Prospa builds NZ team; turmoil for ANZ

No rate changes today, but an interesting update on a new market entrant. Online SME lender Prospa, run in NZ by Adrienne Church, has hired two new BDMs to build relationships across the country. The firm has promised significant funds for the NZ market. [READ ON].

And if you missed it, catch up on the big news from yesterday: ANZ's David Hisco has parted ways with the bank following a review into his expenses. Find out why his departure comes at such a bad time for the lender: [READ ON].