Brokers take back share 24 September 2021 5:29AM The mortgage broking sector has picked up market share this year after a dip in 2020, according to a Mortgage & Finance Association of Australia report on the industry. read more
Prospa buys broking business 23 September 2021 6:10AM Small business lender Prospa has moved to diversify its business by acquiring commercial finance broker Loanezi. read more
BNK reports ‘several unsolicited approaches’ 22 September 2021 6:57AM Is the Finsure mortgage aggregation business of BNK up for auction? Or is the low-profit ADI core of the bank being flogged to a fintech, maybe even deemed surplus to requirements. read more
Global bank hybrid fund launched 21 September 2021 5:50AM Fund manager Daintree Capital will this week launch a prospectus for an ASX-listed global bank hybrid fund. read more
DDO claims its first victim 20 September 2021 6:00AM The start of the Design and Distribution Obligation is still two weeks away but the new regulatory regime has already claimed its first victim. read more
Clean Energy Regulator wants BNPL solar financing monitored 17 September 2021 6:16AM The Clean Energy Regulator has recommended that buy now pay later finance arrangements used in the purchase of small-scale rooftop solar systems be monitored by regulators, with the aim of making the.. read more
ANZ tackles affordable housing 17 September 2021 6:14AM ANZ has elevated housing affordability to a priority issue on its ESG agenda, alongside environmental sustainability and financial wellbeing. read more
ABSF makes two investments 16 September 2021 6:03AM The Australian Business Securitisation Fund has made two new investments, allocating funds to small business lenders GetCapital and OnDeck. read more
Pepper’s RMBS program running hot 16 September 2021 6:02AM Pepper Money has completed its fourth public securitisation for the year, raising A$850 million with the latest deal and $3.2 billion so far in 2021. Margins have tightened through the year. read more
Mortgage approval times slow 14 September 2021 6:16AM Pricing and time to approval are the critical considerations for mortgage brokers and their customers when it comes to choosing a lender, according to a broker survey. read more