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Beyond Bank eyes expanded broker reach with merger
by Sarah Simpkins • 5 Nov 2021
Beyond Bank has outlined a broker growth strategy in regional Victoria and South Australia, which could unfold under...
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Hot Property: The biggest property headlines from the week 1-5...
by Reporter • 5 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 5...
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Plenti flags broker roll-out for legal fees loan
by Sarah Simpkins • 4 Nov 2021
The lender is set to pilot a specialised legal loan product among aggregators in the coming months.
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Judo debuts on ASX
by Sarah Simpkins • 3 Nov 2021
Judo Bank has commenced trading on the ASX, reportedly becoming the first bank to list in 25 years.
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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...
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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.
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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.
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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...
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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...
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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...
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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...
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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...
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How our future generation of mortgage brokers can contribute to the...
by Annie Kane • 1 Nov 2021
We need to see more businesses, start-ups and entrepreneurs embedding purpose in their business, writes Nancy Youssef.
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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...
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‘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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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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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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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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Viruses and valuations: How has the COVID-19 pandemic affected the...
by Jeff Zulman • 25 Oct 2021
Look at the trials and tribulations faced by the mortgage broking industry over the last decade. Should we be surprised...
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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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