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SMEs receive multibillion-dollar stimulus injection
The federal government has announced a 400 per cent increase to the threshold for the instant asset write-off.
GROWTH • Thu, 12 Mar 2020
Complaints data vindicates broking industry: MFAA
The latest AFCA data is further evidence that misconduct is “certainly not” at the core of the broking industry, which continues to produce a “high-quality of outcomes” ...
BROKER • Wed, 11 Mar 2020
Banks report $11.2bn bounce in mortgages
Owner-occupiers have driven a 12 per cent spike in home loans settled by Australia’s ADI sector, according to new data from APRA.
LENDER • Tue, 10 Mar 2020
Brokers urged to verify ‘belt-tightening’ commitments
Connective’s national manager of risk and compliance has called on brokers to verify and document client commitments to reduce discretionary spending post-settlement to ...
BROKER • Mon, 09 Mar 2020
Cuts to fuel refinancing rush
Sharp fixed and variable rate home loan reductions are set to trigger a spike in refinancing applications through the broker channel, according to Aussie CEO James Symond
LENDER • Sun, 08 Mar 2020
NAB confirms broker team reshuffle
EXCLUSIVE: The major bank has confirmed the departure of its recently appointed head of broker.
BROKER • Thu, 05 Mar 2020
Baird resignation leaves void in NAB broker team
NAB’s EGM, broker partnerships will be elevated to the role of interim chief customer officer following the resignation of Mike Baird, adding to uncertainty surrounding ...
BROKER • Thu, 05 Mar 2020
Majors recover lost ground in business space, volumes slide
The big four banks have regained market share in the business and commercial lending space amid an overall slide in settlement volumes, according to the latest research ...
AGGREGATOR • Wed, 04 Mar 2020
Swathe of non-majors slash mortgage rates
A number of non-major lenders, including Macquarie, ING, Suncorp, and BOQ, have reduced their variable home loan rates in response to the latest cut to the cash rate
LENDER • Wed, 04 Mar 2020