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Non-bank lender Bizcap has doubled its Fast Business Loan limit to $1 million, increasing the funding available to eligible Australian SMEs without property security.

Aggregator Finsure has launched an AI vetting tool to strengthen compliance and flag risks before broker accreditation, declining 13 prospective brokers in its first six weeks of operation

Quickli users have been without access to Commonwealth Bank of Australia’s loan calculators on the platform for more than three months, as the major bank and fintech continue to work through ...

Australian Finance Group has expanded its commercial lending panel with a new specialist appointment, giving brokers another option for funding property developments in Western Australia.

A fifth rate hike is looming after the RBA has warned inflation was far worse than expected, raising the prospect of a 17-year cash rate high and throwing the property market into a new ...

Australia’s “highly connected” digital broker ecosystem puts the industry in pole position for technological development but lags behind overseas markets in the adoption of key innovations, ...

The mutual now behind Greater Bank and Newcastle Permanent has completed a migration of its core banking ecosystem to the cloud, decommissioning around 30 per cent of its technology estate

Loan Market Group has plugged its asset finance CRM into artificial intelligence, opening the door for brokers to work through conversational prompts rather than manual data entry.

Suncorp Bank borrowers could face higher minimum mortgage repayments and lose access to multiple offset accounts as the lender’s migration to Australia and New Zealand Banking Group reshapes ...

Non-bank lender Firstmac is stepping beyond its prime-lending roots with the launch of a new alt-doc lending proposition for self-employed borrowers.

More than one in four Australians have avoided applying for a financial product because they feared damaging their credit score, prompting calls for reforms to modernise the country’s ...

From bridging loans to alt-doc launches, there’s been a range of significant launches and adjustments from lenders in the market this week. Here’s what you need to know.

Australia’s mortgage broking industry could learn from overseas approaches to remuneration, professional standards and customer relationships, with a new report from the MFAA identifying key ...

Bank Australia has launched a new personal loan to help customers finance home electrification and energy-efficiency upgrades, including rooftop solar, household batteries and replacing gas ...

Almost half of Australian small businesses plan to raise prices following the introduction of the card surcharge ban, with two-thirds expecting the changes to increase their operating costs, ...