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Volt Bank becomes latest CDR data recipient
by reporter • 3 Nov 2021
The neobank has become an accredited data recipient under the Consumer Data Right, the sixth bank to gain approval... READ MORE

N1H extends SME lending capacity again
by reporter • 3 Nov 2021
Business, financial and property services firm N1 Holdings has expanded its SME lending capacity to $90 million. READ MORE

RBA calls November cash rate
by Sarah Simpkins • 2 Nov 2021
The Reserve Bank has confirmed its rate decision for November, as talk of a faster-than-expected rise has fired up. READ MORE

Owner-occupier lending falls for 4th month: ABS
by Sarah Simpkins • 2 Nov 2021
The value of new home loans fell by 1.4 per cent in September, dragged mostly by a 2.7 per cent drop in the... READ MORE

Westpac admits to lagging broker turnarounds
by Sarah Simpkins • 2 Nov 2021
The big four bank has ramped up automation, in a bid to rectify broker loan assessment times that dragged behind its... READ MORE

Teachers Mutual targets brokers as merger wraps
by Malavika Santhebennur • 2 Nov 2021
The mutual bank has outlined how brokers would help reach customers in areas without the same bricks-and-mortar... READ MORE

More FHBs transitioning towards outer suburbs: NAB
by • 2 Nov 2021
New figures released by the major bank suggest that the outer suburbs are gradually, but increasingly, becoming... READ MORE

ASIC slaps Ferratum Australia with lawsuit
by Sarah Simpkins • 1 Nov 2021
The regulator has commenced a civil lawsuit against the personal lender, for allegedly hitting customers with... READ MORE

NSW government sets up new unit to mitigate identity crime
by reporter • 1 Nov 2021
The NSW government is establishing a new identity support unit to minimise the risks associated with identity theft and... READ MORE

Government introduces compensation scheme legislation
by Malavika Santhebennur • 1 Nov 2021
The government has introduced legislation that represents the final tranche to implement recommendations made by the... READ MORE

Incoming NAB board member withdraws application
by • 1 Nov 2021
The major bank has announced that a formerly announced board member will no longer join its board. READ MORE

Major bank pleads guilty for mis-selling credit insurance
by Malavika Santhebennur • 29 Oct 2021
A major bank has pleaded guilty to several criminal charges of making false or misleading representations to 165... READ MORE

‘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... READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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. READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

Lend welcomes 4 new lenders to panel
by reporter • 27 Oct 2021
Four non-bank lenders have joined the panel of SME platform Lend. READ MORE

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. READ MORE

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... READ MORE