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Lender
BOQ announces major restructure
by Ben Squires • 23 Aug 2024
The non-major lender has made major changes to its structure, including hundreds of job cuts, as it changes strategy to...
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MA Financial to acquire ≤$1bn in asset finance loans
by Ben Squires • 22 Aug 2024
The asset manager has signed a strategic partnership to acquire up to $1 billion of commercial asset finance loans.
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Brighten appoints new senior BDM for Victoria
by Ben Squires • 22 Aug 2024
The non-bank lender’s new appointment comes in response to strong demand for finance in the Victorian market.
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Metro Finance names new CEO
by Ben Squires • 21 Aug 2024
The new CEO steps into the top job after more than a decade of service at the asset finance provider.
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Non-bank boosts leadership team with executive appointments
by Ben Squires • 21 Aug 2024
Newly formed leadership roles have been announced at the non-bank to bolster its support to the broker channel.
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ORDE launches Residential Construction loans
by Reporter • 21 Aug 2024
Non-bank lender ORDE Financial has added a new Residential Construction product for borrowers looking to build new...
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Major bank launches new home loan for sustainable upgrades
by Ben Squires • 20 Aug 2024
Brokers will be able to write a new major bank loan from next week that gives borrowers up to $50,000 for ‘green’...
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Brokers will ‘absolutely be the predominant channel’ if MyState...
by Annie Kane • 19 Aug 2024
The third-party channel will continue to be the channel of choice for MyState/Auswide if their newly announced merger...
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Arrears start to rise at major banks
by Ben Squires • 19 Aug 2024
The home loan arrears rates are increasing at the major banks, as high interest rates and cost-of-living pressures...
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Two-thirds of CBA home loans originated through direct channel
by Annie Kane • 15 Aug 2024
Australia’s largest lender continues to see broker flows drop, with its proprietary channel now writing around 66 per...
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