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Breaking News
ATO to act on SME tax debt, brokers warned
by Malavika Santhebennur • 29 Sep 2021
SMEs and their brokers have been urged to be vigilant as the ATO begins acting on powers to disclose SME tax debt to...
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Qld tourism injected with $70m grants
by Malavika Santhebennur • 29 Sep 2021
Tourism and hospitality businesses in Queensland that are facing significant hardship due to the COVID-19 crisis will...
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Lenders begin releasing ‘target markets’ for loans
by Annie Kane • 28 Sep 2021
Target market determinations for mortgage products are starting to be released by lenders, ahead of the new laws coming...
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Paperwork burden driving borrowers to brokers: Survey
by Annie Kane • 28 Sep 2021
Navigating home loan paperwork is one of the top reasons consumers use brokers, a new survey from non-bank lender...
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Judo Bank commits to SME Recovery Loan Scheme
by Annie Kane • 28 Sep 2021
The SME bank will be participating in the revamped SME Recovery Loan Scheme, which will launch on Friday (1 October).
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Concerns flagged over housing supply shortage
by Malavika Santhebennur • 28 Sep 2021
A property body has raised housing affordability concerns in NSW after data showed a decline in the number of new homes...
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Proportion of female brokers drops to new low
by Annie Kane • 27 Sep 2021
The number and proportion of female brokers have dropped to a record low, according to the MFAA.
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CBA streamlines serviceability for self-employed borrowers
by Annie Kane • 27 Sep 2021
The major bank has “simplified” its serviceability and assessment process for some self-employed borrowers,...
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ANZ customers sent $77m to scammers, reveals CEO
by • 27 Sep 2021
The chief executive of the major bank has informed MPs that increasing cyber attacks, and challenges in reporting...
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Resimac announces reduction in interest rate
by • 27 Sep 2021
The non-bank lender has confirmed it will lower the interest rates for its Prime and Prime Flex packages.
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Major bank CEOs flag SME ‘pressure’
by Annie Kane • 24 Sep 2021
The heads of CBA and ANZ have acknowledged to MPs the growing pressures facing SMEs, but noted that only a small...
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CAFBA announces board changes
by Annie Kane • 24 Sep 2021
The broker association has announced board changes following the resignation of Renee Tocco, as she pursues a new...
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SME revenue divide expected to widen: ScotPac
by • 24 Sep 2021
Half of SMEs expect revenue to grow this year but a record proportion is also bracing for revenue decline, according to...
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Suncorp introduces green cashback bonus
by Annie Kane • 24 Sep 2021
The non-major bank is offering up to $3,000 to mortgage customers with solar systems installed on their homes.
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Hot Property: The biggest property headlines from the week 20-24...
by Reporter • 24 Sep 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending...
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Mortgage brokers writing commercial loans hit high
by Sarah Simpkins • 23 Sep 2021
The number of mortgage brokers branching into commercial loans has surpassed previous records, while the value of...
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Asset finance neo-lender launches to broker channel
by Annie Kane • 23 Sep 2021
A new fintech backed by Resimac has launched, aiming to overcome broker pain points when writing asset and equipment...
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ASX-listed lender joins FAST panel
by • 23 Sep 2021
A personal lender has become the latest addition to the aggregator’s lender panel.
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34% of Australians know someone who has lost $150k in a scam
by • 23 Sep 2021
The ABA has launched a new campaign highlighting the growing threat of scams, after finding that one in three...
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Former Westpac head of third party to lead BOQ business bank
by Annie Kane • 22 Sep 2021
The non-major bank has announced the appointment of a former Westpac head of third party as its new group...
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Climate change threatens property values: RBA
by Sarah Simpkins • 22 Sep 2021
A number of regions could see a material decline in housing prices due to physical risk from climate change, according...
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22% of investors say they’re unable to refinance
by • 22 Sep 2021
A fifth of investors are unable to refinance at an amount they were previously able to borrow, according to a new...
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Prospa acquires brokerage
by Annie Kane • 21 Sep 2021
The SME lender has acquired a commercial finance brokerage and welcomed its director to the team as northern regional...
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Stamp duty, supply blocking housing affordability: REA
by Sarah Simpkins • 21 Sep 2021
Reforming stamp duty, increasing housing supply and further extending home-buyer assistance would help housing...
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First home buyers flee big cities
by Annie Kane • 21 Sep 2021
Analysis of broker-originated loans has shown that their first home buyer clients are increasingly looking outside of...
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