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AFCA reveals broker share of customer complaints
AFCA’s new online comparison tool has revealed that brokers make up only a small pool of total complaints filed over finance lending grievances, as the banks bear the ...
BROKER • Thu, 07 Nov 2019
BOQ expands third-party team
The non-major bank has welcomed two new additions to its broker support team this week.
GROWTH • Wed, 06 Nov 2019
Suncorp lowers fixed rates
The non-major has lowered fixed rates by up to 40 basis points for residential lending, effective 8 November.
LENDER • Wed, 06 Nov 2019
Loan market expands lender panel
The major brokerage has introduced a new lender to its panel, partnering with a non-major lender to bring its total panel to 61 lenders.
LENDER • Tue, 05 Nov 2019
Consultation opens for new Business Growth Fund
The federal government has launched a consultation on the draft legislation for the new Australian Business Growth Fund, which will see government invest $100 million to ...
GROWTH • Mon, 04 Nov 2019
AFCA appoints COO
The complaints body has announced the appointment of its new chief operating officer, effective 2 December.
COMPLIANCE • Mon, 04 Nov 2019
Brokers urged to help SMEs prepare for Christmas pinch
Two-thirds of small business owners feel stressed during the holiday period, largely due to cash flow problems, which brokers can help alleviate, SME lender Prospa has ...
BROKER • Sun, 03 Nov 2019
AFCA awards $185m in compensation
The complaints body has awarded $185 million in compensation to consumers in its first 12 months of operation, with complaint figures having risen by 40 per cent.
COMPLIANCE • Sun, 03 Nov 2019
Debate wages over misuse of supply chain financing
In light of ongoing scrutiny over the misuse of supply chain financing to the detriment of small businesses, the director of Fifo Capital has called for a ...
LENDER • Thu, 31 Oct 2019