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In case you missed it (week ending 28 October)

by • 28 Oct 2022
In case you missed it... ANZ announced a digital home loan “pilot”, the federal budget throws support to SMEs, NAB... READ MORE

What’s in the budget for small-business owners?

by Annie Kane • 27 Oct 2022
The Labor government’s first budget has earmarked more than $15 million to support Australian small businesses and... READ MORE

Prospa flags ‘opportunity’ for brokers to help SMEs

by Fabian Cotter • 27 Oct 2022
Record first-quarter revenue and originations results demonstrate that “high demand for funds continues,” Prospa... READ MORE

1Q23 loan originations up 41% annually: Wisr

by Fabian Cotter • 27 Oct 2022
Sydney-based lender Wisr has reported $186 million in new loan originations (pcp) and overall protected its net... READ MORE

Westpac Group to join Home Guarantees

by • 26 Oct 2022
Westpac has announced it will be able to help more home buyers into the market from mid-next year. READ MORE

Industry welcomes Labor’s budget 2022–23

by Annie Kane • 26 Oct 2022
Members of industry have welcomed the Australian Labor Party’s first budget, particularly applauding its focus on... READ MORE

MFAA sets out wishes for CSLR regime

by Fabian Cotter • 26 Oct 2022
Low incidences of CSLR claims mean broker levies should be commensurately lower, too, the MFAA has said. READ MORE

Aquamore welcomes new NSW BDM

by Adrian Suljanovic • 26 Oct 2022
The private lender has announced the appointment of Candice Lee as its new business development manager for NSW. READ MORE

Labor unveils affordable housing push in budget 2022–23

by Annie Kane • 25 Oct 2022
The federal Treasurer has pledged to bring online a million more houses, with affordable housing a key element of its... READ MORE

Labor to tighten spending amid whopping deficit

by • 25 Oct 2022
The federal Treasurer Jim Chalmers has conceded his first budget will need to cut spending to draw down its more than... READ MORE
‘Doubled’ ASIC fees ‘cannot happen again’: FBAA

‘Doubled’ ASIC fees ‘cannot happen again’: FBAA

by Fabian Cotter • 25 Oct 2022
The FBAA has warned it will be “keeping a very close eye on” ASIC fee estimates towards 2023. READ MORE

NAB’s main tech spend ‘has been on brokers’: Phil Waugh

by Reporter • 25 Oct 2022
The broker channel has been the focus of the major bank’s main investment in technology this year, according to... READ MORE

2 aggregators merge to create asset finance supergroup

by Annie Kane • 24 Oct 2022
A new, ASX-listed asset finance aggregation company handling around $6.7 billion in loans will be formed following the... READ MORE

FHB, investors ‘in prime position’: NAB report

by Fabian Cotter • 24 Oct 2022
NAB’s Market Megatrends 2022 report has placed first home buyers “in prime position”, and says the market bodes... READ MORE

Brokers flag concern for SME outlook

by Adrian Suljanovic • 24 Oct 2022
A panel discussed the current lending landscape and the concerns and opportunities for small and medium-sized... READ MORE

Diversification more important now than ever, says business coach

by Malavika Santhebennur • 24 Oct 2022
Branching out into SME lending could derisk a mortgage brokerage, which is vital in a cooler housing market, according... READ MORE

Latitude chairman extends term to support CEO transition

by Annie Kane • 24 Oct 2022
The chairman of the non-bank lender Mike Tilley has delayed his retirement date to help support the incoming chief... READ MORE

CBA offers flood-impacted brokers support

by Fabian Cotter • 21 Oct 2022
Victorian flood-affected brokers are being offered advanced trail payments to help them manage, the major bank has... READ MORE

Firstmac strengthens auto-lending team

by Adrian Suljanovic • 21 Oct 2022
The non-bank lender has welcomed its first national sales manager for auto lending to its ranks. READ MORE

Hot Property: The biggest property headlines from week 17–21 October

by Adrian Suljanovic • 21 Oct 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending... READ MORE

Brokers ‘at the heart of the future’: MyState Bank

by Fabian Cotter • 20 Oct 2022
Tasmania’s MyState Bank has reported a 6.9 per cent jump in its mortgage book — with brokers driving the majority... READ MORE

Bank branches axed as customers move online, APRA data

by • 20 Oct 2022
APRA has revealed more than 300 bank branches were axed nationwide in the last financial year, providing opportunities... READ MORE

Trade credit managers to be more cautious, new poll finds

by Adrian Suljanovic • 20 Oct 2022
A survey conducted by Equifax has revealed that trade credit managers will become cautious in anticipation of an... READ MORE

Direct-only lenders embracing broker strength

by Fabian Cotter • 19 Oct 2022
Mortgage Choice’s new partnership with Athena demonstrates how direct-to-consumer lenders are increasingly seeing the... READ MORE

Cyber certification launches for SMEs

by • 19 Oct 2022
Australia’s biggest bank and telecommunications companies have joined forces to equip SMEs with cyber knowledge to... READ MORE