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Major aggregator tracking broker risk patterns
Vow Financial is ramping up its compliance processes by monitoring granular data of loan applications to identify poor behaviour and manage potential risks within its ...
AGGREGATOR • Fri, 23 Mar 2018
APRA curbs had ‘significant impacts’ on broker relations
Australia’s mutual banks have argued that macro-prudential measures have created reputation and trust issues and impacted relationships with customers and brokers.
BROKER • Tue, 20 Mar 2018
Tim Brown resurfaces at innovation group
Former Vow boss Tim Brown has landed a position as head of financial services markets at Australian tech group Lakeba.
TECH • Tue, 20 Mar 2018
Major bank to suspend asset finance lending
A big four bank has announced that it will suspend providing new secured asset finance loans to retail customers in Australia while it undertakes a detailed review of its ...
LENDER • Fri, 16 Mar 2018
Ex-banker to replace Rasby at YBR
A former AMP Bank executive has been appointed as general manager of Yellow Brick Road.
LENDER • Fri, 16 Mar 2018
Brokers ‘in the box seat’ for SME opportunities
The latest Scottish Pacific SME Growth Index shows that SME owners are optimistic about revenue growth, had improved cash flow in 2017 and are increasingly looking at ...
BROKER • Fri, 16 Mar 2018
Non-major announces third-party leadership changes
A regional bank has today announced a new leadership position within its third-party banking business.
LENDER • Thu, 15 Mar 2018
Major bank concedes brokers were ‘bypassing’ mortgage controls
A big four bank has faced another round of questioning before the royal commission over customer expenses, the broker channel and its white label lending programs.
BROKER • Wed, 14 Mar 2018
Taxing property investors ‘not the answer’, says HIA
Figures from the property industry have argued that taxing investors is not the answer to Australia’s housing affordability issues.
BORROWER • Wed, 14 Mar 2018