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Over a quarter of businesses ‘knocked back’ by lenders

One in four businesses grappling with the economic fallout from the COVID-19 pandemic has had their application for credit rejected by l...
September 30, 2020

Over 150 brokers joined the Loan Market franchise last financial year, which the group attributed to the BID legislation.

August 18, 2020

The volume of funds requested by SMEs halved in Q420, according to SME lending platform Lend.

August 18, 2020
The Combined Industry Forum is reviewing clawback arrangements within the broker remuneration model, with a recommendation for reform due by the end of the year, co-chair Mark H...
August 17, 2020

Teachers Mutual Bank has reduced the maximum LVR for fixed-rate home loans with LMI, effective 17 August.

August 17, 2020

The major brokerage has expanded its network of brokers and franchisees in the midst of the COVID-19 crisis.

August 17, 2020

From educating clients on their finances to having a strong client base and establishing referrals networks, brokers speak about what success looks like to them.

August 17, 2020

Reserve Bank governor Philip Lowe has expressed support for the removal of stamp duty, which he has described as a “tax on mobility”.

August 16, 2020

A major franchise brokerage has appointed a new head of franchise recruitment, responsible for the growth of the franchise network.

August 16, 2020
Approximately two-thirds of brokers are writing other loans for their clients outside of mortgages, according to a new broker survey....
August 16, 2020

The corporate regulator has outlined its expectations of lenders when loan repayment deferrals offered in light of COVID-19 expire.

August 13, 2020

A non-major bank has announced that it will reduce the maximum debt-to-income ratio for loans backed by the government’s First Home Loan Deposit Scheme.

August 13, 2020

The brokerage has grown its team by appointing a national manager of partner acquisition for Marketplace.finance.

August 13, 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 14 August.

August 13, 2020
The head of a finance brokerage has called out the shortcomings of the government’s SME Guarantee Scheme, after official statistics show there ...
August 12, 2020
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meeting room Aggregator heads to consult with government over credit changes

Several leaders of aggregation groups have noted the government...

CBA ING ta CBA, ING slash variable rates ahead of touted RBA move

The lenders have reduced variable mortgage rates for both owner-o...

closed sign Government announces small-business insolvency reforms

The federal government has announced a range of small-business in...

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