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Lender
Non-major banks cut interest rates
by Annie Kane • 6 Sep 2019
Heritage Bank and ME have both announced that they have cut interest rates on a range of owner-occupied and investor...
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ASIC takes banks to court over ‘unfair’ loan terms
by Annie Kane • 4 Sep 2019
The financial services regulator has commenced proceedings against Bank of Queensland Ltd and Bendigo and Adelaide...
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Asset finance aggregator welcomes seven new lenders
by reporter • 4 Sep 2019
Platform Finance has announced that it has added seven new lenders and a new insurance provider to its panel to provide...
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HSBC signs distribution agreement with broking platform
by Reporter • 3 Sep 2019
The non-major has announced a partnership with an Australian mortgage broking platform as part of a push to broaden...
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Short-term lender launches construction funding division
by Annie Kane • 3 Sep 2019
Specialist short-term secured asset lender Assetline Capital has launched a new construction funding division headed up...
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Octet assumes responsibility for BOQ debtor finance clients
by Annie Kane • 2 Sep 2019
Supply chain lender Octet has secured a long-term partnership with BOQ that will see it assume responsibility for all...
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ANZ makes changes to HEM calculation
by Reporter • 29 Aug 2019
The major bank has revised the manner in which it calculates the HEM benchmark, following on from changes implemented...
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Industry reacts to proposed broking reforms
by Charbel Kadib • 28 Aug 2019
Industry associations and broking industry stakeholders have reacted to the federal government’s newly proposed best...
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ING shakes up pre-approval process
by Reporter • 26 Aug 2019
The non-major lender has announced changes to its pre-approval assessment process in response to weaker conversion...
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NAB to ‘carefully assess’ ASIC allegations
by Annie Kane • 23 Aug 2019
The major bank has said that it is taking ASIC’s legal action “seriously” and will now “carefully assess”...
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