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Hot Property: The biggest property headlines from the past week

Hot Property: The biggest property headlines from the past week
by Annie Kane • 6 Oct 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the past week. READ MORE
Majority of brokers think aggregator offering has improved

Majority of brokers think aggregator offering has improved
by Annie Kane • 5 Oct 2020
Three-quarters of brokers have said that their aggregator’s offering has improved in the past year, according to... READ MORE
Plenti quarterly loan originations exceed $100m

Plenti quarterly loan originations exceed $100m
by Malavika Santhebennur • 5 Oct 2020
The non-bank lender has reported record quarterly loan originations, but said COVID-19 has impacted personal and energy... READ MORE
Consultation opens on CDR access for brokers

Consultation opens on CDR access for brokers
by Annie Kane • 2 Oct 2020
The ACCC has launched a consultation into proposed changes to the Consumer Data Right, which would enable “trusted... READ MORE
Second phase of SME Guarantee Scheme launched

Second phase of SME Guarantee Scheme launched
by Annie Kane • 2 Oct 2020
The second phase of the government’s Coronavirus SME Guarantee Scheme has launched, welcoming in new lenders and new... READ MORE
Red Cross to provide financial assistance in Victoria

Red Cross to provide financial assistance in Victoria
by Annie Kane • 2 Oct 2020
The Victorian government has commissioned the Red Cross to provide support payments to those in Victoria who are not... READ MORE
Research reveals how broker customers react to marketing

Research reveals how broker customers react to marketing
by Annie Kane • 2 Oct 2020
Broker customers and direct-to-lender customers value different marketing messages, new research has found. READ MORE
AFG partners with MAB in joint venture

AFG partners with MAB in joint venture
by Annie Kane • 1 Oct 2020
Major aggregator Australian Finance Group is set to become the joint venture partner of mortgage network Mortgage... READ MORE
ASIC takes short-term lenders to court

ASIC takes short-term lenders to court
by Malavika Santhebennur • 1 Oct 2020
The corporate watchdog has commenced proceedings in the Federal Court against two payday lenders for alleged unlicensed... READ MORE
Victoria SME grants now income tax free

Victoria SME grants now income tax free
by Adrian Flores • 1 Oct 2020
Grants provided to small businesses under the Victorian government’s $3-billion COVID-19 support package are now... READ MORE
Guiding SME clients to clinch finance

Guiding SME clients to clinch finance
by Malavika Santhebennur • 1 Oct 2020
Semper founder and director Andrew Way explains how brokers can assist SME clients obtain commercial loans, especially... READ MORE
Citi predicts broking industry to thrive

Citi predicts broking industry to thrive

by Annie Kane • 30 Sep 2020
A new report from Citi Research has flagged the “value” in the broking sector to investors, showcasing the... READ MORE
Capify reopens book after closing equity round

Capify reopens book after closing equity round
by Annie Kane • 30 Sep 2020
The SME lender has announced that it is actively looking to provide finance to Australian SMEs once again, after... READ MORE
Mortgage Choice rolls out new franchise package

Mortgage Choice rolls out new franchise package
by Annie Kane • 30 Sep 2020
The major brokerage has launched a new franchise joining package as it continues to ramp up its recruitment efforts. READ MORE
Lendi joins hands with comparison website

Lendi joins hands with comparison website
by Malavika Santhebennur • 30 Sep 2020
The online broking platform has partnered with comparison website iSelect, which will provide iSelect customers access... READ MORE
Aggregator heads to consult with government over credit changes

Aggregator heads to consult with government over credit changes
by Annie Kane • 29 Sep 2020
Several leaders of aggregation groups have noted the government’s proposed changes to responsible lending... READ MORE
CBA and ING

CBA, ING slash variable rates ahead of touted RBA move

by Reporter • 29 Sep 2020
The lenders have reduced variable mortgage rates for both owner-occupiers and investors, amid speculation of a cut to... READ MORE
Government announces small-business insolvency reforms

Government announces small-business insolvency reforms
by Adrian Flores • 29 Sep 2020
The federal government has announced a range of small-business insolvency reforms to help them restructure and survive... READ MORE
Jessie Moore

Loan Market appoints Qld growth manager
by Malavika Santhebennur • 29 Sep 2020
The major brokerage said it has appointed a new growth manager in Queensland to “capitalise” on the anticipated... READ MORE
New lending reforms to have no bearing on BID

New lending reforms to have no bearing on BID
by Charbel Kadib • 28 Sep 2020
Brokers will still be required to comply with forthcoming best interests duty obligations under the federal... READ MORE
Non-major lender cuts LMI to $0

Non-major lender cuts LMI to $0 in new offer
by Malavika Santhebennur • 28 Sep 2020
The lender has slashed its LMI costs to $0 for borrowers with a 15 per cent deposit who apply for a Reward Me Home... READ MORE
Aggregator calls for ‘fairer’ clawback structure

Aggregator calls for ‘fairer’ clawback structure
by Malavika Santhebennur • 28 Sep 2020
In response to the release of the final clawback regulations, Connective said the industry needs to find “fairer”... READ MORE

Responsible lending laws to be scrapped

by Charbel Kadib • 25 Sep 2020
The federal government has revealed that it will move to overhaul credit practices by scrapping responsible lending... READ MORE
Plenti lists on the ASX

Plenti lists on the ASX
by Reporter • 25 Sep 2020
The non-bank lender has commenced trading on the ASX after successfully launching its initial public offering. READ MORE
Brokers maintain low level of AFCA complaints

Brokers maintain low level of AFCA complaints
by Malavika Santhebennur • 25 Sep 2020
Over 7,000 complaints relating to home loans were lodged with AFCA over the financial year, but only a fraction was... READ MORE