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ASIC takes short-term lenders to court

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

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

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

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

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

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 efforts. READ MORE
Lendi joins hands with comparison website

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

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 and ING

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

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
Jessie Moore

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

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

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

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

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

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

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 September

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

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

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

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

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 focused on FHB education

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

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