Breaking News
Brokers urged to seize on SME EOFY needs
by Malavika Santhebennur • 10 Jun 2021
Asset finance specialists have suggested in a Lend webinar that brokers could use the EOFY period to understand their...READ MORE
Why this broker enjoys ‘complex’ finance
by Malavika Santhebennur • 10 Jun 2021
The winner of two awards at the 2021 Better Business Awards in Queensland, Jodie Wolfenden, explains why she enjoys... READ MORE
New repricing and refi tool launches for brokers
by Annie Kane • 9 Jun 2021
A former broker has launched an AI-based tech platform that automates the repricing and refinancing process for... READ MORE
AFG partners with youth homelessness charity
by Malavika Santhebennur • 9 Jun 2021
The aggregator has announced a sponsorship agreement to become the principal partner of a charitable organisation that... READ MORE
Loan Market welcomes new business success manager
by reporter • 9 Jun 2021
The aggregation group has announced that it has appointed former Mortgage Choice franchise business manager Ali Hill... READ MORE
Aaron Milburn to leave finance industry
by Annie Kane • 8 Jun 2021
Pepper Money’s general manager for mortgages and commercial lending is to leave the finance industry and take a... READ MORE
Former mortgage brokerage convicted, fined
by Sarah Simpkins • 8 Jun 2021
Former Melbourne brokerage Advanced Choice Finance has been convicted and fined for knowingly making a false statement... READ MORE
Loan Market hires internal outsource team
by Malavika Santhebennur • 8 Jun 2021
The major brokerage has launched a team of 90 support staff based in the Philippines to assist its brokers with their... READ MORE
SME platform welcomes new lender to panel
by reporter • 8 Jun 2021
Commercial finance fintech Lend has welcomed an SME lender to its growing panel.
READ MOREBNK Bank appoints non-executive director
by Malavika Santhebennur • 8 Jun 2021
The non-major bank has appointed a banking, technology and telecommunications executive as a non-executive director,... READ MORE
Non-majors highlight turnaround success
by Annie Kane • 7 Jun 2021
Several non-major banks have revealed how they are working to keep turnaround times fast and reduce channel... READ MORE
Light commercial vehicle financing up 187%: CBA
by Malavika Santhebennur • 7 Jun 2021
CBA figures have revealed a spike in business car financing compared with last year, driven by a 187 per cent rise in... READ MORE
ANZ names internal audit manager
by Sarah Simpkins • 7 Jun 2021
ANZ has appointed a new general manager to oversee its internal auditing.
READ MOREHousing and rental affordability slides
by Reporter • 7 Jun 2021
The proportion of income required to meet loan repayments has increased, sending housing affordability down a slippery... READ MORE
Lending standards haven’t eased: RBA
by Sarah Simpkins • 4 Jun 2021
Lenders have not slackened their standards in the current low rate environment, the Reserve Bank has said, as it... READ MORE
Heritage Bank slashes investor loan rates
by Malavika Santhebennur • 4 Jun 2021
The mutual bank has announced out-of-cycle cuts to select investment home loan interest rates of up to 50 bps.
READ MOREWhy this broker went independent from the get-go
by Malavika Santhebennur • 4 Jun 2021
WA-based broker Amy Ferguson reveals why she jumped straight into the deep end of opening her own brokerage when she... READ MORE
Hot Property: The biggest property headlines from the week 31 May to...
by Malavika Santhebennur • 4 Jun 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 4... READ MORE
Judo Bank announces CEO changes
by Annie Kane • 3 Jun 2021
The SME challenger bank has announced changes to its leadership as it moves from a dual CEO model to having a single... READ MORE
Exclusive: Major banks reveal how they’re fixing turnarounds
by Annie Kane • 3 Jun 2021
Following on from concessions that broker-lodged loans take a lot longer to approve than those in the proprietary... READ MORE
Business investment spikes in March quarter
by Malavika Santhebennur • 3 Jun 2021
Business investment was propelled by a 12 per cent rise in machinery and equipment, the strongest rise since December... READ MORE
1 in 2 SMEs keen to invest: Prospa
by Malavika Santhebennur • 3 Jun 2021
More than half of all SME owners have plans to invest in their business in the next six to 12 months, with smaller... READ MORE
AFG to invest $15m in neobank
by Annie Kane • 2 Jun 2021
The aggregation group has agreed to invest $15 million in a neobank, leveraging its banking as a service offering and... READ MORE
Broker settlements hit new high for March quarter
by Annie Kane • 2 Jun 2021
The value of settled loans written by brokers over the March quarter hit a new record, with broker market share for the... READ MORE
Mutual bank begins operating under new name
by Annie Kane • 2 Jun 2021
Credit Union Australia has begun trading under the new name of Great Southern Bank and has rolled out new products and... READ MORE
AFG welcomes non-bank lender to panel
by Annie Kane • 2 Jun 2021
The aggregation company has welcomed a non-bank lender to its lender panel.
READ MORERBA announces June rate decision
by Malavika Santhebennur • 1 Jun 2021
The RBA has revealed its official cash rate decision for June, as Victoria endures a fresh round of the COVID-19... READ MORE
86 400 launches direct offering
by Annie Kane • 1 Jun 2021
The neobank has launched its inaugural direct-to-consumer offering, making its Neat and Own home loans available to... READ MORE
Turnaround issue compounded by metric confusion: Connective CEO
by Annie Kane • 1 Jun 2021
While welcoming that more lenders are proactively publishing their turnaround time data, Connective CEO Glenn Lees has... READ MORE
Vic government launches $250.7m business grants package
by Sarah Simpkins • 1 Jun 2021
The state government has rolled out a $250.7 million package to support Victorian businesses hit by the latest snap... READ MORE

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