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Lender
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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ASIC warns lenders not to outsource responsibility to brokers
by Reporter • 13 Aug 2018
The corporate regulator has reiterated its view that lenders should be held accountable for breaches of responsible...
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Property group posts $29.3m third-party revenue
by Reporter • 13 Aug 2018
A property group has delivered growth through its financial services division off the back of its investments in the...
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