ssimpkins

ASIC levy reflects ramped up enforcement: FBAA

ASIC’s raised industry funding levies reflect higher enforcement against brokers and could add to other increasing costs, the head of the Finance Brokers Association of ...

AGGREGATOR • Mon, 26 Jul 2021

48% of home loan applicants frustrated by paperwork

The majority of Australian borrowers think applying for a home loan is a tedious process, with a new survey finding almost half are vexed by the paperwork.

AGGREGATOR • Mon, 26 Jul 2021

Westpac fundies cop $3m penalty over fees for no service

The Federal Court has imposed civil penalties totalling $3 million against two Westpac investment businesses, for charging fees for no service and making misleading ...

LENDER • Mon, 26 Jul 2021

Prospa boosted by business sentiment rise

Prospa managed a personal best of $182.7 million in loan originations during the June quarter, with the business lender reporting a rebound in SME confidence.

TECH • Sun, 25 Jul 2021

Brokers must vaccinate: FBAA

The Finance Brokers Association of Australia has urged brokers to get vaccinated, in the interests of protecting the industry.

AGGREGATOR • Sun, 25 Jul 2021

Domain Home Loans names CEO

A former BrickX boss and Deloitte partner has taken the reins at Domain’s mortgage broking arm.

AGGREGATOR • Thu, 22 Jul 2021

Unmet demand for SME credit tipped at $120bn

Judo Bank’s chief has told a parliamentary committee that the banking sector is in desperate need of a boost in competition, pointing to a stark landscape for SME loans

LENDER • Wed, 21 Jul 2021

Heritage Bank urges ramp-up of vaccinations

Heritage Bank’s chief has called for the government to accelerate COVID vaccinations and avoid any further economic fallout, all while offering up his bank to the effort

LENDER • Wed, 21 Jul 2021

Finspo nabs Credo

A digital mortgage broker run by former big four executives has acquired Melbourne brokerage Credo. 

AGGREGATOR • Tue, 20 Jul 2021