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NAB to buy Citi for $1.2bn
by Annie Kane • 9 Aug 2021
The major bank has entered into an agreement to buy Citigroup’s Australian consumer business for approximately $1.2... READ MORE
Adelaide Bank’s former head of broker joins NAB

Adelaide Bank’s former head of broker joins NAB
by Annie Kane • 9 Aug 2021
NAB has welcomed the former head of broker distribution at Adelaide Bank to its home ownership team to help drive... READ MORE
Non-bank lender CEO to step down

Non-bank lender CEO to step down
by Annie Kane • 9 Aug 2021
The CEO of HomeStart has announced that he will step down from the role at the end of this year, following 12 years... READ MORE
AFG expands mental health service to brokers

AFG expands mental health service to brokers
by Malavika Santhebennur • 9 Aug 2021
The aggregator has expanded its mental health support program to all AFG brokers across Australia. READ MORE
Plenti prices inaugural ABS transaction

Plenti prices inaugural ABS transaction
by Malavika Santhebennur • 9 Aug 2021
The fintech lender has priced its first asset-backed securities transaction for over $300 million. READ MORE
New grants and support for Victorian SMEs

New grants and support for Victorian SMEs
by Annie Kane • 6 Aug 2021
Victorian SMEs impacted by the state’s sixth lockdown will be supported by a new $400 million package jointly funded... READ MORE
Broking, aggregator group launches rebrand

Broking, aggregation group launches rebrand
by Sarah Simpkins • 6 Aug 2021
Vision has restructured, splitting its two businesses into separate arms and relaunching its aggregation offering to... READ MORE
Consumer credit demand hits double-digit growth: Equifax

Consumer credit demand hits double-digit growth: Equifax
by Sarah Simpkins • 6 Aug 2021
Consumer credit demand has moved out of negative territory for the first time in three years, according to a new... READ MORE
Hot Property: The biggest property headlines from the week 2 to 6 August

Hot Property: The biggest property headlines from the week 2 to 6...
by Reporter • 6 Aug 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 6... READ MORE
NAB launches Islamic SME financing

NAB launches Islamic SME financing
by Annie Kane • 5 Aug 2021
The major bank has launched a specialised financing product for Islamic business customers. READ MORE
Association working to ‘fix’ reference checking laws

Association working to ‘fix’ reference checking laws
by Annie Kane • 5 Aug 2021
The MFAA has been working with Treasury to “fix” reference checking legislation and make other incoming regimes... READ MORE
Money management app flags broker push

Money management app flags broker push
by Sarah Simpkins • 5 Aug 2021
Clever, a new money management platform, has launched to market, with a broker matching extension set to launch in... READ MORE
Bank increases maximum loan amounts

Bank increases maximum loan amounts
by reporter • 5 Aug 2021
A non-major bank has raised its maximum loan amounts by up to $900,000 for mortgage borrowers. READ MORE

Westpac wraps up asset finance business sale
by Malavika Santhebennur • 5 Aug 2021
The major bank has completed the sale of its asset finance subsidiary, which managed around $500 million in customer... READ MORE
Bank CEO pledges to maintain broker offering following merger

Bank CEO pledges to maintain broker offering following merger
by Annie Kane • 4 Aug 2021
The CEO of Newcastle Permanent has said the lender will continue to operate in the broker channel should its merger... READ MORE
Bcu launches $5k cashback offer

bcu launches $5k cashback offer
by Malavika Santhebennur • 4 Aug 2021
The customer-owned bank has released a cashback offer for new and existing customers who take out an eligible new home... READ MORE
RBA make cash rate call as lockdown drags on

RBA makes cash rate call as lockdown drags on
by Malavika Santhebennur • 3 Aug 2021
The central bank has delivered its rate decision for August as the ongoing lockdowns quell speculation about imminent... READ MORE
AMP hires intermediary head

AMP hires intermediary head
by Sarah Simpkins • 3 Aug 2021
AMP Bank has recruited from MyState for its new head of intermediary distribution and governance, with the... READ MORE
Brokerage officially launches white label loan

Brokerage officially launches white label loan
by Annie Kane • 3 Aug 2021
North Sydney-based brokerage Shore Financial has officially launched its white label mortgage, Shore Private, powered... READ MORE

More clients look to lock fixed rates than 2020
by Malavika Santhebennur • 3 Aug 2021
More borrowers are eager to lock in fixed interest rates than this time last year amid record-low interest rates,... READ MORE

MKM launches digital loan application tools
by Sarah Simpkins • 3 Aug 2021
Non-bank lender MKM has teamed with technology provider NextGen.Net to revamp its electronic lodgement and loan... READ MORE

House price growth at 17-year high: CoreLogic
by Malavika Santhebennur • 3 Aug 2021
Home values grew by 16.1 per cent in the past year, the fastest pace of growth since 2004, but growth has slowed,... READ MORE
GetCapital launches broker platform

GetCapital launches broker platform
by Sarah Simpkins • 2 Aug 2021
The business lender has rolled out a new broker platform, as it has boosted investment in its technology division. READ MORE
Loyalty tax issue flagged to MPs

Loyalty tax issue flagged to MPs
by Malavika Santhebennur • 2 Aug 2021
Brokers are key to holding lenders to account to ensure borrowers are on a competitive rate and avoid being “loyalty... READ MORE
Connective launches trail book marketplace

Connective launches trail book marketplace
by Annie Kane • 2 Aug 2021
The aggregation group has announced a new arrangement with a specialist trail book firm to facilitate the purchase and... READ MORE