Rebecca Pike| Australian Broker| 25 October 2018 https://www.brokernews.com.au/news/breaking-news/fintech-lender-joins-broker-panel-256558.aspx A broking group has announced a new lender to its panel offering unsecured personal loans with personalised interest rates. MoneyPlace explained to Australian Broker recently how sharing data through comprehensive credit reporting (CCR) has allowed them to reward good borrowers with great rates. Through a new partnership […]
[...]Rebecca Pike| Australian Broker| 25 October 2018 https://www.brokernews.com.au/news/breaking-news/brokers-60-share-of-lenders-loans-256559.aspx Brokers made up 60% of new lending at state government-backed HomeStart over the last financial year. As an ‘integral and growing contributor’, the broker channel increased from 54% of loans settled last year, with 988 new loans worth $302million this year. Overall, the non-bank helped 1779 people […]
[...]Rebecca Pike| Australian Broker| 26 October 2018 https://www.brokernews.com.au/news/breaking-news/first-home-buyers-at-highest-level-in-8-years-256609.aspx Lending to first home buyers has grown by 74% in Sydney in the last year, according to a report released this week. QBE’s Australian Housing Outlook 2018-2021 also looks at property price prediction and expects house prices to grow over the next three years, apart from in […]
[...]Rebecca Pike| Australian Broker| 27 October 2018 https://www.brokernews.com.au/news/breaking-news/digital-bank-founder-talks-brokers-256652.aspx A fintech founder with a passion to change the way banking is done, has explained why he will not be disregarding the broker channel in the future. Speaking to Australian Broker at Salesforce’s Financial Services Basecamp in Sydney last week, the co-founder and CEO of volt, Steve […]
[...]Any property buyer can tell you that the lending world has changed. But, changed lending criteria driven by the Australian Prudential Regulation Authority (APRA) is superficial compared to what is about to happen due to technological changes. Fintech has the potential to radically transform the world of property and finance – yet it also implies […]
[...]James Eyers| Australian Financial Review| 28 September 2018 https://www.afr.com/business/banking-and-finance/financial-services/banking-royal-commission-interim-report-business-lending-in-the-clear-20180928-h15zcu Business lending is highly unlikely to face calls for tougher regulation in the final report of the royal commission, after Commissioner Kenneth Hayne suggested the hearings did not identify any need for consumer law protections to be extended to cover small business loans. “The evidence and […]
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