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Lender
Aggregator sees uptick in SME lending from brokers
by Francesca Krakue • 15 Mar 2017
The head of a boutique aggregator has seen a steady increase in brokers’ uptake of SME lending, particularly since...
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Innovative Virtual VOI platform avoids big four banks
by Reporter • 15 Mar 2017
A new virtual verification of identify service has revealed that it is targeting mid-tier lenders, aggregators and...
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Big four bank announces investor LVR change
by Reporter • 15 Mar 2017
A major bank has announced that it is reducing the maximum LVR ratio for investment home loans, effective...
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Lender to trial virtual sales assistants
by James Mitchell • 15 Mar 2017
An ASX-listed marketplace lender with an extensive broker footprint has announced that it will trial a new artificial...
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NAB launches university scholarship
by Francesca Krakue • 15 Mar 2017
The big four bank has this week unveiled a scholarship program and academic research funding to support the future of...
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Major lenders lose 6% broker market share in a year
by Reporter • 14 Mar 2017
The proportion of mortgages being written by brokers to the major banks has fallen by 6.55 per cent in just one year,...
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Banks put heads together to ease switching
by Francesca Krakue • 14 Mar 2017
Lenders and other stakeholders have come together at an inaugural roundtable to discuss new initiatives aimed at...
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Major banks’ plan to scrap commissions ‘highly unlikely’
by James Mitchell • 13 Mar 2017
Recent media reports claiming that the major banks are planning to scrap broker commissions have been slammed by a...
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Former bank CEO joins P2P lender
by Reporter • 13 Mar 2017
Peer-to-peer lender RateSetter has appointed former ING Direct chief executive Vaughn Richtor to its Australian board...
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Lenders have ‘substantial work to do’: ASIC
by Reporter • 10 Mar 2017
Australian lenders, including the four major banks, have “substantial work” to do to eliminate unfair terms from...
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