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Breaking News
Revealed! Finalists of the Australian Broking Awards 2021
by reporter • 29 Jun 2021
A total of 238 finalists have been announced as contenders for the Australian Broking Awards 2021, run in partnership...
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4 in 10 home owners planning to sell
by Sarah Simpkins • 29 Jun 2021
New research has shown a rise in Australians intending to sell their houses, with a growing number looking to...
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Bank of mum and dad backed 5% of buyers: survey
by Sarah Simpkins • 29 Jun 2021
Most Australians are relying on budgeting to enter the property market, with a survey finding only 5 per cent have...
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Westpac sells asset finance business
by Annie Kane • 28 Jun 2021
The big four bank has confirmed its sale of its motor vehicle dealer finance and novated leasing businesses to a...
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Unlicensed mortgage lender issued court orders
by Reporter • 28 Jun 2021
ASIC has moved to shut down an unlicensed mortgage lender, alleging misleading or deceptive conduct and engaging in...
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Fintech secures $50m for developing business bank
by Sarah Simpkins • 28 Jun 2021
Australian fintech Zeller has gained a $50-million investment from a US venture capitalist, as it ventures to take on...
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Role of panic buying probed in rising house prices
by Malavika Santhebennur • 28 Jun 2021
A new website developed by economics professors is exploring whether – and how much of – the housing demand is...
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Firstmac launches discounted green home loan
by Malavika Santhebennur • 25 Jun 2021
The non-bank lender has launched its first discounted green home loan as part of a $750-million green mortgage-backed...
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Brokers to ramp up home loan dominance: Lendi, Athena
by Sarah Simpkins • 25 Jun 2021
The chiefs of Lendi and Athena have outlined their expectations for the sector, predicting a growing broker market...
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CBA launches SME invoice finance product
by Malavika Santhebennur • 25 Jun 2021
The major bank is rolling out a digital invoice finance solution to enable small businesses to use their outstanding...
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Brokerage hires first GM ahead of growth plans
by Annie Kane • 25 Jun 2021
Sydney-based brokerage Equilibria Finance has hired industry veteran Peter Clark as its first general manager and...
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Earlypay raises capital to fund new product
by Malavika Santhebennur • 25 Jun 2021
The finance provider has announced an $18.9-million capital raise to fund a new trade finance product for SMEs.
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Hot Property: The biggest property headlines from the week 21-25 June
by reporter • 25 Jun 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles.
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RedZed appoints BDMs, product manager
by Malavika Santhebennur • 24 Jun 2021
The lender for self-employed borrowers has appointed two BDMs in Queensland and NSW and has appointed internally to a...
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Wisr closes $5m raise
by Sarah Simpkins • 24 Jun 2021
Wisr has wrapped a $5-million capital raise to accelerate its loan book growth, but the lender has reported that its...
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Suncorp enables e-signatures on post-approval loan docs
by Malavika Santhebennur • 24 Jun 2021
The non-major bank has said that it will accept e-signatures on post-approval add and equity loan documents, effective...
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NextGen.Net appoints head of broker
by Annie Kane • 23 Jun 2021
NextGen.Net has appointed its inaugural national head of broker partnerships.
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Better Business Summit and Awards Sydney postponed
by reporter • 23 Jun 2021
Due to the ongoing COVID-19 resurgence in Sydney, the NSW leg of the Better Business Summit and Better Business Awards...
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Lend adds FleetPartners to platform
by Sarah Simpkins • 23 Jun 2021
Lend has integrated vehicle fleet leasing and fleet management provider FleetPartners into its platform.
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‘Perfect storm’ propels asset finance demand: Connective
by Malavika Santhebennur • 23 Jun 2021
A range of factors has driven an increase in demand for asset finance, and the current EOFY period is the “perfect...
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MYOB, Valiant to launch data-informed business lending
by Sarah Simpkins • 23 Jun 2021
MYOB has partnered with Sydney-based lending platform Valiant to launch predictive finance offerings to SMEs based on...
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1 in 5 borrowers lies on loan applications
by Sarah Simpkins • 22 Jun 2021
One-fifth of Australians have admitted to not telling the whole truth on their credit applications, with a researcher...
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Judo Bank valued at $1.9bn after equity raise
by Malavika Santhebennur • 22 Jun 2021
The SME challenger bank has announced its latest equity funding round of $124 million in addition to an inaugural...
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Choice announces commercial white label service
by Malavika Santhebennur • 22 Jun 2021
The aggregator has partnered with a finance brokerage to add a commercial referral offering to its white label...
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Government expands FHLDS property price caps
by Annie Kane • 21 Jun 2021
The Treasury has expanded the property price caps for homes purchased under the First Home Loan Deposit Scheme and...
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