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Lender

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CBA pays additional compensation for advice failings

by Reporter • 11 Apr 2019
ASIC has released its final report on the major bank’s compliance with financial advice licence conditions,... READ MORE
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Prospa launches new line of credit facility

by Annie Kane • 9 Apr 2019
Following broker feedback, the small business lender has developed a new line of credit facility for SMEs. READ MORE
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CBA’s NewCo CEO appointed to FSC board

by Reporter • 8 Apr 2019
Three new faces have joined the Financial Services Council board, including the CEO of Commonwealth Bank’s NewCo. READ MORE
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Broking industry heads tentatively welcomes Coalition’s budget

by Annie Kane • 4 Apr 2019
Several members of the mortgage broking industry have voiced support of the Coalition government’s budget for 2019-20... READ MORE
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ING announces commercial credit policy changes

by Charbel Kadib • 3 Apr 2019
The non-major lender has announced changes to its commercial credit policy, including a sharp increase to the maximum... READ MORE
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SME lender signs $100m debt facility

by Reporter • 3 Apr 2019
A new entrant in the SME lending space has secured a $100 million debt facility, which it said would broaden its... READ MORE
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Property slump ‘weighing heavily’ on sentiment

by Reporter • 2 Apr 2019
Cost of living pressures have been magnified by the continued fall in dwelling values, with the “wealth effect”... READ MORE
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Non-bank updates lending policy

by Reporter • 2 Apr 2019
A non-bank lender has announced updates to its serviceability assessment criteria, including changes to requirements... READ MORE
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Industry heads reiterate warning of changing remuneration

by Annie Kane • 29 Mar 2019
A panel of representatives from the mortgage and broking industry has noted the complex task of changing broker... READ MORE
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Introducer program ‘halved’, ANZ reveals

by Charbel Kadib • 29 Mar 2019
ANZ CEO Shayne Elliott has revealed that the major bank has halved its network of introducers but has no immediate... READ MORE