Lender

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... READ MORE

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’... READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

Prospa acquired by Salter Brothers consortium
by Adrian Suljanovic • 14 Aug 2024
The SME lender has announced the acquisition by a consortium led by the Salter Brothers Tech Fund has been... READ MORE

A ‘tactical reduction’ sees AMP’s mortgage book drop
by Adrian Suljanovic • 9 Aug 2024
The number of new loans written by the non-major bank has dropped during 1H24. READ MORE

Long-term SME confidence takes a hit

by Adrian Suljanovic • 9 Aug 2024
Small-business confidence continues to deteriorate amid elevated interest rates and stubborn inflation. READ MORE

Majors observe hawkish shift in RBA’s stance
by Adrian Suljanovic • 8 Aug 2024
While the cash rate remains at 4.35 per cent, major bank economists have noted the hawkish tone from the board... READ MORE

ANZ appoints new managing director, Qld
by Ben Squires • 8 Aug 2024
The appointment has come after the long-awaited completion of the ANZ-Suncorp merger. READ MORE