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non-banks

6 in 10 lenders want new data sources: Experian
29 October 2021
A new survey, including 54 Australian lender leaders, has found that 60 per cent wish to leverage new data to determine credit risk.
25 October 2021
Australian home loans at lowest affordability since 2016: Bluestone
The latest index by the non-bank has suggested that home loans are at their most unaffordable for the first time in five years. 
19 October 2021
Craig Thompson
The non-bank lender has announced that MA Financial Group’s former head of technology is the latest addition to its leadership team. 
18 July 2024
Almost 90 per cent of brokers indicated client circumstances as the “primary reason” for recommending non-bank lenders to their clients.
17 February 2022
Call for brokers to assess lenders in survey
Mortgage Business has launched its annual survey for brokers to assess the performance of Australia’s mortgage lenders, which will provide both brokers and lenders with insights.
8 July 2024
Non-bank lenders are cropping up consistently and providing an attractive niche in the loan market and studies show they’re on the rise.
5 March 2025
The Assistant Treasurer has announced that the Consumer Data Right (CDR) system will now include non-bank lending products.
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.
23 August 2022
Consultation opens for CDR expansion to non-banks
Treasury has opened a consultation for its draft instrument that extends the consumer data right to non-bank lenders.
27 October 2021
Expand comprehensive credit reporting, say lenders
The Australian Finance Industry Association has called for comprehensive credit reporting to be extended to smaller specialist lenders and fintechs, in order to boost competition.
19 October 2021
Fintech lender partners with Oracle
Nano Home Loans has collaborated with the technology solutions provider, which will reportedly allow borrowers to secure loan approval within minutes.
21 June 2016
Broker Daily
Australia’s non-bank lenders are in desperate need of alternative funding as securitisation markets fail to deliver, according to mortgage market analysts.
18 August 2021
Heritage Bank in merger talks
Heritage Bank is in merger talks with another customer-owned banking organisation, to build a combined entity with more than 700,000 members.
23 December 2021
Home loan affordability improving: Bluestone
National mortgage affordability improved in the October quarter, but still runs above average, according to non-bank lender Bluestone.
20 December 2021
Household Capital secures $300m investment
With Citi and IFM Investors jointly providing the capital, the reverse mortgage provider believes it can further meet increasing demand.