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Brokers diversify income as EOFY looms
Brokers are “racing” to diversify their income ahead of EOFY, including the expansion into asset financing, according to Connective.
BROKER • Thu, 04 Jun 2020
Brokers wrote half of FHLDS loans
The latest figures for the FHLDS suggest that brokers assisted in up to 50 per cent of placements within the scheme, as associations urge brokers to prepare FHB clients ...
BROKER • Wed, 03 Jun 2020
PLAN bolsters lending panel
The aggregator has announced the addition of Better Choice Home Loans to its lending panel.
BROKER • Wed, 03 Jun 2020
Industry reacts to cash rate decision
The Reserve Bank of Australia has announced its decision to leave the official cash rate unchanged at 0.25 per cent this month, as the industry muses on what the future ...
GROWTH • Tue, 02 Jun 2020
ANZ extends business loan terms
The major bank has announced that it will extend the maximum loan term on business loans under $1 million to 30 years.
LENDER • Sun, 31 May 2020
Remodelled FHB scheme cops backlash
From 1 July, all applications for the FHLDS will require a Notice of Assessment for the 2019-20 financial year, a requirement that one franchisee labels “restrictive” and ...
BORROWER • Thu, 28 May 2020
Property investors remain confident despite COVID-19: PIPA
Almost three-quarters of property investors remain confident in the housing market’s short-term prospects despite the ongoing COVID-19 pandemic, a new survey has found
BORROWER • Thu, 28 May 2020
Major bank hikes fixed rates amid turnaround time debacle
A big four bank has announced that it has increased its fixed rates by 10 basis points, “bucking the trend” of other lenders decreasing rates.
LENDER • Sun, 24 May 2020
Bank offers up to $4k cashback to frontline workers
Suncorp Bank has launched a cashback offer on home loan refinances, with up to $4,000 available for COVID-19 frontline workers.
LENDER • Thu, 21 May 2020