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CBA chief joins Westpac to drive digital transformation
26 May 2025

The latest appointment will help drive digital transformation at the major.

ANZ, Westpac lead in commercial broker usage with quick turnarounds
26 May 2025

A recent study has shown the correlation between commercial finance turnaround times and broker usage.

Loan activity recovering, investor refinancing reaches record high
26 May 2025

Steady growth is continuing for loan activity across Australia following the lows of the 2022–23 RBA rate hike cycle.

Breaking into the commercial property market: Insider advice from an expert
26 May 2025

One property expert has revealed some tips to help beginners enter the commercial property market.

How lenders can grow their loan books as interest rates drop
26 May 2025

This week saw another cash rate cut of 25 bps, which many lenders had already anticipated amid the heightened competitive landscape, leading them to start cutting interest rates last week in ...

Business lending at a crossroads: Can SMEs overcome mounting challenges?
23 May 2025

Recent data has highlighted compounding issues impacting the SME sector. Despite the recent interest rate cut, the future of business lending is uncertain.

The lenders that have and haven’t passed along rate cuts
23 May 2025

Immediately following the RBA’s cash rate cut, lenders began implementing interest rate reductions. Some have yet to budge, however.

Fuel !NC co-founder announced as speaker for the Broker Innovation Summit 2025 
23 May 2025

Todd Duncan, co-founder of Fuel !NC, will discuss high trust selling in a high-tech world at this year’s Broker Innovation Summit.

Global risk assessment welcomed for private credit sector
23 May 2025

A private lender has supported global efforts to assess private credit risk, as demand grows among investors seeking alternatives to volatile markets.

Industry reacts to interest rate cuts
22 May 2025

Following the Reserve Bank’s decision to reduce the cash rate by 25 bps, industry heads have weighed in to offer some perspective.

CBA speeds up small business asset finance process
22 May 2025

CBA has introduced digital tools and fast-track approvals to help small businesses access equipment and vehicle finance more quickly.

Westpac set to slash 1,500 jobs: Union calls for the move to be ‘immediately shelved’
22 May 2025

Major bank Westpac is set to cut more than 1,500 employees in an attempt to hit lofty cost reduction targets, spurring outrage from the finance union.

Resimac admits it ‘could have been better’ following ASIC penalty
21 May 2025

The non-bank lender has faced scrutiny from the commission for an alleged failure to assist customers facing financial hardship. Resimac has since responded.

Borrowers ‘in a pretty good position’, says RBA
21 May 2025

At its press conference following the cash rate call, the RBA has said households are in a good position and financial stability is looking positive.

CBA job cuts climb to nearly 800 in past 12 months amid ‘swollen’ profits
21 May 2025

The Commonwealth Bank of Australia (CBA) has moved to cut another 163 jobs across their customer services roles, bringing their total workforce reductions to nearly 800 over the past year.