snichols

Former Westpac head of third party to lead BOQ business bank

The non-major bank has announced the appointment of a former Westpac head of third party as its new ​​group executive for business banking.

LENDER • Tue, 21 Sep 2021

22% of investors say they’re unable to refinance

A fifth of investors are unable to refinance at an amount they were previously able to borrow, according to a new survey. 

LENDER • Tue, 21 Sep 2021

SocietyOne expands broker channel support

The peer-to-peer lender has welcomed three new additions to its NSW team and established a new Queensland presence.

BROKER • Mon, 20 Sep 2021

Bank offers cash to green loan borrowers

The mutual lender has announced that its Green Home Loan offerings will now include a $2,000 cashback deal. 

BORROWER • Mon, 20 Sep 2021

ING drops variable rates by up to 60 bps

The non-major bank has dropped the variable rates for its home loans by up to 0.60 per cent.

LENDER • Sun, 19 Sep 2021

Business lender receives $87.5m ABSF investment

GetCapital is set to receive $87.5 million worth of mezzanine funding from the government’s Australian Business Securitisation Fund.

LENDER • Thu, 16 Sep 2021

Mortgage deferrals rise 86% in a month: ABA

Home loan and business deferrals have escalated due to the latest COVID-19 outbreak, according to the Australian Banking Association.

GROWTH • Wed, 15 Sep 2021

Former ASIC chairman joins aggregator board

Greg Medcraft, a former chairman of the Australian Securities and Investments Commission, is to join the board of a major aggregator.

AGGREGATOR • Tue, 14 Sep 2021

New floor-plan finance product released

An SME lender has launched a new floor-plan financing offering, providing up to $3 million for showroom assets.

LENDER • Mon, 13 Sep 2021