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Economy

Scottish Pacific completes ASX listing

Six months after snapping up its biggest competitor, SME lender Scottish Pacific has successfully listed on the ASX.

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Rubik expands international footprint

Australian fintech provider Rubik Financial has announced it has signed an agreement with an overseas bank to implement its collections platform, CWX.

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Banks face independent remuneration probe

A former Australian public service commissioner has been appointed to conduct an independent review of how banks pay staff and mortgage brokers.

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Popular bank exec to lead CoreLogic’s Australian business

One of the mortgage industry’s most respected bankers will soon step down from her current role as an executive director of a non-major lender to run the Australian operations of property ...

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CBA partners with Xero in SME banking deal

Accounting software giant Xero has partnered with Australia’s biggest bank as the group looks to launch a series of impressive business banking features with major lender.

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Competition pushing demand for mortgage professionals

A new report by a global recruitment company has identified competitive drivers to be responsible for pushing employer demand for a wide range of mortgage professionals, both on the lending ...

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Government under pressure to appoint housing minister

The Turnbull government has been warned that a strong national focus on housing is critical to retaining Australia’s AAA credit rating, after claiming election victory on Sunday.

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Advantedge slashes rates by up to 60 basis points

Advantedge Financial Services has announced a range of rate cuts, dropping four of its home loans below 4 per cent.

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SA goes against foreign investor tax

South Australia has decided not to follow NSW, Queensland and Victoria in imposing surcharges on foreign property investors as part of its state budget.

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ME appoints new director

Industry super fund-owned bank ME has announced the appointment of a banking and finance lawyer to its board.

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