The chairman of the financial services regulator has resigned from his position, effective immediately.

The number of businesses reporting that they were deferring loan repayments dropped substantially in October, with medium businesses most likely to have deferred loans, new ABS data shows.

The two non-major banks have announced that they are reducing interest rates on a range of new-to-bank investor loan applications.

The asset finance business is banking on the broker channel to achieve its growth ambitions as it resets its focus following its purchase of former Westpac subsidiary Vendor Finance.

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 23 October.

An online financing platform co-founded by Victoria-based broker Marshall Condon has secured funding for a major property development project in Melbourne.

The financial institution has been sentenced in Sydney’s Downing Centre Local Court on charges brought by ASIC relating to client money offences.

The not-for-profit company that develops data message transaction standards for the Australian mortgage processing industry has appointed aggregator head Mark Haron to its board.

Newly formed fintech Effi has established a mortgage broker technology council, while also appointing two new executives, including a broker relationship manager.

Aussie Liverpool franchisee Evelyn Burton speaks about how she has prepared for the best interests duty and how she navigates the conversation around her pay structure with her clients.