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Lender

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. READ MORE

Suncorp Bank appoints new CEO

by Adrian Suljanovic • 2 Nov 2023
The non-major bank has appointed Bruce Rush as its new chief executive. READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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. READ MORE

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. READ MORE

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,... READ MORE