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Breaking News
AFG welcomes non-bank lender to panel
by Annie Kane • 2 Jun 2021
The aggregation company has welcomed a non-bank lender to its lender panel.
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RBA announces June rate decision
by Malavika Santhebennur • 1 Jun 2021
The RBA has revealed its official cash rate decision for June, as Victoria endures a fresh round of the COVID-19...
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86 400 launches direct offering
by Annie Kane • 1 Jun 2021
The neobank has launched its inaugural direct-to-consumer offering, making its Neat and Own home loans available to...
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Turnaround issue compounded by metric confusion: Connective CEO
by Annie Kane • 1 Jun 2021
While welcoming that more lenders are proactively publishing their turnaround time data, Connective CEO Glenn Lees has...
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Vic government launches $250.7m business grants package
by Sarah Simpkins • 1 Jun 2021
The state government has rolled out a $250.7 million package to support Victorian businesses hit by the latest snap...
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ALI Group partners with retail life insurer
by Malavika Santhebennur • 1 Jun 2021
The mortgage protection provider has partnered with Zurich Financial Services Australia to underwrite its life...
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New date for Better Business Summit Melbourne
by Annie Kane • 31 May 2021
Due to COVID-19 restrictions in Victoria, the Melbourne leg of the Better Business Summit and Better Business Awards...
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Latitude expects 70% profit growth
by Sarah Simpkins • 31 May 2021
The listed lender has forecast a half-year profit in the range of $115 million to $120 million, a rise of at least 70...
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Digital processes helping brokers in lockdown
by Sarah Simpkins • 31 May 2021
Digitisation and the experience of prior restrictions are helping brokers connect to their clients and do what they...
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1 in 8 SMEs failed to access additional funds: ABS
by Malavika Santhebennur • 31 May 2021
Around one in eight SMEs who sought additional funds over the last three months had been unsuccessful in obtaining the...
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Connective Select to offer digital signatures
by Malavika Santhebennur • 31 May 2021
The aggregator will introduce a digital option for Connective Select borrowers to sign their home loan offer...
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WA’s best brokers crowned at Better Business Awards 2021
by Annie Kane • 28 May 2021
The leading brokers in Western Australia have been crowned at the Perth Better Business Awards, run in partnership with...
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‘The bill is done’: Jacqui Lambie on RLO repeal
by Malavika Santhebennur • 28 May 2021
The government said that it would continue to work with the Senate crossbench on responsible lending reforms after...
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Turnaround times ‘critical’ to CBA’s strategy, Comyn says
by Sarah Simpkins • 28 May 2021
The CBA chief has said shaving turnaround times are a key component to the bank’s game plan looking forward, as it...
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Moneytech joins SME recovery scheme panel
by Malavika Santhebennur • 28 May 2021
The fintech lender has been accepted into the federal government’s SME Recovery Loan Scheme, available through direct...
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Hot Property: The biggest property headlines from the week 24-28 May
by Reporter • 28 May 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 28...
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Vic opposition vows to scrap stamp duty
by Malavika Santhebennur • 27 May 2021
The Victorian opposition party said that it would scrap the Labor government’s stamp duty tax increase on the family...
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REA Group-Mortgage Choice acquisition gets approved
by Malavika Santhebennur • 27 May 2021
The property services group said it has received approval from the Foreign Investment Review Board for its proposed...
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Property investor loans overtake first home buyers
by Sarah Simpkins • 27 May 2021
The mortgage market share occupied by property investors is now exceeding first home buyers, a property technology...
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Resi sector drives building work uptick: ABS
by Malavika Santhebennur • 27 May 2021
The value of building work done spiked over the March 2021 quarter, driven by the residential sector, according to new...
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Submissions open for Women in Finance Awards 2021
by Annie Kane • 26 May 2021
Nominations and submissions are now being accepted for the 28 categories of the fifth annual Women in Finance Awards.
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Plenti loan book up 61% YOY
by Malavika Santhebennur • 26 May 2021
The fintech lender has reported record loan originations and loan book value over FY21, which it said was driven by...
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Former Westpac, Xinja exec joins ScotPac
by Sarah Simpkins • 26 May 2021
Non-bank lender ScotPac has recruited a former Westpac and HSBC lead to fill its newly formed role of chief risk...
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Pepper Money officially lists on ASX
by Annie Kane • 25 May 2021
The non-bank lender has officially been admitted to the official list of ASX Ltd, with trading commencing on a...
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Strict policy and turnarounds are top finance barriers, say SMEs
by Annie Kane • 25 May 2021
Strict lender requirements and the time taken to obtain a funding decision are the top two challenges experienced by...
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