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Lenders respond to broker repricing concerns
Lenders have begun responding to broker concerns relating to clients with trust loans not being able to access lower rates.
LENDER • Mon, 05 Feb 2024
WA only state to record more investor loans in 2023
New lending figures from the ABS have revealed which states were the leaders in investor lending growth in 2023.
BORROWER • Sun, 04 Feb 2024
Lenders refusing to reprice some borrowers, brokers warn
Brokers have voiced alarm at the fact several lenders have refused to reprice some clients onto competitive rates, suggesting it’s a new blanket rule for some products
BORROWER • Thu, 01 Feb 2024
Happy Home Loan Handbook set to be published by broker
A leading Sydney broker is set to release a handbook to help borrowers navigate the loan process.
SALES & MARKETING • Tue, 30 Jan 2024
Credit demand from retail businesses nosedives
Loan applications from retail businesses plummeted by almost 50 per cent during the December quarter as the economic downturn bites, according to new data.
BORROWER • Tue, 30 Jan 2024
Two-thirds of SMEs used $150k asset write-off: ScotPac
Nearly two-thirds of small businesses took advantage of the $150,000 instant asset write-off threshold last year, according to new data.
BORROWER • Mon, 29 Jan 2024
Members of finance industry named in Australia Day Honours List
Several members of the banking and finance industry have been recognised in the Australia Day 2024 Honours List.
LENDER • Thu, 25 Jan 2024
Prospa acquires SME loan portfolio for $15.6m
The SME lender has entered into an agreement to acquire the loan portfolio of a shuttered SME lending business.
LENDER • Wed, 24 Jan 2024
Finsure takes court action against Revenue NSW
The major aggregator has launched action in the NSW Supreme Court against Revenue NSW regarding the application of payroll tax for some brokers.
AGGREGATOR • Fri, 19 Jan 2024