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Breaking News
‘We take too long’: ANZ manual systems drag turnarounds
by Sarah Simpkins • 29 Oct 2021
ANZ boss Shayne Elliott has conceded the bank has struggled to process a mass of home loan applications, as it works to...
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Steady cash rate driving borrower complacency
by Malavika Santhebennur • 29 Oct 2021
Analysis by Aussie has shown that many mortgage holders are not interested or do not know if they want to refinance...
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More Australians relocating to regional Australia: RAI
by • 29 Oct 2021
Data published by Regional Australia Institute, in tandem with CBA, suggests more Australians are abandoning capital...
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Hot Property: The biggest property headlines from the week 25-29...
by Reporter • 29 Oct 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 29...
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Brokers will dictate future of Choice, FAST, PLAN: White
by Sarah Simpkins • 28 Oct 2021
After its management restructure, Loan Market Group will continue to consult with brokers to decide the fate of the...
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Heritage leaders address merger proposal concerns
by Annie Kane • 28 Oct 2021
The chairman and chief executive of Heritage Bank have addressed concerns about the bank’s proposed merger with...
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Wisr reports 113% loan book growth
by • 28 Oct 2021
The non-bank lender originated a record $132 million over the last quarter, the 21st consecutive quarter of growth.
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Loan Market Group overhauls Choice, FAST, PLAN leadership
by Sarah Simpkins • 27 Oct 2021
PLAN Australia, Choice Aggregation and FAST will now operate under a single management structure, with parent company...
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Prospa lending surges despite lockdowns
by Sarah Simpkins • 27 Oct 2021
The ASX-listed lender recorded $128.5 million in originations during the September quarter, falling from the previous...
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Wisr non-executive to retire from board
by • 27 Oct 2021
A non-executive director with the lender has confirmed that they will not be seeking re-election, stepping down from...
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Lend welcomes 4 new lenders to panel
by reporter • 27 Oct 2021
Four non-bank lenders have joined the panel of SME platform Lend.
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Non-bank completes acquisition of personal lender
by • 26 Oct 2021
An ASX-listed company has confirmed that it has acquired a personal lender for $100 million in cash plus shares.
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GetCapital relaunches under new name
by Annie Kane • 26 Oct 2021
The SME lender has relaunched under a new name as part of a rebranding initiative that aims to better reflect its...
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James Symond donates $1m to cancer research program
by Annie Kane • 26 Oct 2021
The former chief executive of Aussie has donated $1 million to a joint project between St Vincent’s Hospital Sydney...
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Gateway Bank announces home loan interest cuts
by • 26 Oct 2021
The mutual lender has lowered the variable interest rates on four of its home loan products, including two green loan...
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RedZed added to aggregator panel
by Malavika Santhebennur • 26 Oct 2021
The self-employed lender has joined AFG’s lender panel, which has followed its expansion into five aggregators’...
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YBR Home Loans flags digital pivot, broker expansion
by Malavika Santhebennur • 25 Oct 2021
The major brokerage has launched a digital mortgage broking business and signalled an expansion of its third-party...
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‘Perfect storm’ of trouble ahead for SMEs
by Malavika Santhebennur • 25 Oct 2021
An SME lending company has warned that many retail and supplier businesses will be unable to meet pent-up demand...
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Wisr hits high for new loans
by Reporter • 25 Oct 2021
The ASX-listed personal lender wrote $132 million in new loans during the September quarter, more than double...
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Oak Capital announces final Pay It Forward recipient
by • 25 Oct 2021
The initiative designed to support a handful of SMEs has now ended with the non-bank lender announcing the fourth and...
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Prospa squares up against banks, expands SME loan
by Sarah Simpkins • 22 Oct 2021
The ASX-listed lender has flagged a new “all-in-one” business account to launch next year alongside two loan...
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Business credit demand bounces back in NSW
by Malavika Santhebennur • 22 Oct 2021
Data from the initial days of NSW reopening after lockdown has shown a spike in demand across all categories of...
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Hot Property: The biggest property headlines from the week 18-22...
by Malavika Santhebennur • 22 Oct 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 22...
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Government moves to make electronic signatures permanent
by Annie Kane • 22 Oct 2021
The federal Treasurer has introduced to Parliament a bill to make permanent the reforms allowing companies to use...
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Semper hits high in agri transactions
by Reporter • 21 Oct 2021
The business lender has reported a record quarter of agricultural transactions, as drought conditions wind to an end...
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