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Breaking News
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 SMEs.
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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...
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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...
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Wisr joins mortgage aggregator panel
by • 8 Sep 2021
The lender has joined the lender panel of one of Australia’s largest aggregators, PLAN Australia.
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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...
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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...
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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...
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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.
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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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