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Lender reveals Aussie farmers invest in new tech
by • 21 Feb 2023
A rural lender has revealed asset finance for GPS technology is booming as farmers seek precision farming to save... READ MORE

Financial Circle director convicted and fined
by Adrian Suljanovic • 21 Feb 2023
 Joshua David Fuocohas been convicted and fined for managing a financial services company while disqualified. READ MORE

Aquamore welcomes new Victorian BDM
by Reporter • 21 Feb 2023
The private lender has welcomed Darren McLeod, Finstro’s former channel manager for Victoria, South Australia, and... READ MORE

Former FAST CEO joins CitoPlus board
by Annie Kane • 20 Feb 2023
Brendan Wright has joined the board of technology platform Cito+ (CitoPlus), as the group ramps up its technology... READ MORE

Fintech lender hit with 2 infringement notices: ASIC
by Adrian Suljanovic • 20 Feb 2023
Jacaranda was issued the notices by ASIC after it was alleged that the lender’s website may contain false or... READ MORE

Wisr boosts funding capacity via $200m ABS deal
by Fabian Cotter • 20 Feb 2023
Non-bank lender Wisr has priced its third ‘asset-backed securities’ transaction, the company has announced. READ MORE

Personal lender appoints new CEO, announces growth
by Annie Kane • 17 Feb 2023
While announcing its financial results for the year ended 31 December 2022, non-bank lender Latitude revealed who its... READ MORE

AMP residential loans hit $23.8bn
by Fabian Cotter • 17 Feb 2023
The non-major bank's loan book grew by $2 billion in the 2022 financial year, bolstered by the acquisition of Nano, new... READ MORE

NAB reports 1% lift in loan book in 1Q23
by • 17 Feb 2023
The major bank announced the interest hikes had “benefited” profits, reporting growth in its home loan portfolio. READ MORE

Brighten senior BDM promoted to newly created role
by Adrian Suljanovic • 17 Feb 2023
Mikai Ning has been appointed to the newly created role of national strategic partnerships manager, the non-bank lender... READ MORE

Resimac strengthens broker support with new hires
by Adrian Suljanovic • 17 Feb 2023
The non-bank lender has announced three new hires for its residential mortgage and asset finance businesses in NSW,... READ MORE

Hot Property: The biggest property headlines from week 13–17...
by Adrian Suljanovic • 17 Feb 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 17... READ MORE

CBA reports 18% drop in new mortgages
by Annie Kane • 16 Feb 2023
The major bank funded $17 billion less in home loans in the first half of the 2023 financial year than they did in... READ MORE

Predatory lending in ASIC’s crosshairs
by Adrian Suljanovic • 16 Feb 2023
The financial services and product regulator has announced it will be targeting predatory lending in an ongoing focus... READ MORE

Know your ‘slanguage’, MFAA mortgage brokers advised
by Fabian Cotter • 16 Feb 2023
‘Gen Z’-ers are the next new home owners, so brokers need to better understand them asap, a market researcher has... READ MORE

Shift closes $27m Series C equity raise
by Adrian Suljanovic • 16 Feb 2023
The provider of credit and payment platforms has announced that it has closed a $27 million Series C funding round. READ MORE

‘Changes need to ensure remuneration is fairer’: MFAA CEO
by Annie Kane • 15 Feb 2023
Broker remuneration needs further changes, including removing the “cliff nature” of clawback, to ensure it is... READ MORE

MA Financial appoints CFO
by Adrian Suljanovic • 15 Feb 2023
The financial services group has announced the appointment of Giles Boddy as its new chief financial officer. READ MORE

Australian mortgagor confidence lowest in three years
by Fabian Cotter • 15 Feb 2023
Consumer confidence and sentiment have taken a sharp slide this week, latest research from major banks has revealed. READ MORE

Home loan broker handed 14-month sentence
by Fabian Cotter • 14 Feb 2023
A Sydney broker has received a court ICO after pleading guilty to loan fraud, ASIC has confirmed. READ MORE

Prospa’s total originations up 35% for 1H23
by Adrian Suljanovic • 14 Feb 2023
The SME lender has released its trading update for the half year ending 31 December 2022, reporting growth in total... READ MORE

Client retention at risk as fixed rates expire, Connective warns
by • 14 Feb 2023
As roughly $350 billion in fixed rate loans roll off this year, according to the central bank, Connective is reminding... READ MORE

Personal lender prices $300m ABS transaction
by Reporter • 14 Feb 2023
A $300 million renewable energy and personal loan ABS transaction has been priced by non-bank lender Plenti. READ MORE

REA Group reports ‘softening settlements’
by Annie Kane • 13 Feb 2023
While the financial services arm of REA grew its loan book in 1H23, it flagged that revenue and settlements have been... READ MORE

AFG chair to step down from board
by Adrian Suljanovic • 13 Feb 2023
The Australian Finance Group Limited has announced that Anthony “Tony” Gill is set to step down as chair of the... READ MORE