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Breaking News
CBA records landmark asset financing growth
by Josh Needs • 28 Aug 2023
The major bank has funded record levels in asset finance following strong investment by businesses in machinery and...
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Tough operating conditions to persist for Aussie businesses
by Josh Needs • 28 Aug 2023
Rising costs and falling invoice values are contributing to growing expectations that there will be more business...
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Treasury confirms three new ASIC Commissioners
by Josh Needs • 25 Aug 2023
The Treasurer has appointed senior members of CHOICE, CBA, and the federal Treasury as ASIC commissioners.
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Lendi confirms Domain Home Loans still operating
by Annie Kane • 25 Aug 2023
All Domain Home Loan brokers remain employed and business is operating as usual, Lendi has confirmed, despite its JV...
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Wisr to remain conservative as it looks to grow NIM
by Josh Needs • 25 Aug 2023
The non-bank lender has said it will continue to focus on profitability rather than growth, as tightened economic...
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‘Uneven’ soft landing for economy in FY24: Judo Bank
by Annie Kane • 25 Aug 2023
After revealing strong SME loan book growth in the financial year 2023, the chief executive of the SME lender has...
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Hot Property: The biggest property headlines from week 21–25 August
by Adrian Suljanovic • 25 Aug 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 25...
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Former Wisr CEO faces court, new CEO appointed
by Josh Needs • 24 Aug 2023
The former chief executive of the ASX-listed lender is set to appear in court today after the NSW Police commenced...
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BOQ calls off chief executive search
by Reporter • 24 Aug 2023
The non-major lender has discontinued its search for a new CEO as the interim appointee will be taking on the position...
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Pepper Money mortgage originations fall 58%
by Josh Needs • 24 Aug 2023
Unfavourable market conditions have resulted in a sharp drop in the non-bank’s home loan growth, but asset finance...
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Rental inquiry hears of record property owner stress
by • 24 Aug 2023
Rental housing scarcity, soaring inflation, and consecutive interest rate hikes have had a detrimental impact on...
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CAFBA appoints new CEO after 11 years
by Josh Needs • 23 Aug 2023
The association has revealed its replacement for outgoing chief executive David Gill, who has stepped down after...
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Lingering pandemic impacts weigh on borrowers’ refinance potential,...
by • 23 Aug 2023
In the face of persistent pandemic-related challenges and rigorous serviceability criteria, refinancing has become an...
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LMG announces newly created role and appointment
by Adrian Suljanovic • 23 Aug 2023
The aggregator has appointed Rob Thomas as its new national director for member service offering.
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Businesses must adapt to market conditions: Grow Finance
by Adrian Suljanovic • 23 Aug 2023
Businesses and consumers need to stay in the know to navigate the impact of rising rates, the business lender’s chief...
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Wellness Wednesday: Anthony O'Flynn, ifa Mortgages
by • 22 Aug 2023
With the world of broking being as busy as ever, it’s crucial that brokers ensure that they can deal with the stress...
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Mutual banks poised to invest in brokers, says S&P report
by • 22 Aug 2023
Amid ongoing economic challenges, the mutual banking industry is expected to uphold its investment in the third-party...
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‘Less awareness’ on how finance assists SMEs: Moneytech
by Adrian Suljanovic • 22 Aug 2023
Recent data from the non-bank lender has found there is “less awareness” on how financing can assist SMEs beyond...
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Westpac’s lending grows $6.4bn in 3Q23
by • 22 Aug 2023
The major bank has revealed an increase in new lending activities, while also noting a slight uptick in delinquencies.
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Timeline set for Help To Buy scheme
by Reporter • 22 Aug 2023
The federal government has set a timeline to launch its shared equity home buying scheme, which was a key Labor Party...
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Better Choice streamlines clawbacks for commercial products
by • 21 Aug 2023
The non-bank lender has removed clawbacks across its commercial lending in a move to assist brokers.
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MyState Bank reveals over 14% home lending growth
by Josh Needs • 21 Aug 2023
The non-major bank has attributed its loan book growth and customer base expansion to increased broker partnerships in...
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Marketplace Finance announces a partnership with LMG brokers
by Reporter • 21 Aug 2023
The brokerage has joined the newly launched LMG Commercial Referral Hub, in a move to expand its commercial finance...
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Bank of Sydney reveals organisational restructure
by Josh Needs • 21 Aug 2023
The lender’s strategic reshuffle has seen two existing and one added team member step into new roles.
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SME lender welcomes 2 senior BDMs
by • 18 Aug 2023
As part of its expansion into the NSW market, SME lender Fifo Capital has announced the appointment of two senior...
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