Breaking News
Dwelling approvals bounce back after stimulus wind-down
by Sarah Simpkins • 5 Oct 2021
Construction approvals for dwellings rebounded in August according to ABS data, rising after declines in the months...READ MORE
Prospa chair to join HSBC board
by • 5 Oct 2021
The non-major bank has confirmed that the chair of business lender Prospa will join its board as a non-executive... READ MORE
Fewer renovations being funded by debt: Houzz
by • 5 Oct 2021
Only one in 10 are now supported by mortgage refinancing, as cash reserves continue to build, according to a new... READ MORE
Owner-occupier lending dragged amid lockdowns
by Sarah Simpkins • 4 Oct 2021
The value of new home loans declined by 4.3 per cent in August, as owner-occupier lending fell amid ongoing COVID-19... READ MORE
Victorian SMEs to receive $2.3bn COVID support
by Malavika Santhebennur • 4 Oct 2021
A new $2.3 billion funding package has been announced to support Victorian SMEs over the next six weeks, when the state... READ MORE
MoneyMe secures $50m funding commitment
by Sarah Simpkins • 4 Oct 2021
The ASX-listed lender has signed a $50 million four-year-long funding agreement, with plans to grow its product... READ MORE
NAB to merge NAB-Advantedge sales teams
by Annie Kane • 1 Oct 2021
The major bank has combined the NAB Broker and Advantedge sales teams into one business, Broker... READ MORE
MyState Bank welcomes new BDMs
by • 1 Oct 2021
The non-major bank has announced two inclusions to its BDM team, including a senior mortgage broker.
READ MORE‘Minimal change’ to ALI offering under deferred sales regime
by Annie Kane • 1 Oct 2021
The protection plans offered by brokers and aggregators through ALI Group are exempt from the incoming deferred sales... READ MORE
NSW to ‘go it alone’ on JobSaver extension
by Malavika Santhebennur • 1 Oct 2021
The NSW government will continue funding the JobSaver program extension once the state hits 80 per cent vaccination... READ MORE
Loan Market announces new business recruitment head
by • 1 Oct 2021
The major brokerage has confirmed that its national network growth manager is now the head of business... READ MORE
Hot Property: The biggest property headlines from the week 27...
by Reporter • 1 Oct 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 1... READ MORE
Productivity Commission lauds broker role in SME finance
by Malavika Santhebennur • 30 Sep 2021
A new report has highlighted the importance of brokers in connecting SME borrowers and lenders, while lenders said at... READ MORE
Digital lenders challenging the banks: Prospa
by Sarah Simpkins • 30 Sep 2021
Fintechs have been taking components of the banking system and repackaging them into stronger offerings than previously... READ MORE
Better Business Awards NSW/ACT winners revealed!
by Annie Kane • 29 Sep 2021
The leading members of the broking industry in NSW and the ACT have been unveiled at the Better Business Awards... READ MORE
COVID-19 Disaster Payments to phase out
by Annie Kane • 29 Sep 2021
The weekly support payments will be phased out as states and territories reach 70 per cent and 80 per cent... READ MORE
SME lending likely to be regulated, suggest lenders
by • 29 Sep 2021
The chief executive of Pepper Money and a relationships MD at Judo Bank expect the SME lending space to soon be... READ MORE
Lend introduces asset finance quoting tool
by • 29 Sep 2021
The SME platform has introduced a new asset finance quoting tool that intends to help brokers assess asset finance... READ MORE
ATO to act on SME tax debt, brokers warned
by Malavika Santhebennur • 29 Sep 2021
SMEs and their brokers have been urged to be vigilant as the ATO begins acting on powers to disclose SME tax debt to... READ MORE
Qld tourism injected with $70m grants
by Malavika Santhebennur • 29 Sep 2021
Tourism and hospitality businesses in Queensland that are facing significant hardship due to the COVID-19 crisis will... READ MORE
Lenders begin releasing ‘target markets’ for loans
by Annie Kane • 28 Sep 2021
Target market determinations for mortgage products are starting to be released by lenders, ahead of the new laws coming... READ MORE
Paperwork burden driving borrowers to brokers: Survey
by Annie Kane • 28 Sep 2021
Navigating home loan paperwork is one of the top reasons consumers use brokers, a new survey from non-bank lender... READ MORE
Judo Bank commits to SME Recovery Loan Scheme
by Annie Kane • 28 Sep 2021
The SME bank will be participating in the revamped SME Recovery Loan Scheme, which will launch on Friday (1... READ MORE
Concerns flagged over housing supply shortage
by Malavika Santhebennur • 28 Sep 2021
A property body has raised housing affordability concerns in NSW after data showed a decline in the number of new homes... READ MORE
Proportion of female brokers drops to new low
by Annie Kane • 27 Sep 2021
The number and proportion of female brokers have dropped to a record low, according to the MFAA.
READ MORECBA streamlines serviceability for self-employed borrowers
by Annie Kane • 27 Sep 2021
The major bank has “simplified” its serviceability and assessment process for some self-employed borrowers,... READ MORE
ANZ customers sent $77m to scammers, reveals CEO
by • 27 Sep 2021
The chief executive of the major bank has informed MPs that increasing cyber attacks, and challenges in reporting... READ MORE
Resimac announces reduction in interest rate
by • 27 Sep 2021
The non-bank lender has confirmed it will lower the interest rates for its Prime and Prime Flex packages.
READ MOREMajor bank CEOs flag SME ‘pressure’
by Annie Kane • 24 Sep 2021
The heads of CBA and ANZ have acknowledged to MPs the growing pressures facing SMEs, but noted that only a small... READ MORE
CAFBA announces board changes
by Annie Kane • 24 Sep 2021
The broker association has announced board changes following the resignation of Renee Tocco, as she pursues a new... READ MORE

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