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Lender
ScotPac and CML merger off the table
by Annie Kane • 14 May 2020
Scottish Pacific will pay $1 million in costs to debtor finance specialist CML Group after the two parties agreed to...
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CBA received 144,000 mortgage deferral requests
by Annie Kane • 14 May 2020
The major bank has received repayment deferral requests on more than 144,000 home loans, 71,000 business loans...
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Supply/demand imbalance stabilising property market
by Malavika Santhebennur • 14 May 2020
The chief economist at REA Group has observed that the property market has remained largely stable despite the...
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LoanDolphin merges with Joust
by Annie Kane • 13 May 2020
Brokers and lenders will be able to bid on more loans being put up for reverse auction after LoanDolphin and Joust...
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Industry awaits ‘missing piece’ of BID puzzle
by Charbel Kadib • 12 May 2020
Aggregators have welcomed ASIC’s decision to defer implementation of the best interests duty, which was at risk of...
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ME Bank to appear in ‘urgent’ parliamentary hearing
by Annie Kane • 12 May 2020
The standing committee on economics is holding an “urgent public hearing” this week to question ME Bank about its...
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Australian Broking Awards 2020 launches
by Annie Kane • 11 May 2020
The 10th annual Australian Broking Awards has officially opened for submissions, with winners to be announced at our...
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Big 4 out of favour with the public
by Hannah Dowling • 11 May 2020
Australia’s four major banks are trailing smaller lenders in the eyes of Australians, according to a new survey...
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Bank backs down on redraw policy
by Charbel Kadib • 8 May 2020
A non-major has scrapped its controversial redraw policy following widespread, cross-industry criticism.
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Bank hikes fixed home loan rates
by Charbel Kadib • 8 May 2020
A non-major lender has increased fixed rates across its owner-occupied and investment products in response to a rise in...
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