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Housing and rental affordability slides
by Reporter • 7 Jun 2021
The proportion of income required to meet loan repayments has increased, sending housing affordability down a slippery...
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Lending standards haven’t eased: RBA
by Sarah Simpkins • 4 Jun 2021
Lenders have not slackened their standards in the current low rate environment, the Reserve Bank has said, as it...
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Why this broker went independent from the get-go
by Malavika Santhebennur • 4 Jun 2021
WA-based broker Amy Ferguson reveals why she jumped straight into the deep end of opening her own brokerage when she...
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Hot Property: The biggest property headlines from the week 31 May to...
by Malavika Santhebennur • 4 Jun 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 4...
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Exclusive: Major banks reveal how they’re fixing turnarounds
by Annie Kane • 3 Jun 2021
Following on from concessions that broker-lodged loans take a lot longer to approve than those in the proprietary...
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1 in 2 SMEs keen to invest: Prospa
by Malavika Santhebennur • 3 Jun 2021
More than half of all SME owners have plans to invest in their business in the next six to 12 months, with smaller...
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AFG to invest $15m in neobank
by Annie Kane • 2 Jun 2021
The aggregation group has agreed to invest $15 million in a neobank, leveraging its banking as a service offering and...
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Broker settlements hit new high for March quarter
by Annie Kane • 2 Jun 2021
The value of settled loans written by brokers over the March quarter hit a new record, with broker market share for the...
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Mutual bank begins operating under new name
by Annie Kane • 2 Jun 2021
Credit Union Australia has begun trading under the new name of Great Southern Bank and has rolled out new products and...
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AFG welcomes non-bank lender to panel
by Annie Kane • 2 Jun 2021
The aggregation company has welcomed a non-bank lender to its lender panel.
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RBA announces June rate decision
by Malavika Santhebennur • 1 Jun 2021
The RBA has revealed its official cash rate decision for June, as Victoria endures a fresh round of the COVID-19...
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86 400 launches direct offering
by Annie Kane • 1 Jun 2021
The neobank has launched its inaugural direct-to-consumer offering, making its Neat and Own home loans available to...
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Turnaround issue compounded by metric confusion: Connective CEO
by Annie Kane • 1 Jun 2021
While welcoming that more lenders are proactively publishing their turnaround time data, Connective CEO Glenn Lees has...
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Vic government launches $250.7m business grants package
by Sarah Simpkins • 1 Jun 2021
The state government has rolled out a $250.7 million package to support Victorian businesses hit by the latest snap...
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New date for Better Business Summit Melbourne
by Annie Kane • 31 May 2021
Due to COVID-19 restrictions in Victoria, the Melbourne leg of the Better Business Summit and Better Business Awards...
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Latitude expects 70% profit growth
by Sarah Simpkins • 31 May 2021
The listed lender has forecast a half-year profit in the range of $115 million to $120 million, a rise of at least 70...
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Digital processes helping brokers in lockdown
by Sarah Simpkins • 31 May 2021
Digitisation and the experience of prior restrictions are helping brokers connect to their clients and do what they...
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WA’s best brokers crowned at Better Business Awards 2021
by Annie Kane • 28 May 2021
The leading brokers in Western Australia have been crowned at the Perth Better Business Awards, run in partnership with...
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‘The bill is done’: Jacqui Lambie on RLO repeal
by Malavika Santhebennur • 28 May 2021
The government said that it would continue to work with the Senate crossbench on responsible lending reforms after...
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Turnaround times ‘critical’ to CBA’s strategy, Comyn says
by Sarah Simpkins • 28 May 2021
The CBA chief has said shaving turnaround times are a key component to the bank’s game plan looking forward, as it...
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Moneytech joins SME recovery scheme panel
by Malavika Santhebennur • 28 May 2021
The fintech lender has been accepted into the federal government’s SME Recovery Loan Scheme, available through direct...
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Hot Property: The biggest property headlines from the week 24-28 May
by Reporter • 28 May 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 28...
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Vic opposition vows to scrap stamp duty
by Malavika Santhebennur • 27 May 2021
The Victorian opposition party said that it would scrap the Labor government’s stamp duty tax increase on the family...
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REA Group-Mortgage Choice acquisition gets approved
by Malavika Santhebennur • 27 May 2021
The property services group said it has received approval from the Foreign Investment Review Board for its proposed...
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Property investor loans overtake first home buyers
by Sarah Simpkins • 27 May 2021
The mortgage market share occupied by property investors is now exceeding first home buyers, a property technology...
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