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Resimac celebrates 35th anniversary
by Annie Kane • 30 Dec 2020
Resimac Group has celebrated 35 years of business as a non-bank lender.
The group was formed from a merger of two... READ MORE
ASIC drops investigation into Westpac
by Annie Kane • 30 Dec 2020
The major bank had previously settled the case with AUSTRAC and agreed to pay a record $1.3 billion penalty for over... READ MORE
COVID-19 debt relief measures to change this week
by Annie Kane • 29 Dec 2020
On 24 March of this year, the federal government announced a series of changes to bankruptcy law as part of... READ MORE
Non-bank lender adopts digital compliance tech
by Sarah Buckley • 24 Dec 2020
Better Choice Home Loans has announced that it has adopted NextGen.Net’s compliance technology into its current... READ MORE
Two-thirds of support line callers were seeking finance help
by Annie Kane • 21 Dec 2020
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell, has released a new report,... READ MORE
Bank relinquishes banking licence
by Annie Kane • 17 Dec 2020
Xinja Bank (Xinja) was first authorised to operate as a restricted ADI in December 2018 and was granted a full... READ MORE
Bank appoints new CEO
by Annie Kane • 15 Dec 2020
Adam Crane, who has been acting CEO of ME Bank since July following the resignation of former CEO Jamie McPhee, has... READ MORE
Westpac issues ‘our own doing’: chairman
by Malavika Santhebennur • 15 Dec 2020
Speaking at the 2020 annual general meeting (AGM), Westpac chairman John McFarlane said 2020 was a disappointing year... READ MORE
COVID-19 dampens BOQ FY20 results
by Malavika Santhebennur • 9 Dec 2020
Bank of Queensland (BOQ) has provided an update on business performance and its COVID-19 banking relief package, in... READ MORE
CBA given licence for Dutch subsidiary
by Malavika Santhebennur • 8 Dec 2020
The Commonwealth Bank of Australia (CBA) has announced that it has been granted a banking licence for its Dutch... READ MORE
Lenders should prompt borrowers to review rate: ACCC final report
by Annie Kane • 7 Dec 2020
The Australian Competition and Consumer Commission (ACCC) has released its final Home Loan Price Inquiry report,... READ MORE
Non-major sponsors financial wellness research
by Malavika Santhebennur • 7 Dec 2020
A new study has found that almost half (47 per cent) of respondents reported some level of financial worry, while 44... READ MORE
NAB makes executive appointment
by Malavika Santhebennur • 3 Dec 2020
National Australia Bank (NAB) has announced the appointment of former Royal Bank of Scotland (RBS) CEO, personal and... READ MORE
Deferral exits, expiries hit $100bn
by Malavika Santhebennur • 2 Dec 2020
The Australian Prudential Regulation Authority (APRA) has released October figures on temporary loan repayment... READ MORE
Lender joins Vow Financial, YBR panel
by Malavika Santhebennur • 2 Dec 2020
Self-employed lender RedZed has joined the panel of Vow Financial, which will provide the aggregator’s 1,250... READ MORE
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