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Compensation scheme should apply to brokers: AFCA
AFCA has stressed the need for CSLR obligations to apply across the financial services industry, including mortgage broking.
BROKER • Wed, 05 Feb 2020
Bank tweaks income verification policy
A non-major bank has updated its income verification policies to “keep pace” with the changing landscape of employment in Australia.
LENDER • Wed, 05 Feb 2020
CBA-owned fintech unveils small-business app
A fintech firm fully owned by the Commonwealth Bank has released a mobile app for small businesses, which collates data and provides insights around cash flow and ...
TECH • Tue, 04 Feb 2020
Strong year forecast for asset finance
Aggregator Connective Asset Finance is foreseeing strong growth in 2020 as it expects demand out of NSW and Victoria to remain robust on the back of continuing investment ...
AGGREGATOR • Mon, 03 Feb 2020
Newcastle Permanent raises rates on OO IO loans
The building society has announced that it is increasing interest rates across a couple of its home loan packages.
GROWTH • Thu, 30 Jan 2020
Non-major announces bushfire relief measures
Macquarie Bank has announced measures to provide immediate financial relief to clients who have been impacted by the ongoing bushfire crisis, including business clients
LENDER • Wed, 29 Jan 2020
AFCA launches bushfire hotline
The financial ombudsman has launched a hotline for those impacted by bushfires and facing disputes with claims.
COMPLIANCE • Mon, 27 Jan 2020
Non-major bank consolidates lending process
Non-major bank Suncorp has announced that it is removing certain manual processes in its lending application process via the NetGen.Net ApplyOnline platform.
LENDER • Thu, 23 Jan 2020
Melbourne brokerage adds property advisory service
Melbourne brokerage Entourage has added buyer and vendor advocacy to its existing finance and legal services with the launch of Entourage Property Advisory.
BROKER • Mon, 06 Jan 2020