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Lender
Non-bank lender reports 60% profit increase in FY18
by Reporter • 27 Aug 2018
Homeloans Ltd has reported a 60.1 per cent increase in statutory net profit after tax in the 2018 financial year,...
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Non-bank lender posts 5% drop in profit in FY18
by Reporter • 24 Aug 2018
Publicly listed non-bank lender FlexiGroup Limited reported a $4.8 million year-on-year decline in net profit in the...
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Marketplace lender looks to expand into broker channel
by Reporter • 22 Aug 2018
Personal loan fintech SocietyOne is looking to strengthen its relationship with the broker channel, in a bid to see up...
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Strong broking industry ‘fundamental’ to competition: Bank CEO
by Reporter • 20 Aug 2018
A strong mortgage broking industry is “incredibly critical” to the Australian public, the economy and competition...
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Revenue rise spurred by growth in SME lending: NAB
by Reporter • 17 Aug 2018
The major bank has reported an increase in its underlying revenue over the third quarter of 2018, citing “good growth...
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Extending credit advice to planners is ‘pro-competitive’: PC
by Reporter • 16 Aug 2018
Allowing financial planners to offer credit advice would provide consumers with greater choice, drive innovation and...
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Non-bank lender acquires competitor
by Reporter • 16 Aug 2018
A Perth-based non-bank lender has assumed control of a domestic competitor, in a move designed to help it...
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Private lenders ‘consolidating’ as market tightens
by Reporter • 16 Aug 2018
There has been a “consolidation in the private lending market” as the residential property market tightens, a...
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NAB profits boost despite ‘challenging’ environment
by Reporter • 14 Aug 2018
The major bank has reported third quarter profit growth, despite rising regulatory costs, and a “challenging...
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Expenses probed as regional bank takes loans from majors
by Reporter • 14 Aug 2018
A non-major lender has said that it was the “recipient of increased flows” off the back of tighter serviceability...
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