Powered by
MOMENTUM
MEDIA
Plenti upsizes automotive facility to $450m
The fintech lender has increased the capacity of its automotive loan warehouse facility by $100 million amid loan demand and originations growth.
LENDER • Tue, 13 Jul 2021
NSW releases COVID-19 support for SMEs and individuals
The NSW and federal governments have launched expanded support for businesses and workers affected by extended lockdowns.
BORROWER • Tue, 13 Jul 2021
CHL Elevate reports 224% spike in loan volumes
Connective Elevate home loan application volumes have increased by more than 220 per cent since replacing another retail offer on its lender panel last year.
AGGREGATOR • Mon, 12 Jul 2021
OnDeck reports spike in broker-originated loans
The SME lender has seen a 175 per cent rise in the number of broker-originated loans in the first half of 2021, compared with 2020.
BROKER • Sun, 11 Jul 2021
Debt management ACL regime begins
ASIC has warned debt management firms, who are now require to hold an ACL, that it is closely monitoring compliance with new laws and will take action when necessary.
COMPLIANCE • Tue, 06 Jul 2021
RBA delivers first rate decision for FY21-22
The RBA has announced its decision for the official cash rate for July, as well as changes to strategies around its government bond-buying program.
COMPLIANCE • Tue, 06 Jul 2021
Majority of brokers believe rate is top attraction
Most brokers said that clients seek their advice about optimal home loan interest rates, which could mount pressure on brokers to demonstrate their value if rates rise, ...
BROKER • Mon, 05 Jul 2021
SFG appoints Qld BDM
The privately owned aggregator has appointed a former credit analyst to its newly created Queensland BDM role.
SALES & MARKETING • Mon, 05 Jul 2021
Sedgwick review into retail bank commissions released
A review of retail banking product commissions and payments has found that links between remuneration and sales are now rare and industry policies have improved.
LENDER • Sun, 04 Jul 2021