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Breaking News
Judo hits $1bn in loan originations
by Hannah Dowling • 20 Jan 2020
The challenger bank has surpassed $1 billion in loan originations, nine months after receiving its banking licence.
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Bankwest, Lendi integrate assessment tools
by Reporter • 20 Jan 2020
The Commonwealth Bank-owned lender has announced a partnership with online broking platform Lendi, which would provide...
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SMEs urged to consider finance ahead of Chinese New Year
by Reporter • 20 Jan 2020
Small businesses have been encouraged to secure finance to fund the stock-up and production of goods ahead of closures...
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Major brokerage bolsters compliance team
by Annie Kane • 17 Jan 2020
Mortgage Choice has appointed its first general counsel and company secretary as well as a new head of compliance, as...
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Brokers surveyed on non-bank products
by reporter • 17 Jan 2020
The Adviser is calling on brokers to rank the best non-bank products on offer as part of its annual Broker Product of...
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Lender rolls out ‘green’ home loan
by Reporter • 17 Jan 2020
A non-major has received up to $60 million in funding to launch a green home loan as part of a broader push to promote...
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NAB’s former payments head leading open banking
by Sarah Simpkins • 17 Jan 2020
The ACCC has chosen a former NAB, CBA and Westpac staffer to head up its new standalone consumer data right...
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HashChing revamps offering, completes capital raise
by Charbel Kadib • 16 Jan 2020
The mortgage marketplace has announced a shift in the group’s strategic direction, including breaking into SME...
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Brokers called to proactively assist bushfire victims
by Hannah Dowling • 16 Jan 2020
The FBAA has urged brokers to reach out to clients who may have been directly or indirectly affected by the fires and...
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AFG offers bushfire grants to brokers and their customers
by Annie Kane • 16 Jan 2020
Australian Finance Group has established a $100,000 bushfire relief package to directly assist customers and brokers...
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New broker survey reveals lender preferences
by Charbel Kadib • 15 Jan 2020
Fast turnaround times and consistency in the mortgage application process have continued to serve as key drivers of the...
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Aggregators join mortgage industry relief fund
by Annie Kane • 15 Jan 2020
The three NAB-owned aggregators, Choice, FAST and PLAN, have pledged a total of $85,000 to the Mortgage and Finance...
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Pepper Money earmarks $250,000 for bushfire relief
by reporter • 15 Jan 2020
The non-bank lender has committed to invest a quarter of a million dollars in bushfire relief over the next two years,...
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SME lender announces policy changes
by Hannah Dowling • 15 Jan 2020
Spotcap has announced it has made changes to its term periods for unsecured business loans, now offering loan terms up...
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Macquarie closes in on competitors in mortgage market
by Charbel Kadib • 14 Jan 2020
The non-major has continued to outperform its nearest competitors in the home loan space, gaining ground on ING,...
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Bank increases LVR for rate tracker mortgage
by Annie Kane • 14 Jan 2020
Auswide Bank has lifted its maximum loan-to-value ratio on its RBA Rate Tracker Home Loan, bringing it to 90 per cent,...
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Wisr sees 36% increase in loan originations
by Hannah Dowling • 14 Jan 2020
The neo-lender has reported a 36 per cent increase in loan originations in Q2FY20 when compared to the previous...
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Major brokerages donate $100,000 each to industry appeal
by Annie Kane • 13 Jan 2020
Aussie, Loan Market and Mortgage Choice have each donated $100,000 to the industry’s ongoing bushfire appeal and...
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Deposit bond provider updates policies
by Hannah Dowling • 13 Jan 2020
Deposit Assure has announced updates to its product offerings in a bid to help brokers save time.
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MyState CEO to step down
by Annie Kane • 10 Jan 2020
The managing director and chief executive officer of MyState Ltd has tendered his resignation and is set to leave the...
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La Trobe Financial donates $1m to bushfire efforts
by Hannah Dowling • 10 Jan 2020
The non-bank is the latest lender to announce a donation made in aid of those affected by the ongoing bushfire crisis...
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Bushfires may escalate chance of rate cut, say economists
by reporter • 10 Jan 2020
The ongoing bushfire crisis and its effect on the economy mean a February rate cut looks increasingly likely, according...
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Newcastle Permanent confirms it is accepting OO IO loans
by Annie Kane • 10 Jan 2020
The building society has clarified that it is still accepting applications for owner-occupied interest-only loans,...
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Court orders CML shareholders to vote on COG merger
by Annie Kane • 9 Jan 2020
Shareholders of non-bank lender CML Group – the parent company of Cashflow Finance – are to vote on its proposed...
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Liberty contributes to bushfire relief
by Hannah Dowling • 9 Jan 2020
The non-bank has pledged a total of $350,000 to services providing emergency aid and support for victims of the ongoing...
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