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Breaking News
Melbourne SME COVID support extended
by Malavika Santhebennur • 20 Aug 2021
As Melbourne faces another two weeks in lockdown, a new round of support has been announced for SMEs.
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SME lender targets brokers after profit surge
by Sarah Simpkins • 20 Aug 2021
Buy now, pay later group humm has seen a leap in profit from its SME lending division, with plans to keep the momentum...
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NAB explains key to speedy turnarounds
by Malavika Santhebennur • 20 Aug 2021
The major bank said that an experienced operations team, consistency and digital enhancements have contributed to it...
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Hot Property: The biggest property headlines from the week 16 to 20...
by Reporter • 20 Aug 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 20...
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Brokers ‘integral’ to merged Heritage-People’s Choice entity
by Annie Kane • 19 Aug 2021
The broker channel will play a key role in distributing loans for the newly proposed Heritage Bank-People’s Choice...
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86 400 joins FAST lender panel
by Annie Kane • 19 Aug 2021
The digital lender has joined the lender panel of FAST, making its products available to 1,200 brokers.
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Industrial sector weathers COVID storm: NAB
by Malavika Santhebennur • 19 Aug 2021
Sentiment in the industrial sector rose to a new high, while overall commercial property sentiment grew but remained...
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Broker hits $1bn settlement mark
by Malavika Santhebennur • 19 Aug 2021
MoneyQuest broker Paul Wright reached $1 billion in paid settlements this week, the Wollongong-based finance specialist...
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Territories launch new and extended COVID relief
by Malavika Santhebennur • 18 Aug 2021
The Northern Territory has released funding for SMEs impacted by lockdowns, while the ACT has extended its program in...
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Elders partners with asset finance platform
by reporter • 18 Aug 2021
The agribusiness specialist has partnered with fintech platform Nodifi to enable more brokers to offer asset finance...
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Listed lender partners with aggregator
by Malavika Santhebennur • 18 Aug 2021
An ASX-listed lender has partnered with Platform Finance to provide brokers with access to its car finance solution.
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Auswide Bank announces new WA BRM
by reporter • 18 Aug 2021
The Queensland-based bank has announced that WA brokers will soon have a new broker relationship manager,...
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Parliamentary committee to probe housing affordability
by Sarah Simpkins • 17 Aug 2021
A parliamentary committee is calling for submissions for a new inquiry into housing affordability and supply in...
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Non-major bank sees resi book grow 15%
by Annie Kane • 17 Aug 2021
A non-major lender has revealed its residential mortgage book grew 15 per cent in financial year 2021, with total...
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Personal lender joins outsource Financial panel
by reporter • 17 Aug 2021
A non-bank lender has been added to outsource Financial’s panel, making its personal loan products available to...
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Court orders CBA to publish misconduct notices
by reporter • 17 Aug 2021
The big four bank has been ordered to publish notices acknowledging “false or misleading conduct when it...
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Turnarounds continue to quicken
by Annie Kane • 16 Aug 2021
Turnarounds have improved for the fourth month in a row, with time to initial credit decision at its fastest...
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SME lender unveils rebrand
by Annie Kane • 16 Aug 2021
Business lender and payments provider Zip Business has rebranded as it unifies its branding across international...
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COVID SME grants extended to multiple states
by Malavika Santhebennur • 16 Aug 2021
SMEs across Melbourne, Queensland, Tasmania, and the ACT impacted by COVID-19 will receive support, while targeted...
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Non-major found to have used unfair contract terms
by Annie Kane • 13 Aug 2021
The Federal Court has found that a non-major lender used unfair terms in standard form SME loan contracts.
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ASIC to be ‘reasonable’ in enforcing new laws
by Annie Kane • 13 Aug 2021
The regulator will take a “reasonable approach” when enforcing the swathe of incoming financial services laws,...
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MFAA welcomes DDO changes
by Annie Kane • 13 Aug 2021
The broker association has welcomed Treasury’s move to amend mortgage broker obligations under the design and...
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Fintech, comparison site partner to help clients find brokers
by Malavika Santhebennur • 13 Aug 2021
Broker-oriented fintech Effi has partnered with a comparison site to enable brokers to build a profile on the site so...
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Aggregator adds fintech to panel
by Malavika Santhebennur • 13 Aug 2021
Loan Market has added a fintech to its panel that sources private lenders and connects brokers with them.
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Hot Property: The biggest property headlines from the week 9 to 13...
by Reporter • 13 Aug 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 13...
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