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Breaking News
Feedback sought on how banks meet deceased estates obligations
by Annie Kane • 11 Jul 2022
Brokers and consumers are being asked to provide feedback to an inquiry about how banks settle financial affairs in...
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Temporary CCR change brought in to protect family violence victims
by Annie Kane • 11 Jul 2022
ASIC has said it will temporarily allow lenders to withhold certain credit information on consumer credit reports if...
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‘Broken is an understatement’: Anglicare champions tax concession...
by • 11 Jul 2022
The charity network has called for a greater focus on improving affordability, suggesting that reducing investment tax...
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Zip to wind down SME trade finance products
by Annie Kane • 8 Jul 2022
Zip has confirmed that it is slimlining its SME lending arm, Zip Business, and withdrawing its trade finance...
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Borrowers expected to switch lenders amid rate hikes
by • 8 Jul 2022
Brokers prepare for a surge in refinancing, following the central bank’s decision to raise the cash rate by 50 bps.
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FHB schemes ineffective at bringing equity to housing: AHURI
by • 8 Jul 2022
Australia’s initiatives to allow first home buyers to enter the market are expensive and largely benefit existing...
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Hot Property: The biggest property headlines from the week 4-8 July
by • 8 Jul 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 8...
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Finalists for 2022 Australian Broking Awards revealed!
by Malavika Santhebennur • 7 Jul 2022
The Adviser is thrilled to announce that a total of 230 finalists have qualified to contest for the Australian Broking...
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Home owners in flood regions offered cash payments
by • 7 Jul 2022
The federal and NSW governments have confirmed that the Disaster Recovery Funding Arrangements has extended to those...
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Fifo invests further into BDM team
by • 7 Jul 2022
The SME lender has made further advancement towards business development, announcing Sam Henley as a new team member.
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MFAA launches near-prime, specialist loan resource
by • 6 Jul 2022
The industry body has, in tandem with Resimac, released a new guide designed to assist brokers with near-prime and...
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Specialist lender LoanU rebrands to Gedda
by Reporter • 6 Jul 2022
Personal loan provider LoanU has changed its name to Gedda, as it prepares for growth via the broker channel.
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CBA introduces AI technology to combat scams
by • 6 Jul 2022
The Commonwealth Bank has announced it will expand its artificial intelligence technology, in a bid to tackle growing...
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RBA attempts to curb runaway inflation
by • 5 Jul 2022
The Reserve Bank has continued its approach to fight inflation with a second 50-bp cash rate hike.
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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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