Breaking News
RBA makes cash rate call for April
by • 6 Apr 2021
The RBA has announced its official cash rate decision for the month of April.
READ MORELoan commitments dip for first time in months
by • 6 Apr 2021
New mortgage commitments have declined for the first time since May 2020, with new loan commitments for owner-occupier... READ MORE
New SME loan enables brokers to set price
by • 6 Apr 2021
SME lender Capify has launched a new business loan that enables brokers to “select” the rate price for their... READ MORE
Hot Property: The biggest property headlines from the week 29 March...
by • 6 Apr 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 2... READ MORE
Majors release SME Recovery Loan Scheme products
by • 2 Apr 2021
The big four banks have announced the details of their SME Recovery Loan Scheme products, which commenced on 1... READ MORE
RLO repeal will make borrowers more responsible: Sukkar
by • 1 Apr 2021
The Assistant Treasurer has acknowledged that borrowers currently bear “limited responsibility” for providing... READ MORE
Home Loan Connexion joins MAB
by • 1 Apr 2021
The Queensland-based brokerage, headed up by Ian Cain and Tracy Kearey, has become the latest broking business to join... READ MORE
Loan Market appoints marketing manager
by • 1 Apr 2021
The major brokerage has made the digital marketing appointment to support it with automating marketing solutions, it... READ MORE
Plenti increases automotive funding capacity
by • 1 Apr 2021
The fintech lender has increased the limit of its automotive warehouse from $275 million to $350... READ MORE
‘Great unknown’ of how AFCA will view BID
by • 31 Mar 2021
The way AFCA treats broker complaints brought under the new best interests duty remains the “great unknown” until a... READ MORE
Banjo launches short-term, unsecured loan for SMEs
by • 31 Mar 2021
Fintech lender Banjo Loans has soft launched a new short-term working capital loan for small... READ MORE
AFG appoints managers in NSW, WA
by • 31 Mar 2021
The aggregator has appointed a partnership manager in NSW and a sales manager in Western Australia.
READ MOREACCC clears the way for NAB’s 86 400 acquisition
by Annie Kane • 30 Mar 2021
The competition watchdog has said that it will not oppose the proposed acquisition of neobank 86 400 by National... READ MORE
Government extends loan scheme to flood-hit SMEs
by • 30 Mar 2021
The federal government will extend the SME Recovery Loan Scheme to provide support to flood-affected... READ MORE
Ex-broker charged with fraud
by • 30 Mar 2021
A former finance broker who was previously permanently banned from engaging in credit activities has been charged with... READ MORE
Loan Market sees rise in automated communication
by • 30 Mar 2021
The major brokerage has recorded a quarterly surge in its brokers’ usage of automated communications in 2021, it... READ MORE
REA Group to acquire Mortgage Choice
by • 29 Mar 2021
The multinational property services group has announced a proposal to acquire 100 per cent of Mortgage Choice for $244... READ MORE
Credit union expands broker channel reach
by • 29 Mar 2021
The credit union has launched in Victoria’s broker market, expanding its push into the state with 600 brokers from... READ MORE
Small business review service made permanent
by • 29 Mar 2021
The ATO has announced that its independent review service for tax disputes will be available permanently to eligible... READ MORE
Home values up 400% in 30 years: study
by • 29 Mar 2021
Property values have soared over the last 30 years, while the average mortgage provided by Aussie has grown more than... READ MORE
Rising number of SMEs look to access credit
by • 29 Mar 2021
One in four small businesses intends to take out a borrowing product this year, providing a growing opportunity for... READ MORE
Brokers reveal the top trends in commercial finance
by • 26 Mar 2021
Businesses are increasingly looking to purchase commercial premises and turning to non-bank lenders to access relevant... READ MORE
ASIC to enforce BID under proposed RLO changes
by • 26 Mar 2021
ASIC has said that it will be responsible for administering and enforcing broker BID rules if and when the responsible... READ MORE
Major brokerage launches online community
by • 26 Mar 2021
Brokers operating under the major brokerage are now able to access an online network community and video library to... READ MORE
Hot Property: The biggest property headlines from the week 22-26 March
by • 26 Mar 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 26... READ MORE
AFG adds short-term lender to panel
by • 25 Mar 2021
The aggregator has added a short-term private lender to its lender panel, marking the first time a short-term lender... READ MORE
Trainee incentive ‘game changer’ for brokers: brokerage
by • 25 Mar 2021
Loan Market has posited that the broking sector is “best placed” to take advantage of the government’s extension... READ MORE
Broker sentenced in false statement case
by • 25 Mar 2021
A NSW broker has been sentenced to good behaviour bond for failing to ensure that he did not make a false or misleading... READ MORE
NSW, Vic to ease COVID-related restrictions
by • 25 Mar 2021
The NSW and Victorian governments are moving to ease a number of COVID-19-related restrictions, effective this... READ MORE
Connective launches turnaround time dashboard
by • 24 Mar 2021
The aggregator is piloting a new tool that gives brokers insights into the volume and quality of applications that a... READ MORE

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