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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
New mortgage lender ‘co-developing’ digital loan for brokers
by Annie Kane • 1 Jul 2021
Nano, a new digital mortgage lender, has officially launched into market with a direct-to-consumer home loan... READ MORE
Revealed! Finalists of the Australian Broking Awards 2021
by reporter • 29 Jun 2021
Now in its 11th consecutive year, the Australian Broking Awards, run in partnership with principal partner NAB,... READ MORE
4 in 10 home owners planning to sell
by Sarah Simpkins • 29 Jun 2021
A survey by Westpac has shown that four in 10 (39 per cent) home owners have signalled plans to list in the next... READ MORE
Bank of mum and dad backed 5% of buyers: survey
by Sarah Simpkins • 29 Jun 2021
The Great Southern Bank Home Loaner Survey has taken the pulse of 1,000 Australians who either recently bought a... READ MORE
Westpac sells asset finance business
by Annie Kane • 28 Jun 2021
Westpac has confirmed that it will sell its motor vehicle dealer finance and novated leasing businesses to Angle... READ MORE
Unlicensed mortgage lender issued court orders
by Reporter • 28 Jun 2021
The Australian Securities and Investments Commission (ASIC) has obtained Federal Court orders against Victoria-based... READ MORE
Firstmac launches discounted green home loan
by Malavika Santhebennur • 25 Jun 2021
Firstmac has announced that borrowers will have access to $230 million in discounted green home loan finance as part... READ MORE
CBA launches SME invoice finance product
by Malavika Santhebennur • 25 Jun 2021
The Commonwealth Bank of Australia (CBA) has announced that it is launching a "self service" invoice finance... READ MORE
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