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The rise and rise of the non-bank borrower
by Assetline Capital • 16 Nov 2022
In the US, non-banks were responsible for almost two-thirds of home loans in 2021. Could Australia be following the...
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Resimac foresees mortgage headwinds in FY23
by Adrian Suljanovic • 16 Nov 2022
Fierce competition will continue to feed into home loan origination headwinds, the non-bank has said.
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Gedda appoints new national sales manager
by Adrian Suljanovic • 16 Nov 2022
The personal and auto loan provider has welcomed a new national sales manager to bolster broker channel relationships.
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Bankwest launches data protection tool
by Adrian Suljanovic • 11 Nov 2022
The non-major bank has launched a DocBox system to enable secure transfers of documents between brokers and financial...
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Athena launches digital mortgage platform through fintech partnership
by Adrian Suljanovic • 11 Nov 2022
The mortgage lender has partnered with fintech company Simpology to produce a new digital mortgage application...
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As home loans fall, NAB eyes business lending ‘homeland’
by Fabian Cotter • 10 Nov 2022
The Australian home lending system “will probably drop” to 2.5–3 per cent growth in 2023, NAB has forecasted.
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ScotPac launches new digital toolbox
by Adrian Suljanovic • 10 Nov 2022
The non-bank SME lender has announced the launch of a new partner portal for brokers and advisers.
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NAB extends $1k flood grant for customers
by Adrian Suljanovic • 9 Nov 2022
The major bank has extended the availability of its $1,000 grants for flood-impacted customers until 22 November 2022.
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Westpac records loan speed improvement
by Fabian Cotter • 8 Nov 2022
Annual mortgage growth was aided by faster loan speed, Westpac has explained.
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Non-majors follow suit with rate hikes
by Adrian Suljanovic • 7 Nov 2022
The non-major banks are passing on the Reserve Bank of Australia’s most recent rate hike in full.
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