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Plenti upsizes automotive facility to $450m
by Malavika Santhebennur • 14 Jul 2021
Plenti announced in a trading update to the ASX for the quarter ended 30 June 2021 that it has increased its secured... READ MORE
Volt acquires non-bank lender
by Annie Kane • 13 Jul 2021
The neobank has completed its acquisition of fintech mortgage manager Australian Mortgage – formerly known as... READ MORE
Former director pleads guilty to false document charges
by reporter • 13 Jul 2021
Wael Kourieh, who was a director of Nexus Financial Planning Pty Ltd (trading as Hillross Bella Vista) from 8 June... READ MORE
Banjo launches bridging finance offering
by Annie Kane • 12 Jul 2021
Banjo Loans has officially launched its new SME-specific bridging finance product, Single Pay.
The product, which... READ MORE
BMM tweaks SMSF rates, LVR and limits
by reporter • 12 Jul 2021
The mortgage manager has announced that it is dropping its headline rate for some of its Aspire Self Managed Super... READ MORE
Prime Capital expands BDM team
by Annie Kane • 9 Jul 2021
Following on from the appointment of its inaugural chief commercial officer (CCO), Steve Sampson, Prime Capital... READ MORE
Resimac Asset Finance acquires stake in commercial finance company
by Annie Kane • 8 Jul 2021
Resimac Asset Finance, a division of non-bank lender Resimac Group, has announced that it is acquiring a 15 per cent... READ MORE
Assetline opens Melbourne office, hires state head
by Annie Kane • 8 Jul 2021
Assetline Capital, a Sydney-based lender specialising in bridging finance, development finance and other forms of... READ MORE
Loan fraud is greatest AML/CTF risk to non-banks: AUSTRAC
by Annie Kane • 7 Jul 2021
The conclusion is made in a new report which assesses the non-bank lending and financing sector’s risk of money... READ MORE
Sedgwick review into retail bank commissions released
by Malavika Santhebennur • 5 Jul 2021
These and other findings are contained in the Retail Banking Remuneration Review Final Report by former Australian... READ MORE
Lenders launch new cashback offers
by reporter • 5 Jul 2021
Starting from the beginning of the new financial year (1 July), several banks have announced new, or extended,... READ MORE
Westpac sues Forum Finance for potential fraud
by Annie Kane • 2 Jul 2021
Westpac has announced that it has commenced proceedings in the Federal Court of Australia against Forum Finance Pty... READ MORE
Bank CEOs quizzed on turnaround differentials
by Annie Kane • 2 Jul 2021
On Thursday (1 July), the House of Representatives’ standing committee on economics spoke to several CEOs of the... READ MORE
Home buying intentions at all-time high: NAB
by Malavika Santhebennur • 2 Jul 2021
Data from National Australia Bank (NAB) has revealed that despite house price growth and expectations for this to... READ MORE
BOQ completes ME Bank acquisition
by Annie Kane • 1 Jul 2021
The $1.32-billion acquisition (funded by an underwritten capital raising of $1.35 billion) was approved by the... READ MORE
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