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RateCity attacks rate hikes for COVID-19-hit borrowers

by Malavika Santhebennur • 21 Aug 2020
The financial comparison website has argued that home loan customers who have been affected financially by the... READ MORE

Wisr launches low interest rate secured vehicle loans

by Wisr • 20 Aug 2020
Wisr is ready to support brokers and their clients who are in the market for a new set of wheels. Wisr is adding a... READ MORE

FHBs helping ‘pick up the slack’ amid COVID drag

by Charbel Kadib • 19 Aug 2020
Assistant Treasurer and Minister for Housing Michael Sukkar has shared new figures from the second round of the First... READ MORE

COVID-19 sees 50% drop in SME loans requested: Lend

by Annie Kane • 19 Aug 2020
After reviewing the figures surrounding applications, loan amounts funded, and approvals of loans lodged by affiliate... READ MORE

Best in show: The non-major banks

by Annie Kane • 18 Aug 2020
Following on from last month’s review of how the big four banks have been faring in the eyes of brokers, in this... READ MORE

RBA backs move to axe stamp duty

by Charbel Kadib • 17 Aug 2020
On Friday (14 August), Philip Lowe, governor of the Reserve Bank of Australia, told the House of Representatives... READ MORE

SME Guarantee Scheme shortcomings lamented

by Annie Kane • 13 Aug 2020
In March, the federal government announced a Coronavirus SME Guarantee Scheme, which aims to “enhance lenders’... READ MORE

Liberty launches new SME products

by Malavika Santhebennur • 12 Aug 2020
Liberty Financial has introduced Liberty Mint, which can provide SMEs with secured business loans of up to $3... READ MORE

Bank ceases lending to high DTI borrowers

by Charbel Kadib • 11 Aug 2020
BOQ has informed brokers that effective immediately, it will cease lending to home loan applicants with a... READ MORE

REA Group braces for settlement slump

by Reporter • 10 Aug 2020
REA Group Ltd has published its results for the 2020 financial year (FY20), posting a net profit of $267 million,... READ MORE

Home buyer appetite remains strong

by Malavika Santhebennur • 28 Jul 2020
CoreLogic compared the results across Australia’s two largest auction markets to illustrate the impact of... READ MORE

NSW abolishes stamp duty for FHB homes under $800k

by Annie Kane • 27 Jul 2020
Premier Gladys Berejiklian announced on Monday (27 July) that the state government will temporarily axe stamp duty... READ MORE

Government extends Coronavirus SME Guarantee Scheme

by Annie Kane • 20 Jul 2020
In March of this year, the federal government announced that it would guarantee 50 per cent of new unsecured loans to... READ MORE

Mortgage industry among top bushfire appeal donors

by Annie Kane • 16 Jul 2020
In January of this year, several leading brokers launched a mortgage broker-backed fundraising campaign via the Red... READ MORE

FHBs more likely to buy in the regions

by Annie Kane • 16 Jul 2020
According to the sixth edition of ME Bank’s Quarterly Property Sentiment Report – conducted in June 2020 to... READ MORE
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