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Lender
More customers asking for smaller banks: Survey
by Reporter • 6 Aug 2018
A new survey has found that 70 per cent of brokers have experienced an increase in the number of clients requesting...
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Industry reeling from PC trail stance but calls for calm
by Reporter • 6 Aug 2018
Several heads of industry have voiced shock and disappointment at the Productivity Commission’s recommendations on...
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NSW government suggests banning trail commission
by Reporter • 3 Aug 2018
Prohibiting the payment of trailing commission could ensure that it no longer contributes to “consumer detriment with...
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Changing demographics to alter dwelling demand
by Reporter • 2 Aug 2018
As Generation Y begins to enter the housing market, there could be a change in the types of dwellings sought after, a...
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Marketplace lender joins aggregator panel
by Reporter • 2 Aug 2018
Wisr has become the latest lender to join the panel of Connective, enabling brokers to access its unsecured personal...
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Lender raises $140m to secure march into SME space
by Reporter • 2 Aug 2018
An emerging small business lender has announced that it has finalised its first round of equity raising at $140...
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‘Political scrutiny’ delaying big bank rate hike
by Reporter • 1 Aug 2018
Australia’s major banks have traditionally been the first to respond to higher funding costs by hiking interest rate;...
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Westpac to fast-track remuneration reform ahead of RC report
by Tas Bindi • 30 Jul 2018
The major bank has pledged to fast-track the process of implementing recommendations from the Sedgwick review published...
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Bank withdraws 2 BDMs due to ‘soft market conditions’
by Reporter • 27 Jul 2018
A non-major lender has announced that it will be withdrawing business development managers from two states, citing...
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Former Westpac banker permanently banned for mortgage fraud
by Reporter • 26 Jul 2018
ASIC has permanently banned a former Westpac banker from engaging in credit activities, after finding that he had...
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