Breaking News
Concerns raised over unconditional approvals
by • 14 Apr 2020
The MFAA is working to ascertain how lenders will treat borrowers with unconditional approvals that are facing...READ MORE
Aggregator launches COVID-19 Action Plan calculator
by • 14 Apr 2020
AFG has released a new calculator that helps brokers explain to customers how repayment variations on their loans will... READ MORE
ING lowers commercial variable rates
by • 14 Apr 2020
The non-major has lowered commercial lending variable rates by 35 bps for existing customers... READ MORE
JobKeeper package sails through Parliament
by • 14 Apr 2020
The federal government’s $130-billion support package aimed at helping employers retain their staff has passed the... READ MORE
Home loan volumes record pre-COVID slip
by • 9 Apr 2020
Both the value and number of new home loans declined ahead of the economic shock caused by the coronavirus outbreak,... READ MORE
ACCC expands SFSF administration
by • 9 Apr 2020
The ACCC has granted interim permissions for ASF members to jointly assist in the administration of the government’s... READ MORE
Gateway tightens lending conditions
by • 9 Apr 2020
The non-major lender has announced changes to its credit policy to reflect economic uncertainty from the coronavirus... READ MORE
86 400 secures $90m equity raise
by • 9 Apr 2020
Neobank 86 400 has announced that it has secured a $34-million series A capital raise, bringing its total figure for... READ MORE
Brokers should buckle down for the long haul: Choice
by Charbel Kadib • 8 Apr 2020
The aggregator has encouraged brokers to change their mindsets and prepare their businesses for “long-term... READ MORE
Non-bank appoints inaugural head of distribution
by • 8 Apr 2020
Non-bank lender Brighten Home Loans has announced the appointment of Natalie Sheehan to the newly created role of head... READ MORE
RBA leaves rates unchanged
by • 8 Apr 2020
The central bank has left the official cash rate unchanged at 0.25 per cent and has reiterated its stance on negative... READ MORE
How to build a ‘heart team’
by • 8 Apr 2020
The co-founder and board director of R U OK?, Graeme Cowan, reveals his top tips for running a resilient and... READ MORE
How non-bank lenders are pivoting amid COVID-19
by • 7 Apr 2020
As the coronavirus pandemic continues to disrupt the economy and impact funding lines, several non-bank lenders have... READ MORE
Neobank joins Buyers Choice lender panel
by • 7 Apr 2020
86 400 has signed an agreement with brokerage and sub-aggregator Buyers Choice to join its lender panel.
READ MOREMyState, Heritage tighten risk appetites
by • 7 Apr 2020
The non-majors have joined several lenders in revising their credit risk appetites in response to credit quality... READ MORE
MFAA launches broker mental health program
by • 7 Apr 2020
The broking association has launched a new virtual program to assist brokers in handling their own stress, as well as... READ MORE
ACCC delays decision on AFG-Connective merger
by • 6 Apr 2020
AFG has confirmed that the ACCC’s decision on its proposed $120-million merger with Connective has been delayed upon... READ MORE
PM demands banks to ‘come to the party’ on rental relief
by • 6 Apr 2020
Banks will need to play their part in providing loan repayment relief to landlords, as measures to offer tenants rental... READ MORE
Resimac signs digital VOI partnerships
by • 6 Apr 2020
The non-bank lender has announced two new solicitor partnerships so brokers can originate home loans without needing to... READ MORE
NAB receives 50,000 loan relief requests
by • 6 Apr 2020
The major bank has reported that it has received requests from more than 50,000 customers wanting access to its... READ MORE
Calls for BID introduction to be delayed
by • 3 Apr 2020
Industry heads have been “working tirelessly” to delay the introduction of the best interests duty obligations for... READ MORE
Royden D’Vaz joins Loan Market
by • 3 Apr 2020
Former Bluestone executive Royden D’Vaz has joined Loan Market as its new state director for Western... READ MORE
ABSF announces its first $250m investment
by • 3 Apr 2020
The federal government’s funds manager has revealed the recipient of its first $250-million tranche of investment to... READ MORE
COVID-19 business confidence survey launches
by • 3 Apr 2020
A new monthly business confidence survey has launched today seeking to uncover the impacts of COVID-19 on Australian... READ MORE
Scottish Pacific acquisition of CML progresses
by • 2 Apr 2020
The acquisition of debtor finance specialist CML Group by Scottish Pacific has progressed further after the main... READ MORE
Heritage welcomes two new executive members
by • 2 Apr 2020
A Queensland-based bank has announced two permanent appointments to its executive... READ MORE
Clients need guidance on bank loan relief, says broker
by • 2 Apr 2020
With banks releasing various loan relief packages amid the coronavirus pandemic, a Western Australia-based Loan Market... READ MORE
Bank revises commissions policy
by Charbel Kadib • 1 Apr 2020
A lender has announced changes to its broker remuneration model.
READ MORENextGen.Net launches digital document verification
by • 1 Apr 2020
The technology solutions provider has launched a new digital document verification service to enable loans to continue... READ MORE
Lenders sharpen focus on serviceability
by • 1 Apr 2020
A number of credit providers have revised their lending policies in response to growing economic uncertainty fuelled... READ MORE

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