non-major banks

Lenders need to improve ease of use, brokers say

by reporter • 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 reporter • 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.

Non-majors drop rates, extend cashback offers

by • 15 Oct 2021

Two non-major banks have confirmed they’re decreasing interest rates as well as extending their refinancing... READ MORE

Turnarounds improve despite record loan volumes: AFG

by Malavika Santhebennur • 14 Oct 2021

The number of days from submission to formal approval dropped during the first three months of FY22 despite broker... READ MORE

BOQ reports strong broker uptick

by Annie Kane • 14 Oct 2021

The non-major banking group saw broker channel growth of $1.1 billion in the financial year 2021, driven by “new and... READ MORE

Teachers Mutual flags new bank’s broker launch

by Sarah Simpkins • 14 Oct 2021

The group’s newly launched digital bank, Hiver, is looking to roll out loan products to the broker channel in the... READ MORE

BOQ begins offering SME Recovery Loan Scheme

by Malavika Santhebennur • 8 Oct 2021

The non-major bank will partake in the expanded scheme to support those impacted by the COVID-19 crisis.

Turnaround times top broker concerns: MyState

by Malavika Santhebennur • 7 Oct 2021

Most brokers have rated lender turnaround times as their biggest current concern, while over 60 per cent cited concerns... READ MORE

Neobank now available to Finsure brokers

by • 7 Oct 2021

86 400 has confirmed that it has joined the lending panel of the Australian aggregation group.

Prospa chair to join HSBC board

by • 5 Oct 2021

The non-major bank has confirmed that the chair of business lender Prospa will join its board as a non-executive... READ MORE

MyState Bank welcomes new BDMs

by • 1 Oct 2021

The non-major bank has announced two inclusions to its BDM team, including a senior mortgage broker.

Judo Bank commits to SME Recovery Loan Scheme

by Annie Kane • 28 Sep 2021

The SME bank will be participating in the revamped SME Recovery Loan Scheme, which will launch on Friday (1... READ MORE

Suncorp introduces green cashback bonus

by Annie Kane • 24 Sep 2021

The non-major bank is offering up to $3,000 to mortgage customers with solar systems installed on their... READ MORE

Former Westpac head of third party to lead BOQ business bank

by Annie Kane • 22 Sep 2021

The non-major bank has announced the appointment of a former Westpac head of third party as its new group... READ MORE

Bank offers cash to green loan borrowers

by • 21 Sep 2021

The mutual lender has announced that its Green Home Loan offerings will now include a $2,000 cashback deal.

ING drops variable rates by up to 60 bps

by • 20 Sep 2021

The non-major bank has dropped the variable rates for its home loans by up to 0.60 per cent.

New floor-plan finance product released

by • 14 Sep 2021

An SME lender has launched a new floor-plan financing offering, providing up to $3 million for showroom assets.... READ MORE