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Borrower
Mortgage activity sinks 16.5%
by Reporter • 6 May 2020
Demand for housing finance has fallen sharply across every state and territory, the latest CoreLogic data has...
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Bank to automatically move borrowers to new products
by Annie Kane • 30 Apr 2020
A non-major bank has announced that it will automatically switch customers on legacy mortgages to new products...
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Loan relief to disguise ‘true’ credit impact of COVID-19: S&P
by Charbel Kadib • 27 Apr 2020
Mortgage relief assistance provided to borrowers in the wake of the COVID-19 pandemic would hide the “true effects”...
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Majors to prioritise SME bridging finance needs
by Annie Kane • 24 Apr 2020
The major banks have agreed to set up a special hotline to give priority to businesses looking for bridging finance...
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Borrower risks flagged amid refinancing rush
by Charbel Kadib • 24 Apr 2020
Brokers have been encouraged to warn clients about the long-term consequences of loan switching reductions amid a sharp...
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Heritage launches new SME product
by Hannah Dowling • 20 Apr 2020
The non-major has revealed a new product following its inclusion in the government’s Coronavirus SME Guarantee...
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RBA leaves rates unchanged
by Malavika Santhebennur • 8 Apr 2020
The central bank has left the official cash rate unchanged at 0.25 per cent and has reiterated its stance on negative...
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SMEs given resources to tackle COVID-19 stress
by Malavika Santhebennur • 27 Mar 2020
My Business Health, a web portal established by the ASBFEO for small-business owners, has created a dedicated section...
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‘More help’ issued for SMEs and sole traders
by Annie Kane • 23 Mar 2020
The government has released a second support package to “cushion the blow” of the coronavirus on the economy,...
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RBA pulls emergency lever
by Charbel Kadib • 19 Mar 2020
The central bank has announced an emergency cut to the official cash rate to further stimulate the domestic economy as...
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