Powered by MOMENTUM MEDIA
Mortgage business logo

Lender

DAIDEC welcomes new senior BDM

The Australian fintech has announced the addition of a new senior BDM role devoted to the strategic direction of business development.

Denham Martil
Loan deferrals spiked in August amid lockdown

New figures have shown that COVID-19-related loan deferrals more than doubled between July and August, with the highest proportion in NSW.

Loan deferrals spiked in August amid lockdown
Mastercard extends BNPL offering to lenders

The US payments giant has rolled out infrastructure allowing banks and lenders to offer buy now, pay later products across its network.

Mastercard extends BNPL offering to lenders
Lender economists ‘surprised’ by lending changes rumours

Economists from NAB and Bluestone Home Loans have voiced surprise at the growing indications that lending curbs may soon be brought in.

Lender economists ‘surprised’ by lending changes rumours
BOQ looks to reverse ME lending fall

Bank of Queensland has outlined its growth strategy for ME Bank’s home lending after its book was squeezed in the 2021 financial year.

BOQ looks to reverse ME lending fall
Should lending be limited to 6x income?

OPINION: Debt-to-income ratio limits: do they help, or hinder? With the average property in Australian capital cities now over $700,000, limiting “high” DTI loans could put home ownership ...

Should lending be limited to 6x income?
Align with net zero or spike lending costs: Treasurer

Treasurer Josh Frydenberg has backed the net-zero emissions by 2050 target, warning failure to comply will hurt banks’ access to capital and raise borrowing costs.

Align with net zero or spike lending costs: Treasurer
Former Barclays head appointed Westpac NZ CEO

The major bank has named the former head of channels at Barclays Group as the new chief executive of its New Zealand division.

Former Barclays head appointed Westpac NZ CEO
OnDeck secures $30m via ABSF

The Australian Office of Financial Management will allocate $30 million to the small-business lender under the government’s securitisation fund.

OnDeck secures $30m via ABSF
Westpac agrees to terminate Pacific sale

The proposed acquisition of Westpac PNG and Westpac Fiji by Kina will no longer proceed, it has been confirmed.

Westpac agrees to terminate Pacific sale
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph