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Lender
Building society to rebrand under regional bank
by Reporter • 20 Nov 2018
The Rock, a building society that was bought by a Tasmania-based banking group in 2011, is to rebrand from next month.
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Major bank CEO backs fees-for-service model
by Charbel Kadib • 19 Nov 2018
The CEO of a big four bank has expressed support for a “consumer pays” model in the broking industry, which he...
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New SME lender raises $31.5m
by Reporter • 19 Nov 2018
A three-month-old fintech has announced raising $31.5 million as it looks to serve a market that has long struggled to...
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Lender cracks down on savings verification
by Reporter • 15 Nov 2018
A lender has updated its credit policy to require brokers to explain the source of their clients’ “genuine...
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Major bank announces commission structure changes
by Annie Kane • 14 Nov 2018
A big four bank has announced that it is to change broker commissions from next week, becoming the penultimate major...
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Government launches $2bn fund for SME lenders
by Annie Kane • 14 Nov 2018
The federal government has announced a new $2 billion Australian Business Securitisation Fund to help provide...
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Flat commissions could eliminate ‘lender choice conflicts’: AFG
by Charbel Kadib • 14 Nov 2018
Legislating for the provision of standardised commissions could help eliminate conflicts that encourage lenders to use...
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Major bank ‘enhances’ verification requirements
by Reporter • 14 Nov 2018
A big four bank has announced that it will implement a swathe of changes to its home and investment lending policy.
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Bank proposes introduction of standardised commissions
by Charbel Kadib • 12 Nov 2018
Introducing an industry standard commission paid to brokers irrespective of the lender would help remove perverse...
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Lender enhances marketing kit for brokers
by Reporter • 12 Nov 2018
A non-bank lender has enhanced its marketing toolkit for brokers to help promote their services on social media.
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