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Breaking News
Aggregator heads welcome budget 2020-21
by Annie Kane • 8 Oct 2020
The heads of several leading aggregation groups have welcomed the budget 2020-21 but noted the “gut-wrenching” size...
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Lenders applaud FHLDS expansion
by Annie Kane • 8 Oct 2020
The expansion of the First Home Loan Deposit Scheme to include another 10,000 places this financial year has been...
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Choice launches two white label products
by Malavika Santhebennur • 8 Oct 2020
The aggregator has partnered with a non-bank lender to expand its white label offering with two new products.
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PLAN Australia’s sub-aggregators join hands
by Malavika Santhebennur • 8 Oct 2020
Two sub-aggregators operating under PLAN Australia have announced a formal joint venture agreement that will see them...
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Resicom and Oak Capital merged into new lending group
by Malavika Santhebennur • 7 Oct 2020
Mortgage lender Oak Capital and specialist lender Resicom have combined to form a non-bank lending group originating...
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Majors, GetCapital appointed to SME Guarantee Scheme panel
by Reporter • 7 Oct 2020
Two of the big four banks, along with business lender GetCapital, have been appointed by Treasury to participate in...
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Budget 2020-21 released
by Annie Kane • 6 Oct 2020
The federal government has handed down the 2020-21 budget, outlining a range of tax cuts and spending initiatives aimed...
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Scottish Pacific appoints new CEO
by Annie Kane • 6 Oct 2020
The non-bank lender has announced that it has appointed a new CEO to take over from long-serving CEO Peter Langham.
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Broker report on lenders expands
by reporter • 6 Oct 2020
A monthly broker survey of the lending market, Broker Pulse, has expanded into a new website and will soon launch a...
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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.
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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...
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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...
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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...
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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...
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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...
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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.
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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...
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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...
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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...
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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...
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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...
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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...
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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.
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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...
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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...
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