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Second phase of SME Guarantee Scheme launched

by Annie Kane • 2 Oct 2020
The second phase of the government’s Coronavirus SME Guarantee Scheme has launched, welcoming in new lenders and new...READ MORE

Red Cross to provide financial assistance in Victoria

by Annie Kane • 2 Oct 2020
The Victorian government has commissioned the Red Cross to provide support payments to those in Victoria who are not... READ MORE

Research reveals how broker customers react to marketing

by Annie Kane • 2 Oct 2020
Broker customers and direct-to-lender customers value different marketing messages, new research has... READ MORE

AFG partners with MAB in joint venture

by Annie Kane • 1 Oct 2020
Major aggregator Australian Finance Group is set to become the joint venture partner of mortgage network Mortgage... READ MORE

ASIC takes short-term lenders to court

by Malavika Santhebennur • 1 Oct 2020
The corporate watchdog has commenced proceedings in the Federal Court against two payday lenders for alleged unlicensed... READ MORE

Victoria SME grants now income tax free

by Adrian Flores • 1 Oct 2020
Grants provided to small businesses under the Victorian government’s $3-billion COVID-19 support package are now... READ MORE

Guiding SME clients to clinch finance

by Malavika Santhebennur • 1 Oct 2020
Semper founder and director Andrew Way explains how brokers can assist SME clients obtain commercial loans, especially... READ MORE

Citi predicts broking industry to thrive

by Annie Kane • 30 Sep 2020
A new report from Citi Research has flagged the “value” in the broking sector to investors, showcasing the... READ MORE

Capify reopens book after closing equity round

by Annie Kane • 30 Sep 2020
The SME lender has announced that it is actively looking to provide finance to Australian SMEs once again, after... READ MORE

Mortgage Choice rolls out new franchise package

by Annie Kane • 30 Sep 2020
The major brokerage has launched a new franchise joining package as it continues to ramp up its recruitment... READ MORE

Lendi joins hands with comparison website

by Malavika Santhebennur • 30 Sep 2020
The online broking platform has partnered with comparison website iSelect, which will provide iSelect customers access... READ MORE

Aggregator heads to consult with government over credit changes

by Annie Kane • 29 Sep 2020
Several leaders of aggregation groups have noted the government’s proposed changes to responsible lending... READ MORE

CBA, ING slash variable rates ahead of touted RBA move

by Reporter • 29 Sep 2020
The lenders have reduced variable mortgage rates for both owner-occupiers and investors, amid speculation of a cut to... READ MORE

Government announces small-business insolvency reforms

by Adrian Flores • 29 Sep 2020
The federal government has announced a range of small-business insolvency reforms to help them restructure and survive... READ MORE

Loan Market appoints Qld growth manager

by Malavika Santhebennur • 29 Sep 2020
The major brokerage said it has appointed a new growth manager in Queensland to “capitalise” on the anticipated... READ MORE

New lending reforms to have no bearing on BID

by Charbel Kadib • 28 Sep 2020
Brokers will still be required to comply with forthcoming best interests duty obligations under the federal... READ MORE

Non-major lender cuts LMI to $0 in new offer

by Malavika Santhebennur • 28 Sep 2020
The lender has slashed its LMI costs to $0 for borrowers with a 15 per cent deposit who apply for a Reward Me Home... READ MORE

Aggregator calls for ‘fairer’ clawback structure

by Malavika Santhebennur • 28 Sep 2020
In response to the release of the final clawback regulations, Connective said the industry needs to find “fairer”... READ MORE

Responsible lending laws to be scrapped

by Charbel Kadib • 25 Sep 2020
The federal government has revealed that it will move to overhaul credit practices by scrapping responsible lending... READ MORE

Plenti lists on the ASX

by Reporter • 25 Sep 2020

The non-bank lender has commenced trading on the ASX after successfully launching its initial public offering.

READ MORE

Brokers maintain low level of AFCA complaints

by Malavika Santhebennur • 25 Sep 2020
Over 7,000 complaints relating to home loans were lodged with AFCA over the financial year, but only a fraction was... READ MORE

Former Prospa state manager joins Moneytech

by Reporter • 25 Sep 2020
Moneytech has announced the appointment of a new senior business development manager to spearhead its growth... READ MORE

Hot Property: The biggest property headlines from the week 21-25...

by Reporter • 25 Sep 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 25... READ MORE

FBAA says ‘clawback fight’ is not over

by Annie Kane • 24 Sep 2020
While the regulations for clawback arrangements have now been set, the managing director of the FBAA has said that the... READ MORE

Connective adds digital mortgage lender to panel

by Malavika Santhebennur • 24 Sep 2020
The aggregation group has welcomed neobank 86 400 to its lender panel, providing Connective brokers with access to... READ MORE

Personal lender joins AFG panel

by Malavika Santhebennur • 24 Sep 2020
A marketplace lender has joined AFG’s panel of specialist finance providers as it looks to expand its broker... READ MORE

Why this broker focuses on FHB education

by Malavika Santhebennur • 24 Sep 2020
Sydney broker Ollie Lum reveals how a flood of enquiries and demand from first home buyers inspired him to... READ MORE

Aggregator launches new business diagnostic tool for brokers

by Annie Kane • 24 Sep 2020
PLAN Australia has launched a new tool that aims to help brokers analyse their business and identify opportunities and... READ MORE

Conflicted remuneration defined in new regulations

by Annie Kane • 23 Sep 2020
The federal government has released final regulations that define conflicted remuneration and when it cannot be... READ MORE

COVID-19 erodes FHB deposit savings: MyState

by Malavika Santhebennur • 23 Sep 2020
Nearly a quarter of those Australians who have dipped into their savings during the COVID-19 crisis were originally... READ MORE
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