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Earlypay acquires Melbourne fintech Timelio
by Josh Needs • 6 Nov 2023
The acquisition adds a $40 million loan portfolio, primarily made up of invoice finance, to the lender’s loan book.
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Suncorp Bank appoints new CEO
by Adrian Suljanovic • 2 Nov 2023
The non-major bank has appointed Bruce Rush as its new chief executive.
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Lumi unveils rate-reducing business loan
by Annie Kane • 1 Nov 2023
A new feature that automatically decreases the interest rate on business loans for certain SME borrowers has been...
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In Memoriam: Ruth Cresswell, 1968–2023
by Annie Kane • 1 Nov 2023
Ruth Patricia Cresswell, a veteran broker relationship manager and sales manager, has passed away unexpectedly at the...
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Pepper Money announces commercial mortgage policy changes
by Adrian Suljanovic • 31 Oct 2023
The non-bank lender has announced a series of commercial real estate policy improvements to further assist its brokers...
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Prospa originations down 31%
by Adrian Suljanovic • 31 Oct 2023
The non-bank lender announced a drop in originations for the quarter ended 30 September 2023 as it continues to tighten...
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Wisr book drops after ‘deliberate moderation’
by Josh Needs • 31 Oct 2023
The non-bank lender saw its loan book and originations drop in the first quarter of the financial year 2024, which it...
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MyState appoints new head of broker distribution
by Annie Kane • 30 Oct 2023
A former broker-turned-business relationship manager has become the head of broker distribution at the non-major bank.
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New housing lending bounces back after consecutive declines: CBA
by Adrian Suljanovic • 30 Oct 2023
The major bank has reported a lift in new housing lending in September following three months of falls.
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Inflation ‘higher than anticipated’: McEwan
by Adrian Suljanovic • 30 Oct 2023
Last week’s third quarter inflation data came back higher than forecast, the major bank’s chief executive has said,...
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