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Ex-CBA employee charged for role in $36m ‘fraud conspiracy’

by Reporter • 10 Nov 2017
A former employee of the Commonwealth Bank of Australia has been charged with conspiracy to defraud the bank, after... READ MORE
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Complex lending market has ‘winners and losers’

by Reporter • 10 Nov 2017
The head of a new Australian fintech has said that “quality borrowers” are hitting roadblocks when it comes to... READ MORE
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Online SME lender delivers $500m to economy

by Reporter • 10 Nov 2017
Prospa, an online lender for small business, has announced that it has delivered more than half a billion dollars into... READ MORE
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Banks have created ‘SLAs on top of SLAs’ by outsourcing

by James Mitchell • 9 Nov 2017
In an effort to cut costs, banks have actually reduced efficiencies and created more headaches for brokers and their... READ MORE
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NAB ‘open for business’ on IO, investor loans

by James Mitchell • 7 Nov 2017
The effectiveness of APRA’s regulatory actions over the last year has left the major lender with plenty of capacity... READ MORE
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Westpac closes 58 branches in digital push

by Staff reporter • 6 Nov 2017
The major lender has revealed that the first mortgages have been originated on its new banking and wealth platform as... READ MORE
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Is RENTVESTING the new Aussie dream?

by La Trobe Financial Group • 3 Nov 2017
Promoted by Give me a home among the gum trees... or give me a rental among the gum trees and an investment property... READ MORE
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Westpac bolsters responsible lending with ApplyOnline changes

by Staff reporter • 1 Nov 2017
The major bank has informed mortgage aggregators that brokers will soon need to provide additional details about why... READ MORE
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AFP charges RAMS founder with fraud

by James Mitchell • 31 Oct 2017
RAMS founder John Kinghorn has been charged with fraud for allegedly avoiding tax obligations worth more than $30... READ MORE
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FBAA welcomes news from major bank

by Staff reporter • 30 Oct 2017
News that mortgage brokers are originating the majority of home loans for a major bank has been welcomed by the Finance... READ MORE