Lender

The recent changes to CBA’s HECS-HELP debt serviceability are for a niche type of borrower. However, the benefits have proven substantial.

Historically, brokers scaled by hiring more staff, but AI and automation now allow smaller teams to handle higher volumes efficiently.

Customer-owned banks have topped consumer trust scores, outdoing all other types of lenders.

In this latest episode of Broker Daily’s Finance Specialist, host Jack Campbell and co-host Trent Carter are joined by Interim Finance BDM Isaiah Tait.

The non-major has announced the expansion of its digital origination platform with a pilot program to gather broker feedback.

Following the Reserve Bank’s long-awaited and highly anticipated cash rate drop, lenders have begun implementing interest rate cuts.

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 ...

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

The importance of customer service and the power it has to capture and retain clients was the topic of discussion in this week’s episode of Business Accelerator.

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