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Lender
Identity theft ring responsible for multimillion-dollar fraud
by Hannah Dowling • 18 Sep 2019
ASIC and the AFP have begun court proceedings against suspected members of an online fraud syndicate that allegedly...
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Banks ‘ready and open’ to lend to SMEs
by Reporter • 18 Sep 2019
ABA CEO Anna Bligh has urged small-business owners to seek credit, amid new research reporting loan approval rates of...
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Non-majors update expense validation process
by reporter • 17 Sep 2019
BOQ and Heritage have both made updates to their processes for expense validation, effective immediately.
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Mutual bank updates serviceability calculator
by reporter • 17 Sep 2019
As of today, Teachers Mutual Bank will make changes to its loan origination servicing calculator, which will require...
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NAB announces support team for vulnerable customers
by Hannah Dowling • 17 Sep 2019
The big bank has responded to the ABA’s new Banking Code of Practice with the introduction of its Customer Support...
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SME lender buys Eclipx Commercial
by Hannah Dowling • 16 Sep 2019
SME lender Grow Asset Finance has purchased Eclipx Commercial for $14.6 million, as Eclipx divests its assets to reduce...
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Prospa launches education initiative
by Hannah Dowling • 16 Sep 2019
The SME lender has launched a new, interactive education program to assist brokers transition into SME lending.
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Adelaide Bank cuts fixed rates by up to 60 bps
by Charbel Kadib • 12 Sep 2019
The non-major has reduced fixed rates across its owner-occupied and investment home loan products offered exclusively...
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Purple Circle welcomes 100% LVR lender to its panel
by Hannah Dowling • 12 Sep 2019
The aggregator has welcomed Granite Home Loans to its panel, giving its brokers access to no-deposit home loans for...
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ASIC to prolong HEM dispute with Westpac
by Charbel Kadib • 11 Sep 2019
The corporate regulator will contest the Federal Court’s decision to dismiss its responsible lending case against...
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