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NSW, Vic get lion’s share of SME scheme: CBA
by Malavika Santhebennur • 13 Oct 2020
New figures from the Commonwealth Bank of Australia (CBA) revealed that 38 per cent of the funding it provided was... READ MORE
FHLDS New Home Guarantee details released
by Annie Kane • 12 Oct 2020
Last week, the federal government handed down the 2020-21 budget, outlining a swathe of tax cuts, concessions and... READ MORE
Former BDM banned for falsifying loan documents
by Malavika Santhebennur • 12 Oct 2020
An investigation by the Australian Securities and Investments Commission (ASIC) has found that Todd Erwin Butler... READ MORE
Call for states to harmonise e-signing laws
by Annie Kane • 9 Oct 2020
In May of this year, Treasurer Josh Frydenberg announced that the federal government would temporarily update the... READ MORE
Lenders applaud FHLDS expansion
by Annie Kane • 8 Oct 2020
The federal government handed down the 2020-21 budget on Tuesday (6 October), outlining a swathe of tax cuts,... READ MORE
Broker report on lenders expands
by reporter • 6 Oct 2020
The Broker Pulse survey was first launched last year by the research arm of Momentum Media, Momentum Intelligence, to... READ MORE
Plenti quarterly loan originations exceed $100m
by Malavika Santhebennur • 5 Oct 2020
Plenti, which recently began trading on the ASX, has provided a trading update for the quarter ending 30... READ MORE
ASIC takes short-term lenders to court
by Malavika Santhebennur • 1 Oct 2020
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Federal Court of... READ MORE
SME recovery hampered by lags in lending
by Cameron Poolman • 30 Sep 2020
Figures from Momentum Intelligence confirm separate research by OnDeck Australia, showing the nation’s small... READ MORE
Citi predicts broking industry to thrive
by Annie Kane • 30 Sep 2020
According to the head of Australian banks research for Citi Research, Brendan Sproules, the Australian mortgage... READ MORE
Capify reopens book after closing equity round
by Annie Kane • 30 Sep 2020
Earlier this year, SME lending platform Capify was one of many SME lenders that pulled back from writing new loans... READ MORE
CBA, ING slash variable rates ahead of touted RBA move
by Reporter • 29 Sep 2020
The Commonwealth Bank of Australia (CBA) and ING have announced variable home loan rate reductions of up to 15 bps.... READ MORE
Non-major lender cuts LMI to $0 in new offer
by Malavika Santhebennur • 28 Sep 2020
Virgin Money has announced that it has reduced the cost of lender’s mortgage insurance (LMI) for eligible... READ MORE
Plenti lists on the ASX
by Reporter • 25 Sep 2020
Plenti, formerly RateSetter, has officially listed on the Australian Stock Exchange (ASX) after completing an initial... READ MORE
Connective adds digital mortgage lender to panel
by Malavika Santhebennur • 24 Sep 2020
Connective has signed a strategic partnership with digital lender 86 400, making the neobank’s digital mortgage... READ MORE
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