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Government extends loan scheme to flood-hit SMEs
The federal government will extend the SME Recovery Loan Scheme to provide support to flood-affected businesses.
BORROWER • Mon, 29 Mar 2021
Loan Market sees rise in automated communication
The major brokerage has recorded a quarterly surge in its brokers’ usage of automated communications in 2021, it said.
GROWTH • Mon, 29 Mar 2021
REA Group to acquire Mortgage Choice
The multinational property services group has announced a proposal to acquire 100 per cent of Mortgage Choice for $244 million by way of a scheme of arrangement.
BROKER • Sun, 28 Mar 2021
Credit union expands broker channel reach
The credit union has launched in Victoria’s broker market, expanding its push into the state with 600 brokers from PLAN.
BROKER • Sun, 28 Mar 2021
Small business review service made permanent
The ATO has announced that its independent review service for tax disputes will be available permanently to eligible small businesses.
COMPLIANCE • Sun, 28 Mar 2021
Home values up 400% in 30 years: study
Property values have soared over the last 30 years, while the average mortgage provided by Aussie has grown more than 13 times between 1995 and 2021, a new study has ...
GROWTH • Sun, 28 Mar 2021
ASIC to enforce BID under proposed RLO changes
ASIC has said that it will be responsible for administering and enforcing broker BID rules if and when the responsible lending laws are repealed later this year.
COMPLIANCE • Thu, 25 Mar 2021
AFG adds short-term lender to panel
The aggregator has added a short-term private lender to its lender panel, marking the first time a short-term lender has been made available to its brokers, AFG said.
LENDER • Wed, 24 Mar 2021
Trainee incentive ‘game changer’ for brokers: brokerage
Loan Market has posited that the broking sector is “best placed” to take advantage of the government’s extension of its nationwide trainee hiring incentive.
BROKER • Wed, 24 Mar 2021