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Breaking News
Aggregator settlements up 42%
by Malavika Santhebennur • 30 Aug 2021
Finsure has reported growth in settlements and its loan book for FY21, while its broker numbers have exceeded 2,000.
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Vaccination targets ‘critical’ for economic recovery: NAB CEO
by reporter • 30 Aug 2021
National cabinet’s vaccination targets are “critical” to getting the economy back on track, the major bank...
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Aggregators should be helping guide broker laws: Sam White
by Annie Kane • 27 Aug 2021
As well as helping brokers with compliance, aggregators should be helping “shape” legislators’ views on how new...
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Wisr courting brokers on quest to $1bn book
by Sarah Simpkins • 27 Aug 2021
The neo-lender has flagged plans to increase its third-party distribution, as it strives to more than double its loan...
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Westpac completes onshoring of 1,000 jobs
by Annie Kane • 27 Aug 2021
The major bank has “brought back” 1,075 jobs to Australia to “improve service to customers”, including in...
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SME lender joins Lend partner panel
by • 27 Aug 2021
Business and payments provider Zip Business has been added to the partner panel of the SME platform.
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Hot Property: The biggest property headlines from the week 23 to 27...
by Reporter • 27 Aug 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 27...
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SMEs need early super, says senator
by Sarah Simpkins • 26 Aug 2021
A senator has argued for reopening the superannuation vault for early withdrawals, to help small businesses suffering...
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6 in 10 haven’t reviewed loan to refinance: Aussie
by Malavika Santhebennur • 26 Aug 2021
Despite most borrowers saying they are not confident that they have a good home loan deal, they have not sought to...
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Financial sector continues to be high cyber target
by • 26 Aug 2021
The financial services sector had the second-highest number of data breaches between January-July and is increasingly...
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Property valuations up by 23%: CoreLogic
by Malavika Santhebennur • 26 Aug 2021
CoreLogic has reportedly seen a jump in valuations ordered in the last year to June, partly driven by the digitisation...
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Government opens up criteria for SME Recovery Loan Scheme
by Annie Kane • 25 Aug 2021
The eligibility for the SME Recovery Loan Scheme has been expanded again to help assist SMEs dealing with the impacts...
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Pepper reveals record mortgage originations
by Annie Kane • 25 Aug 2021
Strong broker activity has helped deliver a 33 per cent rise in home loan originations, particularly from self-employed...
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Regional Vic, WA SMEs given COVID support
by Malavika Santhebennur • 25 Aug 2021
A cash grants package has been announced for businesses in regional Victoria, while a targeted package has been...
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AFG creates new broker role
by • 25 Aug 2021
The aggregator has created a new broker experience role to “supercharge” support for its brokers.
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RedZed reaches $5bn in originations
by Reporter • 25 Aug 2021
Specialist lender RedZed Lending Solutions has reached a milestone for the company, originating $5 billion in loans.
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Richard Pusey banned for 10 years
by Reporter • 24 Aug 2021
The former mortgage broker has been banned from engaging in credit activities and financial services.
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Government unveils draft reforms for unfair contract terms
by Sarah Simpkins • 24 Aug 2021
The government has released a draft bill aiming to combat unfair contract terms, with proposed changes including the...
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Prospa sees record Q4 after being ‘tested’ by COVID
by Sarah Simpkins • 24 Aug 2021
Brokers contributed to an 8 per cent rise in Prospa originations in the financial year 2021, and a record fourth...
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PLAN welcomes new lender to its panel
by reporter • 24 Aug 2021
The 1,600 brokers aggregating under PLAN Australia can now access loans from non-bank lender Oak Capital.
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Asset finance loans up 20% YOY: CBA
by Malavika Santhebennur • 24 Aug 2021
The major bank has reported that new business lending in asset finance grew in the financial year 2021 by the largest...
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Broker numbers are rising: FBAA
by Annie Kane • 23 Aug 2021
There are more credit representatives and licensees identifying as brokers, data released by the broking association...
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MyState channelling brokers to maintain growth
by Sarah Simpkins • 23 Aug 2021
The non-major bank has doubled down on its investments in the broker channel, in an effort to keep expanding its loan...
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Targeted COVID support released for NT SMEs
by Malavika Santhebennur • 23 Aug 2021
A new package worth over $12 million has been announced for tourism and hospitality businesses in the NT impacted by...
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Property market told to brace for more frequent natural disasters
by Maja Garaca Djurdjevic • 23 Aug 2021
Australia’s property market should brace itself for the impact of climate change and the potential extreme...
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