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Breaking News
Home loan support offered to NSW flood victims
by Annie Kane • 5 Jul 2022
Following major flooding and significant rainfall in NSW, lenders have begun offering impacted borrowers with support.
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Accountants to decline ‘capacity to repay’ requests
by Annie Kane • 5 Jul 2022
Several accountancy associations have advised members to decline requests to provide “capacity to repay”...
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FBAA membership surpasses 10,000 milestone
by Adrian Suljanovic • 5 Jul 2022
The broker association saw its membership surpass 10,000 people for the first time in financial year 2021, and has...
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QPF acquires majority interest in asset finance company
by Annie Kane • 5 Jul 2022
A subsidiary of COG Financial Services Limited has acquired a 70 per cent interest in Chevron Equipment Finance for...
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Expanded Home Guarantee Scheme launches
by Annie Kane • 4 Jul 2022
From 1 July, 40,000 new places under the federal government’s Home Guarantee Scheme have become available to help...
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BMM expands SMSF loan product
by Annie Kane • 4 Jul 2022
The mortgage manager has increased the limit of its Aspire SMSF product to $3 million and removed fees and rate loading...
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MoneyMe completes inaugural term securitisation transaction
by • 4 Jul 2022
The lending group’s first term securitisation of personal loan customer receivables has completed, an update that’s...
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Mortgage industry raises more than $160k in CEO Sleepout
by Annie Kane • 1 Jul 2022
Brokers and chief executives of the mortgage and finance industry have raised more than $168,000 to help support those...
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New membership program revealed for The Adviser
by Reporter • 1 Jul 2022
The Adviser (www.theadviser.com.au) has announced a host of new benefits and value for brokers via its new membership...
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Hot Property: The biggest property headlines from the week 27 June to...
by Reporter • 1 Jul 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 1...
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AFG to withdraw Sparc loan following Volt closure
by Annie Kane • 30 Jun 2022
Following the “disappointing” news that Volt Bank is to close, Australian Finance Group has confirmed that it will...
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New Broker Academy 2022 to help ‘ignite’ brokerages
by Malavika Santhebennur • 30 Jun 2022
Registrations have opened for The Adviser’s New Broker Academy, a free event set to help new and prospective brokers...
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NAB reports invoice finance boost of over 20%
by • 30 Jun 2022
The major bank has witnessed a lift in the popularity of invoice financing, with retail and wholesale trade driving...
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Volt Bank to hand back deposits and banking licence
by Annie Kane • 29 Jun 2022
Neo-lender Volt Bank is handing back customer deposits and will exit the banking industry, it has been revealed.
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Brokers feel the pinch amid construction folds
by • 29 Jun 2022
As construction industry collapses have left thousands of Australians with half-finished homes, brokers are left...
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Financial services firms announce merger, eye broking arm growth
by Annie Kane • 29 Jun 2022
Two Brisbane-based wealth businesses are set to merge to create a multidisciplinary professional services firm, with a...
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Fintech lender Funding launches new broker portal
by reporter • 29 Jun 2022
Non-bank lender Funding.com.au has launched its first broker portal, enabling brokers to lodge and track their...
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Former ANZ employee banned for 5 years
by reporter • 28 Jun 2022
ASIC has banned a former ANZ employee for five years after finding he failed to take steps to verify home loan...
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Brokers prepare clients for rate rises
by • 28 Jun 2022
Brokers are recommending some borrowers make larger repayments to lessen the blow of rising interest rates.
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Will NSW’s new property tax impede servicing?
by reporter • 28 Jun 2022
Following the NSW government’s move to introduce an optional property tax next year, brokers are questioning how...
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Elite Broker Q&A: Liz Zaki, OneSite Finance
by • 28 Jun 2022
After more than 17 years in the broking industry, we speak with Liz Zaki about her journey into broking and how...
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Former EFTPOS CEO to join Plenti board
by • 28 Jun 2022
The lending group has named its next non-executive director, announcing that Stephen Benton will be joining the group...
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Brokers now recognised on WA Offer and Acceptance form
by Annie Kane • 27 Jun 2022
Following engagement with the MFAA, the Real Estate Institute of Western Australia has amended its Offer and Acceptance...
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NAB lending rides on rise of local business
by Reporter • 27 Jun 2022
Lending to Aussie manufacturers at the big four bank has risen by 15 per cent in the last year, as demand has shot...
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Grow launches low-doc, no deposit asset finance loan
by reporter • 27 Jun 2022
The SME lender has created a new low-doc loan for cars, vans and utes that require no deposit.
READ MORE
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