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AFG signs up for open banking platform

AFG has teamed with a fintech to allow customers to share their financial and banking data with the group’s brokers.

AGGREGATOR • Tue, 23 Nov 2021

Victorian FHB grants rise by 29.4%

The Victorian state government has dished out almost 30 per cent more grants to first home buyers year-on-year.

COMPLIANCE • Mon, 22 Nov 2021

Plenti chips away at turnarounds in quest to $5bn

The ASX-listed lender has laid out its ambitions to hit a $5 billion loan book in the next four years, with brokers to play a key role.

LENDER • Wed, 17 Nov 2021

Brokers face $1.3m rise in ASIC levies

ASIC has estimated it will recover $8.1 million in costs through industry levies from the credit intermediary sector, when it sends invoices out in January.

AGGREGATOR • Thu, 11 Nov 2021

NAB nods to brokers in business bank strategy

Brokers are playing a growing role in business lending, NAB’s boss has said, as the bank has decided to target the segment.

BROKER • Wed, 10 Nov 2021

Suncorp business lending slips

Business lending at the non-major bank dipped by $60 million in the September quarter, a 0.5 per cent decline from the prior three months.

LENDER • Wed, 10 Nov 2021

Mentoring ‘critical’ to asset finance brokers: Finstead

A brokerage director has said mentorship is key for brokers moving into asset finance, although it remains “undercooked” in the segment.

AGGREGATOR • Tue, 09 Nov 2021

ScotPac launches $100m SME fund

The business lender has kicked off a $100 million working capital fund, marketed as helping Australian and New Zealand businesses rebound post-lockdown.

BORROWER • Sun, 07 Nov 2021

Beyond Bank eyes expanded broker reach with merger

Beyond Bank has outlined a broker growth strategy in regional Victoria and South Australia, which could unfold under its potential merger with South West Credit Union.

BROKER • Thu, 04 Nov 2021