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HSBC has entered into a binding agreement to sell its $36 billion home and personal loan portfolio to US alternative asset manager Blackstone.

A new non-bank lender is set to enter the retirement lending market, led by Volt Bank co-founder Luke Bunbury, with plans to launch a new home equity product later this year.

National Australia Bank’s business and private banking division recorded its strongest June month since FY2021–22 despite a slowdown in home loan applications.

Major product launches and policy changes have come to market this week. Here’s a round-up of the key changes brokers should be aware of.

The non-major has become the first bank to offer a 40-year loan for investors that offers up to 10 years interest-only.

Loan book valuer and lender TrailBlazer Finance has boosted the maximum funding available through its loan book-backed lending product for brokers.

The Commercial & Asset Finance Brokers Association has called for the instant asset write-off threshold to be increased, arguing that the proposed $20,000 cap is insufficient to drive ...

A broker’s ability to provide the right advice depends on having a clear picture of a client’s position. But building that picture is not always straightforward.

Pepper Money has broadened its lending appetite through increased maximum LVRs and loan size limits in a policy adjustment designed to help brokers place more complex deals.

Regulatory change and shifting borrower needs are creating new opportunities for brokers, with Bluestone Home Loans pointing to commercial lending, SMSF and ATO debt consolidation as key ...

Brokers have been told open banking’s biggest opportunity isn’t faster processing, but stronger client relationships built on better advice.

Around half of Bank Australia’s 2,200 Help to Buy applications have come through the broker channel, the bank has revealed.

Wave Money has expanded its commercial lending offering with the launch of a new small-ticket commercial product aimed at business owners and commercial property investors.

La Trobe Financial has introduced a streamlined SMSF refinance pathway that removes the need for a traditional serviceability assessment for eligible borrowers.

The mutual banking group has joined the federal government’s shared equity home buying scheme, with its four brands now available to eligible borrowers.