Breaking News
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
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
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 MOREFormer 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
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
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
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
COBA welcomes closer ties between regulators
by Malavika Santhebennur • 23 Sep 2020
The association for customer-owned banks has said that the MOU between APRA and ACCC recognises the need for... READ MORE
Final clawback regulations released
by Annie Kane • 22 Sep 2020
The final regulations for mortgage brokers focusing on the new clawback requirements and conflicted remuneration have... READ MORE
ASBFEO reiterates call for more SME support
by Annie Kane • 22 Sep 2020
SME advisers – including brokers, accountants and financial planners – have “never been more important”, the... READ MORE
AMP lowers floor rate, updates HEM benchmark
by Charbel Kadib • 22 Sep 2020
The non-major has announced a number of changes to its credit policy, including a reduction to its floor rate for home... READ MORE
ACCC issues warning over rental scammers
by Reporter • 22 Sep 2020
The competition watchdog has called for increased consumer vigilance amid a 76 per cent surge in rental and... READ MORE
SMEs offered Qantas points for business loans
by Malavika Santhebennur • 22 Sep 2020
Qantas has partnered with an SME lending platform to offer Business Rewards members with Qantas points when... READ MORE
Major bank announces new CEO, consumer
by Annie Kane • 21 Sep 2020
A big four bank has appointed a new chief executive for its consumer division.
READ MOREBrokerage launches insurance quote function
by Malavika Santhebennur • 21 Sep 2020
The major brokerage has integrated an indicative quote function within its broker platform that offers a digital... READ MORE
NAB extends COVID-19 IO loan measure
by Malavika Santhebennur • 21 Sep 2020
The major bank has announced a range of changes to its loan policies, including an extension of support for IO loans... READ MORE
Loan Market overhauls broker ranking metrics
by reporter • 21 Sep 2020
The aggregator has updated the way it determines its mortgage broker rankings, moving away from a settlement-based... READ MORE
Aussie reports record spike in pre-approvals
by Malavika Santhebennur • 18 Sep 2020
The major brokerage has reported a record increase in home loan pre-approvals across the first eight months of the... READ MORE
Facebook launches SME grants program
by Reporter • 18 Sep 2020
The social media giant has commenced processing applications for its new SME grants program.
READ MOREAggregator reports surge in settlements
by Malavika Santhebennur • 18 Sep 2020
Purple Circle Financial Services has reported a record increase in loan settlements in August, which it attributed to... READ MORE

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