Powered by
MOMENTUM
MEDIA
No new protections needed for SME borrowers: Major banks
The major banks have told the royal commission that the current protections in place for SMEs are adequate, contrary to the concerns raised by the Small Business ...
BORROWER • Sun, 11 Nov 2018
Business loan growth could outpace mortgage decline
The grass is expected to be greener on the business side of lending, as residential lending continues to dry up due to external pressures.
GROWTH • Fri, 09 Nov 2018
SMEs to increasingly lean on smaller lenders
Small businesses will be increasingly turning to smaller or specialist lenders in the aftermath of the Hayne royal commission, a recent study has found.
LENDER • Wed, 07 Nov 2018
The borrower's responsibility
While responsible lending has been the primary focus of regulatory and media scrutiny this year, the industry has been increasingly calling for improved financial ...
BORROWER • Mon, 05 Nov 2018
How content catapulted one broker’s credibility
The power of digital platforms as a credibility builder cannot be questioned, according to an elite broker whose content experiment proved to be lucrative.
BROKER • Sun, 04 Nov 2018
Government to redirect $3.9bn to drought relief programs
The federal government pledged to establish a $5 billion fund for drought relief and mitigation programs, with $3.9 billion being redirected from a different fund.
GROWTH • Thu, 01 Nov 2018
Banking code ‘unfair’ to small businesses, Ombudsman tells RC
The Small Business Ombudsman has called for a “major overhaul” of the banking code to better protect small businesses in its submission to the Hayne royal commission
BORROWER • Thu, 01 Nov 2018
Heartland Group starts trading on the ASX
Heartland Group Holdings, under which its Australian reverse mortgage business operates, has begun trading on the Australian Securities Exchange.
LENDER • Thu, 01 Nov 2018
Banks quitting reverse mortgages ‘spells opportunity’ for brokers
The major banks’ withdrawal from the reverse mortgage market “spells opportunity” for brokers, the FBAA’s managing director has said.
BROKER • Tue, 30 Oct 2018