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Lender
Banks to raise serviceability buffers
by Annie Kane • 6 Oct 2021
Banks will have to increase their serviceability buffers after being advised to do so by APRA.
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Pepper Commercial joins Aussie lending panel
by • 6 Oct 2021
The non-bank lender’s commercial products will now be open to brokers under the major aggregation group.
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Prospa chair to join HSBC board
by • 5 Oct 2021
The non-major bank has confirmed that the chair of business lender Prospa will join its board as a non-executive...
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Fewer renovations being funded by debt: Houzz
by • 5 Oct 2021
Only one in 10 are now supported by mortgage refinancing, as cash reserves continue to build, according to a new...
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MyState Bank welcomes new BDMs
by • 1 Oct 2021
The non-major bank has announced two inclusions to its BDM team, including a senior mortgage broker.
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Productivity Commission lauds broker role in SME finance
by Malavika Santhebennur • 30 Sep 2021
A new report has highlighted the importance of brokers in connecting SME borrowers and lenders, while lenders said at...
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Digital lenders challenging the banks: Prospa
by Sarah Simpkins • 30 Sep 2021
Fintechs have been taking components of the banking system and repackaging them into stronger offerings than previously...
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Lenders begin releasing ‘target markets’ for loans
by Annie Kane • 28 Sep 2021
Target market determinations for mortgage products are starting to be released by lenders, ahead of the new laws coming...
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Judo Bank commits to SME Recovery Loan Scheme
by Annie Kane • 28 Sep 2021
The SME bank will be participating in the revamped SME Recovery Loan Scheme, which will launch on Friday (1 October).
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Resimac announces reduction in interest rate
by • 27 Sep 2021
The non-bank lender has confirmed it will lower the interest rates for its Prime and Prime Flex packages.
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