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Breaking News
Pepper Money eyes gaps left by big four
by Sarah Simpkins • 26 Nov 2021
The ASX-listed lender has aimed to become the “new major”, targeting underserved customers, as it has flagged new...
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Lenders need to improve ease of use, brokers say
by reporter • 26 Nov 2021
While large ADIs showed improving turnarounds in October, ease of use emerged as a notable bottleneck throughout most...
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MyState business recruits commercial lending head
by • 26 Nov 2021
With a subsidiary of the Tasmania-based lender taking steps towards establishing a business lending presence, it has...
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Hot Property: The biggest property headlines from the week 22-26...
by Reporter • 26 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending...
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ScotPac launches new mortgage offering through brokers
by Annie Kane • 25 Nov 2021
The debtor and asset finance lender has soft-launched its first home loan offering and two property-secured products...
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Large banks maintain fast turnarounds despite higher broker flows
by reporter • 25 Nov 2021
Brokers are seeing turnarounds at the most commonly used banks continue to improve, despite third-party usage rates...
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Nodifi expands platform with personal loan offerings
by • 25 Nov 2021
Starting from next week, products from SocietyOne, Plenti and Wisr will be available for users of the fintech’s loan...
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Prospa secures $40m in SME originations for October
by • 25 Nov 2021
The confirmation of an 84 per cent increase in originations compared to 2020 comes as the lender reveals a new loan...
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MoneyQuest acquires Buyers Choice
by Annie Kane • 24 Nov 2021
The mortgage broking franchise has acquired boutique sub-aggregator Buyers Choice for an undisclosed sum.
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Qld suburbs named ‘best places’ to invest: ME
by • 24 Nov 2021
The Sunshine State’s appeal to investors has been reaffirmed after the non-major bank’s study found Australia’s...
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AFG signs up for open banking platform
by Sarah Simpkins • 24 Nov 2021
AFG has teamed with a fintech to allow customers to share their financial and banking data with the group’s brokers.
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Non-bank welcomes new head of distribution
by Annie Kane • 23 Nov 2021
Non-bank mortgage lender MKM has announced the appointment of its new head of distribution.
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Victorian FHB grants rise by 29.4%
by Sarah Simpkins • 23 Nov 2021
The Victorian state government has dished out almost 30 per cent more grants to first home buyers year-on-year.
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1/4 of Australians considering buying property with...
by • 23 Nov 2021
A quarter of Australians are pondering whether to co-invest with their parents or friends, according to new data...
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UK regtech expands into Australia with Judo Bank
by • 23 Nov 2021
SMEs will be able to digitally share financial statements with Judo Bank under the bank’s partnership with UK regtech...
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Agri lending growth buoyed by high confidence: CBA
by reporter • 23 Nov 2021
Agri machinery financing rose 25 per cent in the first four months of the financial year 2022, reflecting strong...
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SME lending ‘desperately needs better regulation’, says lender
by • 22 Nov 2021
Tradeplus24 is calling for better invoice lending regulation or a self-regulated code of conduct after suggesting...
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Same-day commission payments offered to Effi brokers
by Annie Kane • 22 Nov 2021
Advanced payments of upfront commissions are being offered to brokers through a new partnership between Effi and...
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AFCA members to see ‘near real-time’ complaints data
by Annie Kane • 22 Nov 2021
An interactive platform that provides daily complaints data has been launched by the dispute resolution platform for...
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Deposit Power announces new CEO
by Annie Kane • 19 Nov 2021
The bond provider has appointed a new chief executive who will help “drive the company’s strategy and growth...
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84% of SMEs think bank loans are hard to secure
by • 19 Nov 2021
Only 16 per cent of SMEs think it’s easy to secure a loan through a bank, according to the inaugural RedZed...
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MFAA announces 2 new board members
by reporter • 19 Nov 2021
Brokers Marissa Schulze and Kerri Buurman have been welcomed to the board of the Mortgage and Finance Association of...
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Platform Finance reports strong surge in personal loans
by Annie Kane • 19 Nov 2021
Home improvements, debt consolidation and vehicle purchases have driven a doubling in personal loan growth in the...
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ASIC sues group over behaviour against debtors
by • 19 Nov 2021
The financial services regulator has taken a debt negotiator to court over allegations of misleading, threatening and...
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Hot Property: The biggest property headlines from the week 15-19...
by Annie Kane • 19 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending...
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