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Breaking News
‘Customers trust brokers’, says bank MD
by • 24 Dec 2021
The driving force behind MyState Bank’s “extraordinary growth” is customer satisfaction and trust with brokers.
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The biggest property headlines from the week 20-24 December
by reporter • 24 Dec 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 24...
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First female ACCC chair announced
by • 24 Dec 2021
The federal government has announced Gina Cass-Gottlieb as the new chair to head the ACCC for the next five years.
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Financial Services and Credit Panel granted statutory powers
by Annie Kane • 23 Dec 2021
The Financial Services and Credit Panel is set to be given new powers, commencing 1 January 2022.
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AFG completes aggregator acquisition
by Annie Kane • 23 Dec 2021
The major aggregator has completed its acquisition of a 75 per cent stake in Fintelligence.
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SME lender restructures $25m of debt
by reporter • 23 Dec 2021
Fintech lender Tradeplus24 has restructured a quarter of a billion dollars to underpin a debt facility and reduce...
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Government commits additional $500m for affordable homes
by Annie Kane • 22 Dec 2021
The federal government is providing an additional $500 million in low-cost financing to support 2,500 more social and...
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Feedback required on business securitisation fund
by Annie Kane • 22 Dec 2021
Stakeholders are being urged to submit their thoughts regarding the effectiveness of the Australian Business...
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7/10 small businesses optimistic for next six months
by • 22 Dec 2021
While the majority are looking positively to the future, according to new Zip Business data, one in two are struggling...
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Westpac completes sale of vehicle loan book
by Annie Kane • 21 Dec 2021
The big four bank has completed the sale of its $1-billion wholesale dealer loan book to Angle Auto Finance, with...
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Sherlok closes $1.5m seed round
by • 21 Dec 2021
The automated repricing and home loan refinancing company has closed its seed round after raising $1.5 million from...
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Seed Money Australia co-founder joins Wisr board
by • 21 Dec 2021
The personal lender has confirmed that the joint-creator of the not-for-profit will soon be joining its non-executive...
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Non-major banks continue to be broker darlings
by reporter • 20 Dec 2021
Ninety-one per cent of brokers sent loans to non-major banks in November, as the major banks continue to fall in...
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Resimac unveils new CX leadership role
by • 20 Dec 2021
The non-bank has shuffled its senior management team, naming Daniel Carde to a new position “crucial” to its...
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MoneyMe to acquire SocietyOne
by Annie Kane • 17 Dec 2021
Non-bank lender MoneyMe is set to acquire SocietyOne for approximately $132 million.
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SocietyOne expands partnership with aggregation group
by • 17 Dec 2021
The non-bank lender is taking further steps into the broking space, boosting its offerings under Loan Market Group.
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MoneyQuest partners with Brighten for new white label loan
by reporter • 17 Dec 2021
The franchise brokerage has rolled out a new suite of white label loans funded by Brighten Home Loans.
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Refinancing platform partners with Redrock Group
by • 17 Dec 2021
A deal between Sherlok and the mortgage broking business has been finalised, introducing the AI technology to...
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Product comparison tech tool launches for brokers
by reporter • 17 Dec 2021
A new product comparison tool has been launched that can be embedded into a broker’s website to enable their...
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Hot Property: The biggest property headlines from the week 13-17...
by reporter • 17 Dec 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 17...
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Equipment finance loans up 341% over 2 years: NAB
by Malavika Santhebennur • 16 Dec 2021
NAB small business customers have been rushing to secure equipment finance loans as farmers around Australia have been...
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Lumi raises $20m to fund ‘aggressive growth’
by Annie Kane • 16 Dec 2021
The fintech lender will launch new products and double its staff next year as it targets “aggressive growth”...
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New year, new owner for Finsure
by Sarah Simpkins • 15 Dec 2021
ASX-listed asset manager, corporate advisory and lender MA Financial is set to acquire Finsure for around $151.6...
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Top insights of 2021 from SME finance leaders
by Annie Kane • 15 Dec 2021
Leaders from the business finance space have revealed their insights for the year 2021 during an online webinar.
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Bluestone hires BDMs
by • 15 Dec 2021
The non-bank lender has appointed two new business development managers to serve in its Victoria-based team.
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