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BNK Bank appoints non-executive director

BNK Bank appoints non-executive director
by Malavika Santhebennur • 8 Jun 2021
The non-major bank has appointed a banking, technology and telecommunications executive as a non-executive director,... READ MORE
Non-majors highlight turnaround success

Non-majors highlight turnaround success
by Annie Kane • 7 Jun 2021
Several non-major banks have revealed how they are working to keep turnaround times fast and reduce channel conflict. READ MORE
Light commercial vehicle

Light commercial vehicle financing up 187%: CBA
by Malavika Santhebennur • 7 Jun 2021
CBA figures have revealed a spike in business car financing compared with last year, driven by a 187 per cent rise in... READ MORE
ANZ names internal audit manager

ANZ names internal audit manager
by Sarah Simpkins • 7 Jun 2021
ANZ has appointed a new general manager to oversee its internal auditing. READ MORE
Housing and rental affordability slides

Housing and rental affordability slides
by Reporter • 7 Jun 2021
The proportion of income required to meet loan repayments has increased, sending housing affordability down a slippery... READ MORE
Lending standards haven’t eased: RBA

Lending standards haven’t eased: RBA
by Sarah Simpkins • 4 Jun 2021
Lenders have not slackened their standards in the current low rate environment, the Reserve Bank has said, as it... READ MORE
Heritage Bank slashes investor loan rates

Heritage Bank slashes investor loan rates
by Malavika Santhebennur • 4 Jun 2021
The mutual bank has announced out-of-cycle cuts to select investment home loan interest rates of up to 50 bps. READ MORE
Why this broker went independent from the get-go

Why this broker went independent from the get-go
by Malavika Santhebennur • 4 Jun 2021
WA-based broker Amy Ferguson reveals why she jumped straight into the deep end of opening her own brokerage when she... READ MORE
Hot Property: The biggest property headlines from the week 31 May to 4 June

Hot Property: The biggest property headlines from the week 31 May to...
by Malavika Santhebennur • 4 Jun 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 4... READ MORE
Bank announces CEO changes

Judo Bank announces CEO changes
by Annie Kane • 3 Jun 2021
The SME challenger bank has announced changes to its leadership as it moves from a dual CEO model to having a single... READ MORE
Exclusive: Major banks reveal how they’re fixing turnarounds

Exclusive: Major banks reveal how they’re fixing turnarounds
by Annie Kane • 3 Jun 2021
Following on from concessions that broker-lodged loans take a lot longer to approve than those in the proprietary... READ MORE
Business investment spikes in March quarter

Business investment spikes in March quarter
by Malavika Santhebennur • 3 Jun 2021
Business investment was propelled by a 12 per cent rise in machinery and equipment, the strongest rise since December... READ MORE
1 in 2 SMEs keen to invest: Prospa

1 in 2 SMEs keen to invest: Prospa
by Malavika Santhebennur • 3 Jun 2021
More than half of all SME owners have plans to invest in their business in the next six to 12 months, with smaller... READ MORE
AFG to invest $15m in neobank

AFG to invest $15m in neobank
by Annie Kane • 2 Jun 2021
The aggregation group has agreed to invest $15 million in a neobank, leveraging its banking as a service offering and... READ MORE
Broker settlements hit new high for March quarter

Broker settlements hit new high for March quarter
by Annie Kane • 2 Jun 2021
The value of settled loans written by brokers over the March quarter hit a new record, with broker market share for the... READ MORE
Mutual bank begins operating under new name

Mutual bank begins operating under new name
by Annie Kane • 2 Jun 2021
Credit Union Australia has begun trading under the new name of Great Southern Bank and has rolled out new products and... READ MORE
AFG welcomes non-bank lender to panel

AFG welcomes non-bank lender to panel
by Annie Kane • 2 Jun 2021
The aggregation company has welcomed a non-bank lender to its lender panel. READ MORE
RBA announces June rate decision

RBA announces June rate decision
by Malavika Santhebennur • 1 Jun 2021
The RBA has revealed its official cash rate decision for June, as Victoria endures a fresh round of the COVID-19... READ MORE
86 400 launches direct offering

86 400 launches direct offering
by Annie Kane • 1 Jun 2021
The neobank has launched its inaugural direct-to-consumer offering, making its Neat and Own home loans available to... READ MORE
Turnaround issue compounded by metric confusion: Connective CEO

Turnaround issue compounded by metric confusion: Connective CEO
by Annie Kane • 1 Jun 2021
While welcoming that more lenders are proactively publishing their turnaround time data, Connective CEO Glenn Lees has... READ MORE
business grants package

Vic government launches $250.7m business grants package
by Sarah Simpkins • 1 Jun 2021
The state government has rolled out a $250.7 million package to support Victorian businesses hit by the latest snap... READ MORE
ALI Group partners with retail life insurer

ALI Group partners with retail life insurer
by Malavika Santhebennur • 1 Jun 2021
The mortgage protection provider has partnered with Zurich Financial Services Australia to underwrite its life... READ MORE
New date for Better Business Summit Melbourne

New date for Better Business Summit Melbourne
by Annie Kane • 31 May 2021
Due to COVID-19 restrictions in Victoria, the Melbourne leg of the Better Business Summit and Better Business Awards... READ MORE
Latitude expects 70% profit growth

Latitude expects 70% profit growth
by Sarah Simpkins • 31 May 2021
The listed lender has forecast a half-year profit in the range of $115 million to $120 million, a rise of at least 70... READ MORE
Digital processes helping brokers in lockdown

Digital processes helping brokers in lockdown
by Sarah Simpkins • 31 May 2021
Digitisation and the experience of prior restrictions are helping brokers connect to their clients and do what they... READ MORE