking

by Sarah Simpkins • 18 Jun 2021
A former broker head has returned to MyState Bank to tackle turnaround times and the lending service proposition in... READ MORE

Teachers Mutual halves home loan products

by Sarah Simpkins • 17 Jun 2021
Teachers Mutual has unveiled a new streamlined home loan portfolio, slashing its previous six offerings down to three... READ MORE

Finance veterans named in Queen’s Birthday Honours List

by Sarah Simpkins • 17 Jun 2021
An ING board member and housing and economics researcher are among a number of recipients who have been acknowledged in... READ MORE

34% of farmers eyeing raised business investment

by Sarah Simpkins • 16 Jun 2021
Roughly one-third of Australian farmers expect to increase their business investment over the year ahead, according to... READ MORE

Non-major lender updates broker website

by Reporter • 15 Jun 2021
A regional lender has updated its broker website with new features and simpler navigation in a bid to improve the... READ MORE

Non-majors and non-banks continue to dominate: Broker Pulse

by Annie Kane • 11 Jun 2021
A greater proportion of brokers are sending their clients to non-majors and non-banks, with fewer using the big four,... READ MORE

Former mortgage brokerage convicted, fined

by Sarah Simpkins • 8 Jun 2021
Former Melbourne brokerage Advanced Choice Finance has been convicted and fined for knowingly making a false statement... READ MORE

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