non-major banks

Non-majors reveal what 2023 has in store for the mortgage market

by Annie Kane • 3 Jan 2023

The winds of change have been blowing, but what will they bring in 2023? We asked the non-major banks for their...READ MORE

Non-majors in the major leagues

by Annie Kane • 12 Dec 2022

The non-major banks have been scoring goals over the past year with their speed, strong relationships, and broad... READ MORE

Non-majors follow suit with rate hikes

by Adrian Suljanovic • 7 Nov 2022

The non-major banks are passing on the Reserve Bank of Australia’s most recent rate hike in full.

Call for brokers to assess lenders in survey

by Malavika Santhebennur • 17 Feb 2022

The Adviser has launched its annual survey for brokers to assess the performance of Australia’s mortgage lenders,... READ MORE

Lender turnarounds lengthening again

by Annie Kane • 19 Jan 2022

Brokers have reported that lenders are at their slowest time to reach an initial credit decision in seven... READ MORE

Judo reports 37.8% loan growth over 6 months

by • 12 Jan 2022

The ASX-listed bank has published its loan book figures for December, revealing a $230 million boost over the... READ MORE

MyState expands broker distribution team

by • 11 Jan 2022

The Tasmania-based lender has made additions across Queensland, NSW, the ACT and Northern Territory.

Heritage becomes major sponsor of The Mulberry Project

by Annie Kane • 4 Jan 2022

The non-major bank is funding the social enterprise that turns unused farmland into market garden crops grown by... READ MORE

Non-major banks continue to be broker darlings

by Annie Kane • 20 Dec 2021

Ninety-one per cent of brokers sent loans to non-major banks in November, as the major banks continue to fall in... READ MORE

New year, new owner for Finsure

by Sarah Simpkins • 15 Dec 2021

ASX-listed asset manager, corporate advisory and lender MA Financial is set to acquire Finsure for around $151.6... READ MORE

Neobank announces 1st aggregator partnership

by Annie Kane • 14 Dec 2021

Alex Bank has taken its first major steps into the broker channel after joining the lender panel of asset finance... READ MORE

Loan price war heating up: BOQ

by Sarah Simpkins • 8 Dec 2021

Despite growth across each of its lending businesses, Bank of Queensland has warned its net interest margin will be... READ MORE

Former RBA governor to chair Macquarie

by Annie Kane • 6 Dec 2021

With Peter Warne set to retire next year, it has now been announced that a former Reserve Bank of Australia governor... READ MORE

FAST brokers achieve new commercial lending record

by • 1 Dec 2021

Record volumes of commercial lending were written by FAST brokers in the September quarter, according to the... READ MORE

Bendigo Bank to launch home loans to brokers

by Sarah Simpkins • 29 Nov 2021

The bank has flagged that it will open up its home loans to the broker channel within the next two years, under a... READ MORE

Lenders need to improve ease of use, brokers say

by Annie Kane • 26 Nov 2021

While large ADIs showed improving turnarounds in October, ease of use emerged as a notable bottleneck throughout most... READ MORE

Large banks maintain fast turnarounds despite higher broker flows

by Annie Kane • 25 Nov 2021

Brokers are seeing turnarounds at the most commonly used banks continue to improve, despite third-party usage rates... READ MORE

Qld suburbs named ‘best places’ to invest: ME

by • 24 Nov 2021

The Sunshine State’s appeal to investors has been reaffirmed after the non-major bank’s study found Australia’s... READ MORE

UK regtech expands into Australia with Judo Bank

by • 23 Nov 2021

SMEs will be able to digitally share financial statements with Judo Bank under the bank’s partnership with UK regtech... READ MORE

91% of broker clients would recommend their broker

by Annie Kane • 18 Nov 2021

Broker clients overwhelmingly believe brokers act in their best interests and would recommend them to friends and... READ MORE

Suncorp business lending slips

by Sarah Simpkins • 11 Nov 2021

Business lending at the non-major bank dipped by $60 million in the September quarter, a 0.5 per cent decline from the... READ MORE

ING drops variable home loan rates

by • 11 Nov 2021

The non-major bank has become the latest lender to reduce its variable rates for investor and owner-occupier... READ MORE

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... READ MORE

Brokers to shape new AFG-Volt mortgage

by Annie Kane • 4 Nov 2021

The development of AFG’s new Sparc mortgage, funded by Volt, will be determined by broker feedback, the chief... READ MORE

AFG launches PFM app and new white-label loan

by Annie Kane • 3 Nov 2021

One of Australia’s largest mortgage aggregators has launched a personal finance app and a white-label home loan... READ MORE

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.

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

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

Non-major bank launches digital signatures

by Annie Kane • 21 Oct 2021

From today, customers of the non-major bank will be able to digitally review and sign home loan contracts and mortgage... READ MORE

Newcastle Permanent ups loan processing capacity

by • 19 Oct 2021

The mutual bank has upgraded its ApplyOnline package to help deliver a processing “fast lane” for brokers.