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Hot Property: The biggest property headlines from the week 15-19...

by Annie Kane • 19 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending...READ MORE

91% of broker clients would recommend their broker

by Annie Kane • 18 Nov 2021
Broker clients overwhelmingly believe brokers act in their best interests and would recommend them to friends and... READ MORE

Plenti chips away at turnarounds in quest to $5bn

by Sarah Simpkins • 18 Nov 2021
The ASX-listed lender has laid out its ambitions to hit a $5 billion loan book in the next four years, with brokers to... READ MORE

New draft regulatory guide released on consumer remediation

by Annie Kane • 17 Nov 2021
Credit licensees are being asked to respond to ASIC’s new regulatory guide on how they should conduct remediations... READ MORE

Banking group names interim CEO

by Annie Kane • 17 Nov 2021
A banking and mortgage broking group has announced the appointment of Allan Savins as its interim banking chief... READ MORE

Non-major banks increasingly popular: Broker Pulse

by Annie Kane • 17 Nov 2021
Ninety per cent of brokers sent loans to the non-majors in October, with a falling proportion using the big four,... READ MORE

Low confidence hinders diversification into SME finance

by Malavika Santhebennur • 17 Nov 2021
Residential mortgage brokers have the will and desire to diversify into SME lending but lack the time and confidence to... READ MORE

MFAA celebrates 14k membership milestone

by reporter • 17 Nov 2021
The association’s membership has surpassed the 14,000-member mark for the first time in its history, it has been... READ MORE

Resimac settled record $2.5bn in 1Q22

by • 17 Nov 2021
The non-bank lender settled a new record in the first three months of this financial year, up 72 per cent on the prior... READ MORE

Half of small businesses reporting decreased stock, reduced cash flow

by • 17 Nov 2021
Over 50 per cent of small businesses lack the stock to capitalise on Australia’s reopening, while 44 per cent are... READ MORE

Industry ‘disappointed’ with ANZ asset finance change

by Annie Kane • 16 Nov 2021
Asset finance groups have voiced disappointment at the major bank’s decision to only accept asset finance loans from... READ MORE

Brokers urged to help ease anxiety over rising rates

by Annie Kane • 16 Nov 2021
The FBAA is calling on brokers to help clients understand the impact of rate rises after finding that the majority of... READ MORE

Oak Capital confirms AFG panel inclusion

by • 16 Nov 2021

The non-banker lender has unveiled that it’s AFG’s latest commercial lending panel partner.

READ MORE

SMEs increasingly turning to trusted advisers

by • 16 Nov 2021
While nine in 10 SMEs now have a trusted adviser only 3.3 per cent stated a broker was their main business adviser,... READ MORE

Major bank to cease ‘one-off’ asset finance deals

by Annie Kane • 15 Nov 2021
From 1 December, the big four bank will only accept asset finance deals from existing customers and those with a bank... READ MORE

FBAA calls on brokers to heed COVID-19 directions

by Annie Kane • 15 Nov 2021
The broker association is encouraging brokers to familiarise themselves with COVID-19 regulations and government... READ MORE

SMEs unfairly penalised by large finance hurdles, warns Apricity

by Annie Kane • 15 Nov 2021
Small businesses are at risk of losing out on lucrative infrastructure jobs due to huge finance hurdles being set by... READ MORE

Funding confirms 2 new leadership appointments

by • 15 Nov 2021
The mortgage marketplace and lender has announced new additions to its senior management, including BOQ’s former head... READ MORE

AFCA extends pre-expulsion appeal deadline

by Annie Kane • 12 Nov 2021
Brokers will have an extra week to appeal their pre-expulsion notice or resolve their accounts before formal action is... READ MORE

Brokers face $1.3m rise in ASIC levies

by Sarah Simpkins • 12 Nov 2021
ASIC has estimated it will recover $8.1 million in costs through industry levies from the credit intermediary sector,... READ MORE

33% of brokers lack technology expertise: Connective research

by • 12 Nov 2021
A recent survey has concluded that one-third of brokers lack the confidence to utilise technology in their... READ MORE

Plenti launches electric vehicle products

by Annie Kane • 12 Nov 2021
Electric vehicle loans have been launched to Plenti’s broker partners ahead of an anticipated rush of consumer... READ MORE

1 in 3 SMEs require $46k

by • 12 Nov 2021
Roughly 37 per cent of small and medium-sized enterprises are requiring an average of $46,000 to ride Australia’s... READ MORE

Hot Property: The biggest property headlines from the week 8-12...

by Reporter • 12 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 12... READ MORE

Borrower priorities differ to what brokers think they are: Connective...

by • 11 Nov 2021
There is a “disconnect” between what borrowers say they want and what brokers think they want, according to new... READ MORE

NAB nods to brokers in business bank strategy

by Sarah Simpkins • 11 Nov 2021
Brokers are playing a growing role in business lending, NAB’s boss has said, as the bank has decided to target the... READ MORE

Suncorp business lending slips

by Sarah Simpkins • 11 Nov 2021
Business lending at the non-major bank dipped by $60 million in the September quarter, a 0.5 per cent decline from the... READ MORE

ING drops variable home loan rates

by • 11 Nov 2021
The non-major bank has become the latest lender to reduce its variable rates for investor and owner-occupier... READ MORE

Mentoring ‘critical’ to asset finance brokers: Finstead

by Sarah Simpkins • 10 Nov 2021
A brokerage director has said mentorship is key for brokers moving into asset finance, although it remains... READ MORE

Home-buying spending intentions fall: CBA

by reporter • 10 Nov 2021
While home-buying sentiment remains high, home-buying spending intentions are falling, according to a new report from... READ MORE
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