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Lender

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Wealth business buys majority stake in fintech lender

by Malavika Santhebannur • 27 Sep 2019
Global wealth manager Skybound Capital has invested $20 million in WA personal lender Fair Go Finance after buying a... READ MORE
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Lender reports 70% growth in broker loans

by Hannah Dowling • 26 Sep 2019
Online SME lender OnDeck has seen a 70 per cent increase in broker-originated loans in the last year, following an... READ MORE
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Brokers the ‘priority’ for new lender

by Charbel Kadib • 25 Sep 2019
A new entrant in the lending space is banking on the broker channel as its primary point of distribution for its credit... READ MORE
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Big 4 bank cuts rates by up to 90 bps

by Hannah Dowling • 25 Sep 2019
A major bank has announced mortgage rate reductions of up to 90 bps for both owner-occupiers and investors.  READ MORE
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Virgin Money revises verification requirements

by Reporter • 25 Sep 2019
The lender has announced a number of changes to its home lending policy, which include a softening of its expense... READ MORE
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SMEs funding growth through non-bank lenders

by Hannah Dowling • 25 Sep 2019
The proportion of Australian SMEs that plan to fund their business growth via their main bank has halved in the past... READ MORE
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Climate change raising risk for mortgagors

by Hannah Dowling • 24 Sep 2019
The increased frequency of natural disasters is raising risks for home loans and house prices in Australia, and is... READ MORE
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ANZ finalises SME business sale in PNG

by Hannah Dowling • 24 Sep 2019
The major bank has finalised the sale of its retail, commercial and SME banking business in Papua New Guinea to Kina... READ MORE
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Major bank drops serviceability floor rate

by Annie Kane • 23 Sep 2019
Westpac is dropping its floor rate for home loans next week, which will impact the serviceability assessment rates used... READ MORE
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NAB reveals commencement date of new CEO

by Charbel Kadib • 23 Sep 2019
The major bank has announced the start date for its incoming CEO Ross McEwan. READ MORE