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Why did the major banks enter the broker channel?
23 May 2024

Aussie Home Loans was the spark that encouraged the banks to set up their broking channels, Gerald Foley, managing director of nMB has revealed.

CBA to accept Coposit-secured deposits as pre-sales
23 May 2024

To fast-track home ownership, the major bank's business banking arm will accept presales with Coposit-secured deposits.

Does CBA’s direct play spell the end of retail lending?
22 May 2024

With the major bank set to launch a digital-only home loan, speculation is mounting that this could mark the beginning of the end of home lending through branches.

Client circumstances drive brokers to non-banks at record levels: Broker Pulse
22 May 2024

While the risk appetite of major banks shrank, more brokers have been using non-banks to help meet client circumstances, according to a new survey.

CBA launches direct-to-consumer refinance product
21 May 2024

The major bank is set to launch a new, more affordable refinance option, available exclusively to borrowers online.

Macquarie Bank goes digital
17 May 2024

The bank will remove its cash and cheque deposit services at its offices and is moving solely to digital banking.

Lenders wary of construction insolvencies: Brokerage
17 May 2024

The reputations of construction companies have impacted loan approvals, a new report from Stamford Capital has said.

ING offers cashback for energy-efficient homes
16 May 2024

Customers can receive up to $2,500 if their property meets minimum energy requirements under NatHERS, the non-major bank has said.

Westpac appoints non-exec director
15 May 2024

The major bank has announced the appointment of an independent non-executive director to its board.

Conquering the critical first year
14 May 2024

Mortgage Choice takes broker onboarding to a new level with Broker Success Program.