Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo

non-major banks

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
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

How mutuals are steaming ahead
by Annie Kane • 3 Aug 2021
As customer needs and expectations continue to evolve, we wanted to find out how the customer-owned banks were... READ MORE
Bank announces new head of home lending distribution

Bank announces new head of home lending distribution
by Annie Kane • 28 Jul 2021
MyState Bank has hired the CEO of RateOne and former NAB head of broker Vic/Tas as its new head of home lending... READ MORE
Banks accused of bias against BNPL in lending process

Banks accused of bias against BNPL in lending process
by Sarah Simpkins • 28 Jul 2021
An executive from buy now, pay later provider Zip has echoed reports from brokers around how banks treat home loan... READ MORE
BOQ reshuffles board following ME Bank acquisition

BOQ reshuffles board following ME Bank acquisition
by Annie Kane • 23 Jul 2021

Following the completion of its acquisition of ME Bank, BOQ Group has announced changes to its board.

READ MORE
Unmet demand for SME credit tipped at $120bn

Unmet demand for SME credit tipped at $120bn
by Sarah Simpkins • 22 Jul 2021
Judo Bank’s chief has told a parliamentary committee that the banking sector is in desperate need of a boost in... READ MORE
Heritage Bank urges ramp-up of vaccinations

Heritage Bank urges ramp-up of vaccinations
by Sarah Simpkins • 22 Jul 2021
Heritage Bank’s chief has called for the government to accelerate COVID vaccinations and avoid any further economic... READ MORE

AMP dodges criminal charges in fees-for-no-service investigation
by Sarah Simpkins • 19 Jul 2021
ASIC has decided to end an investigation into alleged criminal conduct by an AMP financial advice business, relating to... READ MORE
APRA urged to consider business loans in banking review

APRA urged to consider business loans in banking review
by Sarah Simpkins • 16 Jul 2021
The small business ombudsman has argued that APRA needs to better support new entrants to the banking industry, in... READ MORE
Volt acquires non-bank lender

Volt acquires non-bank lender
by Annie Kane • 13 Jul 2021
Volt Bank has fully acquired non-bank fintech Australian Mortgage, as it moves to deliver a digital mortgage solution... READ MORE
MyState names marketing, comms manager

MyState names marketing, comms manager
by Sarah Simpkins • 9 Jul 2021

MyState Bank has appointed a new marketing manager to oversee broker communications.

READ MORE
Banks explain lagged turnarounds to Parliament

Banks explain lagging turnarounds to Parliament
by Sarah Simpkins • 8 Jul 2021
Big four and non-major banks have given their reasons for delayed turnarounds for the broker channel, which vary from... READ MORE
RBA delivers first rate decision for FY21-22

RBA delivers first rate decision for FY21-22
by Malavika Santhebennur • 6 Jul 2021
The RBA has announced its decision for the official cash rate for July, as well as changes to strategies around its... READ MORE
Bank CEOs quizzed on turnaround differentials

Bank CEOs quizzed on turnaround differentials
by Annie Kane • 2 Jul 2021
The standing committee on economics has sought clarity from several non-major bank CEOs as to why there is a huge... READ MORE
BOQ completes ME Bank acquisition

BOQ completes ME Bank acquisition
by Annie Kane • 1 Jul 2021
ME Bank has officially become part of the BOQ Group following completion of the $1.32-billion... READ MORE

Non-majors in the spotlight
by Annie Kane • 1 Jul 2021
As mortgage activity smashes record after record and broker market share continues to rise, the need for lenders to be... READ MORE
Solo home buyers ‘growing force’ in market: ME Bank

Solo home buyers ‘growing force’ in market: ME Bank
by Malavika Santhebennur • 30 Jun 2021
The proportion of solo borrowers and their average home loan size has jumped during the pandemic at ME Bank, it has... READ MORE
Suncorp enables e-signatures on post-approval loan docs

Suncorp enables e-signatures on post-approval loan docs
by Malavika Santhebennur • 24 Jun 2021
The non-major bank has said that it will accept e-signatures on post-approval add and equity loan documents, effective... READ MORE
Teachers Mutual targets brokers in digital bank launch

Teachers Mutual targets brokers in digital bank launch
by Sarah Simpkins • 21 Jun 2021
Hiver, a new digital bank to be launched under Teachers Mutual, is exploring a deal with an unnamed aggregator in the... READ MORE
Ex-broker head to lead MyState banking

Ex-broker head to lead MyState banking
by Sarah Simpkins • 18 Jun 2021
A former broker head has returned to MyState Bank to tackle turnaround times and the lending service proposition in... READ MORE
Teachers Mutual halves home loan products

Teachers Mutual halves home loan products
by Sarah Simpkins • 17 Jun 2021
Teachers Mutual has unveiled a new streamlined home loan portfolio, slashing its previous six offerings down to three... READ MORE
Finance veterans named in Queen’s Birthday Honours List

Finance veterans named in Queen’s Birthday Honours List
by Sarah Simpkins • 17 Jun 2021
An ING board member and housing and economics researcher are among a number of recipients who have been acknowledged in... READ MORE
34% of farmers eyeing raised business investment

34% of farmers eyeing raised business investment
by Sarah Simpkins • 16 Jun 2021
Roughly one-third of Australian farmers expect to increase their business investment over the year ahead, according to... READ MORE
Non-major lender updates broker website

Non-major lender updates broker website
by Reporter • 15 Jun 2021
A regional lender has updated its broker website with new features and simpler navigation in a bid to improve the... READ MORE
Non-majors and non-banks continue to dominate: Broker Pulse

Non-majors and non-banks continue to dominate: Broker Pulse
by Annie Kane • 11 Jun 2021
A greater proportion of brokers are sending their clients to non-majors and non-banks, with fewer using the big four,... READ MORE
Former mortgage brokerage convicted, fined

Former mortgage brokerage convicted, fined
by Sarah Simpkins • 8 Jun 2021
Former Melbourne brokerage Advanced Choice Finance has been convicted and fined for knowingly making a false statement... READ MORE
BNK Bank appoints non-executive director

BNK Bank appoints non-executive director
by Malavika Santhebennur • 8 Jun 2021
The non-major bank has appointed a banking, technology and telecommunications executive as a non-executive director,... READ MORE
Non-majors highlight turnaround success

Non-majors highlight turnaround success
by Annie Kane • 7 Jun 2021
Several non-major banks have revealed how they are working to keep turnaround times fast and reduce channel... READ MORE
theadviser logo

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

STAY CONNECTED

Become a free member to receive breaking news direct to your inbox each day.