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Breaking News
Time to save for a home drops as affordability increases
by reporter • 10 Feb 2021
The time it takes to save for a house deposit has dropped by six months as a result of a rapid increase in housing...
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SME lender appoints COO
by Sarah Buckley • 10 Feb 2021
Business lender Grow Finance has appointed an SME lending specialist as its new chief operating officer to help manage...
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Macquarie Bank names new CEO
by Malavika Santhebennur • 9 Feb 2021
Macquarie has announced that it will welcome a new managing director and CEO following the retirement of Mary...
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NAB opens waitlist for FHLDS reissuance
by Annie Kane • 9 Feb 2021
The major bank is among the first to open a waitlist for those wishing to apply for one of the soon-to-be reissued...
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Lending to tighten if mortgage boom ramps up
by Malavika Santhebennur • 9 Feb 2021
An economist has predicted a tightening in lending standards if housing credit growth continues to accelerate, and has...
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Purple Circle partners with three lenders
by Malavika Santhebennur • 9 Feb 2021
The aggregator has welcomed three new lenders to its panel as it moves to provide members with “innovative lending...
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Aggregator appoints relationship manager
by Sarah Buckley • 9 Feb 2021
Outsource Financial has appointed a new relationship manager to support its NSW, ACT and SA portfolios.
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New dates announced for Better Business Awards 2021
by reporter • 8 Feb 2021
Due to strong demand for an in-person Better Business Summit 2021, this year’s conference and Better Business Awards...
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Broker fintech partners with RateCity
by reporter • 8 Feb 2021
Broker-oriented fintech company Effi and comparison website RateCity have formed a partnership to help match consumers...
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Former broker pleads guilty in ASIC case
by Sarah Buckley • 8 Feb 2021
A former broker has pleaded guilty to aiding and abetting his brokerage in knowingly making a false statement to...
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AFG creates ‘BID coach’ role
by Sarah Buckley • 8 Feb 2021
AFG has created the role of a ‘BID coach’ to assist its broker network in implementing BID measures into their...
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Lumi secures new warehouse facility
by Malavika Santhebennur • 5 Feb 2021
The SME lender has secured a $40-million warehouse facility that will enable it to expand its loan product offering.
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RedZed joins aggregator panel
by Malavika Santhebennur • 5 Feb 2021
The lender for self-employed borrowers has announced that it has joined Connective’s lending panel.
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Grow Finance partners with LG
by Sarah Buckley • 5 Feb 2021
The SME lender has been named as LG Solar and Energy’s preferred finance supplier.
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Hot Property: The biggest property headlines from the week 1-5...
by Reporter • 5 Feb 2021
Here’s the weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week...
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Major bank busted for misadvice: ASIC
by Sarah Buckley • 4 Feb 2021
Two Westpac subsidiaries have lost their appeal in the High Court and have been found to have breached financial...
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SME broker describes trends of 2020
by Sarah Buckley • 4 Feb 2021
A Victorian-based broker has explained the challenges and trends in asset finance this year and how he has managed his...
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Government to reissue unused FHLDS guarantees
by Annie Kane • 3 Feb 2021
The federal government has revealed that it is to reissue unused guarantees from the first tranche of the First Home...
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SocietyOne breaks into secured lending
by Annie Kane • 3 Feb 2021
The marketplace lender has launched its first secured personal loan as it prepares to ramp up to auto loans and looks...
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AFG partners with Symple
by Sarah Buckley • 3 Feb 2021
Australian Finance Group has partnered with Symple Loans to enable its broker members to access the lender’s personal...
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RBA announces February cash rate decision
by Malavika Santhebennur • 2 Feb 2021
The central bank has announced its cash rate decision for the month of February.
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New ACL application process following ASIC incident
by Annie Kane • 2 Feb 2021
The financial services regulator has outlined its stop-gap measure for new Australian Credit Licence applications, as...
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2020 closed with new record mortgage activity
by Malavika Santhebennur • 2 Feb 2021
The year 2020 closed with a new record in home loan commitments, as government stimulus helped revive the pre-COVID...
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Loan Market appoints new head of learning and development
by Sarah Buckley • 2 Feb 2021
The aggregation group has hired a new head of learning and development to deliver a national training program for its...
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Brokerage rolls out new broker tech offerings
by Sarah Buckley • 2 Feb 2021
A broker group has launched two new tech tools to help brokers meet the growing demand for new home building.
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