Cheapest isn’t always best: Brokers respond to ASIC review

As the housing market softens, lenders are piling into bridging finance, with Macquarie increasing its funding for non-bank lender Bridgit.

An independent review is seeking feedback on whether the Banking Code remains fit for purpose, including its provisions covering small business lending.

Bank of Queensland’s business lending book has continued to expand, but that growth has yet to translate into higher earnings.