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Breaking News
How to build a ‘heart team’
by Hannah Dowling • 8 Apr 2020
The co-founder and board director of R U OK?, Graeme Cowan, reveals his top tips for running a resilient and...
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How non-bank lenders are pivoting amid COVID-19
by Annie Kane • 7 Apr 2020
As the coronavirus pandemic continues to disrupt the economy and impact funding lines, several non-bank lenders have...
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Neobank joins Buyers Choice lender panel
by Malavika Santhebennur • 7 Apr 2020
86 400 has signed an agreement with brokerage and sub-aggregator Buyers Choice to join its lender panel.
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MyState, Heritage tighten risk appetites
by Reporter • 7 Apr 2020
The non-majors have joined several lenders in revising their credit risk appetites in response to credit quality...
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MFAA launches broker mental health program
by Hannah Dowling • 7 Apr 2020
The broking association has launched a new virtual program to assist brokers in handling their own stress, as well as...
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ACCC delays decision on AFG-Connective merger
by Charbel Kadib • 6 Apr 2020
AFG has confirmed that the ACCC’s decision on its proposed $120-million merger with Connective has been delayed upon...
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PM demands banks to ‘come to the party’ on rental relief
by Hannah Dowling • 6 Apr 2020
Banks will need to play their part in providing loan repayment relief to landlords, as measures to offer tenants rental...
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Resimac signs digital VOI partnerships
by Malavika Santhebennur • 6 Apr 2020
The non-bank lender has announced two new solicitor partnerships so brokers can originate home loans without needing to...
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NAB receives 50,000 loan relief requests
by Malavika Santhebennur • 6 Apr 2020
The major bank has reported that it has received requests from more than 50,000 customers wanting access to its...
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Calls for BID introduction to be delayed
by Hannah Dowling • 3 Apr 2020
Industry heads have been “working tirelessly” to delay the introduction of the best interests duty obligations for...
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Royden D’Vaz joins Loan Market
by reporter • 3 Apr 2020
Former Bluestone executive Royden D’Vaz has joined Loan Market as its new state director for Western Australia.
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ABSF announces its first $250m investment
by Reporter • 3 Apr 2020
The federal government’s funds manager has revealed the recipient of its first $250-million tranche of investment to...
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COVID-19 business confidence survey launches
by reporter • 3 Apr 2020
A new monthly business confidence survey has launched today seeking to uncover the impacts of COVID-19 on Australian...
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Scottish Pacific acquisition of CML progresses
by Annie Kane • 2 Apr 2020
The acquisition of debtor finance specialist CML Group by Scottish Pacific has progressed further after the main...
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Heritage welcomes two new executive members
by reporter • 2 Apr 2020
A Queensland-based bank has announced two permanent appointments to its executive team.
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Clients need guidance on bank loan relief, says broker
by Malavika Santhebennur • 2 Apr 2020
With banks releasing various loan relief packages amid the coronavirus pandemic, a Western Australia-based Loan Market...
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Bank revises commissions policy
by Charbel Kadib • 1 Apr 2020
A lender has announced changes to its broker remuneration model.
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NextGen.Net launches digital document verification
by Hannah Dowling • 1 Apr 2020
The technology solutions provider has launched a new digital document verification service to enable loans to continue...
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Lenders sharpen focus on serviceability
by Reporter • 1 Apr 2020
A number of credit providers have revised their lending policies in response to growing economic uncertainty fuelled...
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Brokers encouraged to craft business continuity plan
by Reporter • 1 Apr 2020
The CEO of an aggregator has encouraged brokers to prepare their businesses for the economic threat posed by the...
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Banks inundated with SME loan deferral requests
by Annie Kane • 1 Apr 2020
Nearly 10 per cent of major banks’ business customers have contacted their bank for loan relief, with NAB receiving a...
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Record number of mortgage brokers writing commercial
by Annie Kane • 31 Mar 2020
The number of mortgage brokers writing commercial loans has hit a new high, with the value of commercial loans settled...
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Brokerage launches fundraiser for medical face masks
by Annie Kane • 31 Mar 2020
A Sydney-based brokerage that purchased and donated 30,000 medical-grade face masks to health professionals is now...
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NAB launches new SME offering
by Charbel Kadib • 31 Mar 2020
The major bank has announced the launch of a new funding facility for businesses affected by the coronavirus outbreak,...
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How COVID-19 is like the space race
by Grace Ormsby • 31 Mar 2020
The coronavirus pandemic and the associated economic turmoil draw an unlikely parallel with the space race, according...
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