Finance brokerage appoints new interim GM

The finalists for the Australian Broking Awards 2019 have been revealed today, as the broking industry gears up for the premier awards event of the year.

Suncorp Bank has introduced a three-year fixed business loan offering, effective from Wednesday, 29 May.

The non-major lender has dropped its owner-occupied home loan rates by up to 17 basis points.

The number of home loan applications received by the major bank in the week following the federal election hit a six-month high, according to CEO Matt Comyn.

The major bank has made changes to some of its home loan product features, including the removal of relocation loans as an option for investors.

The specialist lender has offloaded its subsidiary Paywise to focus on its core businesses in Australia and New Zealand.

RateSetter has called for brokers to diversify into personal lending as ASIC’s new credit card rules could negatively impact consumers.  

Submissions are flooding in for the annual Women in Finance Awards, and entries close at the end of this week.

Aussie has joined forces with Pepper Money to launch a new “flexible” and “specialised” home loan product range.

The Prime Minister has revealed his new cabinet, which includes the appointment of a new minister responsible for the oversight of the financial services sector.  

A non-bank lender executive has announced the launch of a paid training program to help mortgage brokers diversify their revenue streams.