Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

RBA highlights SME finance ‘challenge’

RBA highlights SME finance ‘challenge’
by Annie Kane • 18 Mar 2021
The RBA’s assistant governor (financial markets) has acknowledged the “longstanding challenge” that SMEs face in... READ MORE

BID to ‘intersect’ with design and distribution obligations
by Malavika Santhebennur • 18 Mar 2021
The incoming design and distribution obligations will “intersect” with BID, as lenders examine the “competency”... READ MORE
Only 3.5% of deferred loans still in deferral: ABA

Only 3.5% of deferred loans still in deferral: ABA
by Malavika Santhebennur • 18 Mar 2021
New figures have revealed that almost 97 per cent of all deferred loans resumed repayments by the end of February. READ MORE
RedZed opens Sydney office

RedZed opens Sydney office
by reporter • 18 Mar 2021
Self-employed lender RedZed Lending Solutions has opened new company premises in Sydney, as it looks to provide a base... READ MORE
Third-party originated loans rise 28%: APRA

Third-party originated loans rise 28%: APRA
by Annie Kane • 17 Mar 2021
More than $69 billion of new residential loans at the banks were originated by the third-party channel in the December... READ MORE
Due diligence key in choosing private lender

Due diligence key in choosing private lender
by Malavika Santhebennur • 17 Mar 2021
Brokers considering a private lender for clients need to research the parties behind the lender, who their funding... READ MORE
NAB announces new head of broker

NAB announces new head of broker
by Annie Kane • 16 Mar 2021
The major bank has announced its new executive, broker distribution, filling the void left by the departure of Steve... READ MORE
RLO repeal would reduce ‘policy creep’: CAFBA

RLO repeal would reduce ‘policy creep’: CAFBA
by Annie Kane • 16 Mar 2021
As politicians debate the bill to repeal responsible lending, CAFBA has said that repealing the obligations would help... READ MORE
Better Business Summit 2021

Better Business Summit 2021 agenda revealed
by reporter • 16 Mar 2021
Saroo Brierley, whose autobiography was turned into the award-winning movie Lion, and Thankyou Water founder and... READ MORE
FAST adds SME lender to panel

FAST adds SME lender to panel
by Malavika Santhebennur • 16 Mar 2021
The aggregator has added Moula to its lender panel, which the lender said would grow its presence in the third-party... READ MORE
Finalists revealed for the Better Business Awards 2021

Finalists revealed for the Better Business Awards 2021
by reporter • 15 Mar 2021
The finalists for The Adviser’s state-based Better Business Awards 2021 have been revealed, with 645 finalists in the... READ MORE
‘Strong reservations’ with ASIC’s ‘overreaching’: FBAA

‘Strong reservations’ with ASIC’s ‘overreaching’: FBAA
by Annie Kane • 15 Mar 2021
While welcoming the Senate committee’s position on removing RLOs and extending BID, the managing director of the FBAA... READ MORE
Sydney property prices reach new record high

Sydney property prices reach new record high
by Malavika Santhebennur • 15 Mar 2021
Sydney property prices have recovered from a slump in 2019 and during the COVID-19 crisis to reach a new record high,... READ MORE
SFG appoints new national operations manager

SFG appoints new national operations manager
by Annie Kane • 15 Mar 2021
The aggregation group has hired a former PLAN Australia partnerships manager and BDM as its national operations... READ MORE
Senate inquiry backs BID extension

Senate inquiry backs BID extension
by Annie Kane • 12 Mar 2021
The Senate economics legislation committee has recommended that the bill extending best interests duty to more brokers... READ MORE
Resimac settles $1.5bn RMBS deal

Resimac settles $1.5bn RMBS deal
by Malavika Santhebennur • 12 Mar 2021
The non-bank lender has announced the completion of its largest RMBS deal since 2006 valued at $1.5 billion, and its... READ MORE
Hot Property: The biggest property headlines from the week 8-12 March

Hot Property: The biggest property headlines from the week 8-12 March
by Reporter • 12 Mar 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 12... READ MORE
Government to expand SME Loan scheme

Government to expand SME Loan scheme
by Annie Kane • 11 Mar 2021
The Treasurer has announced that the scheme will expand and extend, taking loans up to $5 million and helping... READ MORE
Two-fifths of COVID-19 AFCA complaints about credit

Two-fifths of COVID-19 AFCA complaints about credit
by Annie Kane • 11 Mar 2021
Forty-one per cent of COVID-19 complaints lodged with the complaints authority related to credit, with the majority of... READ MORE
Business groups issue succession planning guide

Business groups issue succession planning guide
by Malavika Santhebennur • 11 Mar 2021
The SME ombudsman has released a new online guide to succession planning, which includes tips on how to handle family... READ MORE
Major bank launches financial wellbeing grants

Major bank launches financial wellbeing grants
by Annie Kane • 11 Mar 2021
A big four bank is offering grants of up to $30,000 available for charitable organisations around Australia to fund... READ MORE
Steve Kane joins Loan Market

Steve Kane joins Loan Market
by Annie Kane • 10 Mar 2021
The former NAB executive has come out of retirement to join Loan Market and steer the group’s transition as it... READ MORE
Why this broker split processing and packaging teams

Why this broker split processing and packaging teams
by Malavika Santhebennur • 10 Mar 2021
Shore Financial’s Christian Stevens shares how working with both a processing and packaging team to manage new... READ MORE
ASIC defends higher industry levies

ASIC defends higher industry levies
by Reporter • 9 Mar 2021
The financial services regulator has responded to concerns that it has substantially upped its levies, outlining... READ MORE
Amfin welcomes new COO

Amfin welcomes new COO
by Annie Kane • 9 Mar 2021
The asset finance brokerage has appointed a former BOQ COO and transformation specialist as its new chief operating... READ MORE