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Lender
Former director pleads guilty to false document charges
by reporter • 13 Jul 2021
A former director of a Sydney financial services company has pleaded guilty to one count of making false documents and...
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Banjo launches bridging finance offering
by Annie Kane • 12 Jul 2021
The SME lender has launched a new bridging finance product to help businesses grow “uninterrupted” by delays.
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BMM tweaks SMSF rates, LVR and limits
by reporter • 12 Jul 2021
Better Mortgage Management has increased limits and loan-to-value ratios, and dropped rates, on some of its SMSF loan...
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Prime Capital expands BDM team
by Annie Kane • 9 Jul 2021
Three new business development managers have joined non-bank lender Prime Capital as it bolsters its broker support...
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Resimac Asset Finance acquires stake in commercial finance company
by Annie Kane • 8 Jul 2021
The asset finance division of the non-bank lender is acquiring a stake in Sonder Equipment Finance in a bid to boost...
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Assetline opens Melbourne office, hires state head
by Annie Kane • 8 Jul 2021
The short-term secured asset lender has opened a new office in South Yarra and hired a new director to continue the...
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Loan fraud is greatest AML/CTF risk to non-banks: AUSTRAC
by Annie Kane • 7 Jul 2021
Loan application and identity fraud are the main threats to non-banks, the government agency has concluded, noting the...
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Sedgwick review into retail bank commissions released
by Malavika Santhebennur • 5 Jul 2021
A review of retail banking product commissions and payments has found that links between remuneration and sales are now...
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Lenders launch new cashback offers
by reporter • 5 Jul 2021
Several banks have announced new, or extended, cashback offers to attract those looking to refinace their mortgage.
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Westpac sues Forum Finance for potential fraud
by Annie Kane • 2 Jul 2021
The big four bank has commenced proceedings in the Federal Court against Forum Finance Pty Ltd for an alleged...
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