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Prospa prices 1st ABS
by Malavika Santhebennur • 13 Sep 2021
The SME lender has priced its first public ABS of $200 million, which was supported by small-business loans.
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Bluestone drops rates, fees, launches new offset feature
by Annie Kane • 13 Sep 2021
Rates, fees, and loadings will be dropped across a range of Bluestone products this Friday, and a new offset feature... READ MORE
Brokers urged to prioritise cyber security
by Malavika Santhebennur • 10 Sep 2021
Brokers have been increasingly targeted by cyber criminals and should be prioritising cyber security to protect their... READ MORE
Refinancing predicted to increase over next 2 years
by • 10 Sep 2021
Refinancing figures will rise over the next 24 months, says the Sherlok chief executive, highlighting the need and... READ MORE
Liberty backs new SME bank
by • 10 Sep 2021
A new bank targeting small businesses, backed by Liberty Financial Group, is set to launch after receiving a restricted... READ MORE
Hot Property: The biggest property headlines from the week 6 to 10...
by Reporter • 10 Sep 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 10... READ MORE
David Coleman MP reveals how businesses can break the stigma on...
by reporter • 9 Sep 2021
MOMENTUM MEDIA EXCLUSIVE: The Assistant Minister to the Prime Minister for Mental Health and Suicide Prevention, David... READ MORE
Brokers called to ask R U OK?
by Sarah Simpkins • 9 Sep 2021
Brokers have been encouraged to focus on mental health for this year’s R U OK? Day, as concerns have risen through... READ MORE
Recruit now, pay later product launched for brokers
by • 9 Sep 2021
Workforce finance provider APositive has released a new recruitment payment product, targeted towards brokers.
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Majority of SMEs struggling under COVID-19 restrictions
by • 9 Sep 2021
A broker survey has suggested that COVID regulations are creating a cash-flow crisis for... READ MORE
Ex-Macquarie Capital MD to join Wisr board
by Sarah Simpkins • 9 Sep 2021
The personal lender has revealed it is considering the addition of another board director or two, as it has secured a... READ MORE
Guidance on new breach reporting regime released
by Annie Kane • 8 Sep 2021
The steps brokers will need to take to comply with the incoming breach reporting regime have been outlined by ASIC in... READ MORE
Wisr joins mortgage aggregator panel
by • 8 Sep 2021
The lender has joined the lender panel of one of Australia’s largest aggregators, PLAN... READ MORE
Victorian SME COVID support extended
by • 8 Sep 2021
With Victoria’s lockdown to continue until the end of September, additional financial support has been announced for... READ MORE
RBA declares September cash rate
by Sarah Simpkins • 7 Sep 2021
The Reserve Bank has revealed its cash decision for September, amid ongoing lockdowns across the country.
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AUSTRAC flags broker fraud among banking risks
by Sarah Simpkins • 7 Sep 2021
The regulator has warned the banks they have high exposure to criminal activity, while reporting cases of... READ MORE
Asset finance group celebrates record FY21
by Annie Kane • 7 Sep 2021
An ASX-listed asset finance group saw settlements grow 14 per cent to $5.2 billion in the financial year 2021, marking... READ MORE
Nectar Mortgages doubles monthly settlements
by • 7 Sep 2021
The franchise brokerage has more than doubled its monthly settlement figure in less than a year.... READ MORE
1.2m Australians scammed in the past year
by • 7 Sep 2021
COVID-19 has escalated scam prevalence, with more than 1.2 million Australians affected in the last 12 months,... READ MORE
Turnaround delays impacting broker client satisfaction
by Annie Kane • 6 Sep 2021
EXCLUSIVE: The lengthy delays affecting broker-lodged loans have negatively impacted how borrowers view the broker... READ MORE
Bluestone expands broker support
by Annie Kane • 6 Sep 2021
The non-bank lender has welcomed six new broker support team members, as well as six new underwriters, as it ramps up... READ MORE
Suncorp to withdraw 2 lending offerings
by • 6 Sep 2021
The non-major bank has confirmed that it has begun the process of grandfathering and withdrawing two of its business... READ MORE
New FHLDS applications need Notice of Assessment
by Annie Kane • 6 Sep 2021
Applications for the government-backed First Home Loan Deposit Scheme now need to have Notice of Assessments to be... READ MORE
Brokers urged to prepare for new laws
by Malavika Santhebennur • 3 Sep 2021
Brokers have been advised to understand what actions they need to take when the “next wave” of regulatory changes... READ MORE
ScotPac partners with fintech to hasten approvals
by Annie Kane • 3 Sep 2021
The non-bank lender is to roll out a new data-driven lending platform powered by Trade Ledger, in a bid to accelerate... READ MORE
nMB sets a new record settlement year
by • 3 Sep 2021
National Mortgage Brokers settled $6.6 billion in the financial year 2021, with its loan book surpassing $20 billion... READ MORE
CBA launches green upgrade for commercial mortgages
by • 3 Sep 2021
The major bank has introduced a commercial property loan upgrade for businesses looking to reduce operating and... READ MORE
Hot Property: The biggest property headlines from the week 30 August...
by Reporter • 3 Sep 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 3... READ MORE
New non-bank lending group formed following merger
by Annie Kane • 2 Sep 2021
Several industry veterans, including former Pepper chief executive Patrick Tuttle, are to head up a newly created... READ MORE
Mutuals escaping ‘vicious cycle’ in merger mania: S&P
by Sarah Simpkins • 2 Sep 2021
The rise in consolidation among mutual lenders has reflected changing attitudes from management amid escalated margin... READ MORE
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