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Pepper prices inaugural asset finance securitisation

Non-bank lender Pepper has priced its inaugural term transaction of asset finance receivables under a newly created SPARKZ platform, secu...
August 19, 2019

The community-owned bank is one of the latest to complete its rollout of instant payments via the New Payments Platform. 

July 07, 2019

The leading players in the broking industry have been named at The Adviser’s Australian Broking Awards 2019.

July 05, 2019
Specialist Finance Group has said the issue around financial abuse declarations has taken a “major step” forward after an insurance provider confirmed that brokers are cov...
July 04, 2019

Macquarie and Bankwest are among several more lenders to announce mortgage rate cuts in response to the Reserve Bank’s second consecutive adjustment.

July 04, 2019
Lenders should be able to rely on their own verification checks if a “discrepancy” is identified from the information provided by a broker, a credit provider has submitted t...
July 04, 2019

Heartland Group Holdings has announced that it has further diversified its local funding base by securing a $250 million funding facility.

July 04, 2019
Broking groups have joined the industry associations in calling for greater clarity around responsible lending guidelines, but have proposed differing solutions to address the ...
July 03, 2019

ING, Suncorp and ME have announced their rate changes following the RBA meeting, but have not passed the full reduction on to customers.

July 03, 2019
“Highly restrictive” conditions in the lending landscape remain the “overriding issue” inhibiting access to credit and could offset rate cut benefits, according to the h...
July 03, 2019
Non-bank mortgage lender Resimac Group Ltd has acquired a $3-million stake in SA-based financial services...
July 03, 2019
Several representatives from the mortgage broking industry have welcomed the central bank’s decision to further reduce the official cash rate, ...
July 02, 2019
The mortgage market has responded to the Reserve Bank’s second consecutive cut to the official cash rate, with lenders passing on the reduction to their home loan customers....
July 02, 2019

Westpac and its subsidiaries will increase the fixed rate prepayment threshold by $20,000 from next month.

July 02, 2019

The Reserve Bank has cut the official cash rate for the second month in a row, with focus now shifting to the response from the mortgage market. 

July 02, 2019
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Broking groups to appear before ASIC

Three broking groups have been called to appear before the corpor...

ANZ focuses on ‘clarity’ following mortgage softening

The major bank has said that it is committed to providing “grea...

Westpac revises home lending policy

The major bank has revised its home lending policy, including th...