Breaking

Updated Banking Code of Practice adds further protections for consumers
5 March 2025

In a bid to better protect customers, the Australian Banking Association (ABA) has announced an updated Code of Practice. Small businesses, guarantors, and vulnerable customers were key in ...

Vehicle loan originations surge for fintech lender
5 March 2025

Wisr has announced strong performance in its secured vehicle loan product in its latest half-year results.

Broker Daily’s first roundtable a huge success
5 March 2025

The inaugural event got a handful of brokers in the room to chat through what’s happening in the world of commercial and asset finance lending. The first event for the refreshed brand was a ...

Non-banks providing quickest turnaround times for commercial lending
4 March 2025

A recent survey has found that non-bank lenders have drastically cut down turnaround times for commercial mortgages.

Pepper Money's originations hold strong despite economic pressures
4 March 2025

Cost-of-living challenges, slowing demand, and softer market conditions have dampened Pepper Money’s asset finance division; however, mortgage originations remained strong.

Increase in pre-approval applications signals growing borrower optimism
4 March 2025

Pre-approvals have surged in February, signalling growing confidence in the lending market as borrowers prepare for property purchases.

New lender joins Mortgage Choice panel
4 March 2025

Brokers under the aggregator will now have access to another non-bank lender as Mortgage Choice expands its offerings.

Resimac eyes auto finance expansion following acquisition
3 March 2025

The lender has announced the purchase of loan books to facilitate growth.

RedZed appoints new GM of sales and partnerships
3 March 2025

RedZed has announced the appointment of Nathan Taddeo as general manager of sales and strategic partnerships.

Westpac dominating asset finance
3 March 2025

The major has proved to be a strong force in the asset finance space with strong loan numbers, turnaround times, and broker satisfaction.

Demand for agribusiness drops alongside crop production
3 March 2025

Recent data has highlighted some tougher times for farmers, resulting in a decrease in the number of agribusiness loans.

Home values bounce back
3 March 2025

February saw a slight rise in housing values, driven by stronger sentiment and regional growth.

Aussie banks see steady loan growth in January
3 March 2025

APRA’s latest ADI statistics have shown steady loan growth in January.

Aggregator partners with digital platform to support commercial brokers
3 March 2025

A partnership between a specialist aggregator and a digital platform for brokers aims to bolster commercial and asset finance capabilities.

Financial services firms are in the firing line: Is your business ready?
3 March 2025

Financial services firms are a prime focus for regulators cracking down on financial crime and with sweeping new anti-money laundering (AML) laws coming into effect by July 2026, the stakes ...