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Lender
Prospa still ‘evaluating’ when to float
by Annie Kane • 31 Jan 2019
The SME lender has said that while it is well capitalised, it will “keep evaluating” timings regarding a potential...
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SME lender backs ‘invaluable’ brokers
by Annie Kane • 30 Jan 2019
Prospa has said brokers are “invaluable” to its business and SMEs, with its co-founder and co-CEO saying he would...
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‘Front-book focus’ sparking demand for refinancing
by Reporter • 30 Jan 2019
Almost 30 per cent of borrowers are looking to refinance their mortgage in the coming year, with customers left “in...
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Lenders ‘poaching’ refinancers as competition intensifies
by Charbel Kadib • 25 Jan 2019
Refinancing applications are set to continue rising, with lenders increasingly targeting existing clients from...
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Challenger banks look to ‘a new era in banking’
by Annie Kane • 24 Jan 2019
Following the news that Volt Bank has become the first Australian bank to transition from a restricted licence to a...
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Lender cuts buffer rate but tightens expense checks
by Charbel Kadib • 22 Jan 2019
A West Australia-based lender has announced changes to its home loan assessment policy following a review of its credit...
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Financial stress affecting 2 in 5 employees
by Charbel Kadib • 22 Jan 2019
Approximately 40 per cent of Australian employees are experiencing financial stress, costing businesses an estimated...
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Bank partners with Simpology to boost application process
by Reporter • 22 Jan 2019
A non-major lender has announced its partnership with software provider Simpology, with the aim of improving its loan...
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Lender announces changes to loan approval process
by Reporter • 21 Jan 2019
A non-major lender has tightened its loan application process, requiring a more detailed assessment of a borrower’s...
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Resimac announces new leadership structure
by Annie Kane • 18 Jan 2019
The non-bank lender has announced that its long-serving joint CEO, Mary Ploughman, will leave the company after 16...
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