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Wisr facility upsizes again
5 March 2021
Wisr facility upsizes again

The personal lender has confirmed that its warehouse loan funding facility has been increased to $350 million.

MORTGAGE AND FINANCE LEADER: How the broking industry has evolved - and what's next for Aussie
4 March 2021
James Symond

Mortgage and Finance Leader gives you a unique insight into the mindset of the most influential figures in Australia's $2.7 trillion mortgage industry.

Financial Services Minister takes over CDR rule making
4 March 2021
Financial Services Minister takes over CDR rule making

Senator Jane Hume, Minister for Superannuation, Financial Services and the Digital Economy, has taken over from the ACCC as Consumer Data Right rule maker.

Westpac cuts SME guarantee scheme loan rates
4 March 2021
Westpac cuts SME guarantee scheme loan rates

The bank has reduced lending rates on some SME loans by up to almost 50 bps on new lending for products offered under the SME Guarantee Scheme.

Mutual bank welcomes new board directors
3 March 2021
Mutual bank welcomes new board directors

Teachers Mutual Bank Ltd has welcomed new directors to its board and bid farewell to John Kouimanos, who has retired from the board after 40 years.

Mortgage levels continue record-breaking streak
2 March 2021
Mortgage levels continue record-breaking streak

New loan commitments reached another record high in January, with new owner-occupier loans breaking the $22-billion mark for the first time.

ING rolls out new tagline
2 March 2021
ING rolls out new tagline

The non-major bank has launched its new tagline in Australia as it moves to reflect its commitment to helping customers do the things that matter most to them.

Treasury defends responsible lending repeal in Senate hearings
1 March 2021
Treasury defends responsible lending repeal in Senate hearings

The Treasury has outlined its position on why the repeal of responsible lending is necessary, in the final day of Senate hearings for its inquiry into the matter.

Prospa originations recovering from COVID
1 March 2021
Prospa originations recovering from COVID

The SME lender’s loan origination volumes continue to recover from its COVID trough, but originations in 1H21 were still down 41.1 per cent on the pcp.

Responsible lending debate heats up in Parliament
26 February 2021
Responsible lending debate heats up in Parliament

Politicians have traded blows while debating the repeal of responsible lending laws in the lower house, ahead of today’s Senate hearings.