Breaking News

Westpac offers SME COVID cash flow support

Westpac offers SME COVID cash flow support
by Malavika Santhebennur • 20 Jul 2021
The major bank has announced a new measure to support existing SMEs with cash flow if revenue has reduced due to... READ MORE
Broking sector unpacks macro policy impact on property

Broking sector unpacks macro policy impact on property
by Malavika Santhebennur • 20 Jul 2021
Low borrowing costs and assessment rates in the home loan market could pose risks to borrowers when asset prices return... READ MORE
MyBudget scrambles for AFS licence after ASIC probe

MyBudget scrambles for AFS licence after ASIC probe
by Sarah Simpkins • 20 Jul 2021
Budgeting provider MyBudget has applied for an Australian financial services licence, after a recent ASIC... READ MORE

AMP dodges criminal charges in fees-for-no-service investigation
by Sarah Simpkins • 19 Jul 2021
ASIC has decided to end an investigation into alleged criminal conduct by an AMP financial advice business, relating to... READ MORE
Craig Nicholas and Logan Hilton

Former broker, Westpac BDM join Resimac
by Sarah Simpkins • 19 Jul 2021
Non-bank lender Resimac has recruited a former broker and Westpac business development manager. READ MORE

Lend expands asset finance panel
by reporter • 19 Jul 2021
The commercial finance platform has welcomed four new lenders to its asset finance panel. READ MORE

Government releases new compensation legislation for consultation
by Annie Kane • 16 Jul 2021
The Morrison government on Friday released exposure draft legislation to establish the compensation scheme of last... READ MORE
APRA urged to consider business loans in banking review

APRA urged to consider business loans in banking review
by Sarah Simpkins • 16 Jul 2021
The small business ombudsman has argued that APRA needs to better support new entrants to the banking industry, in... READ MORE
Larger business deals to trend up: ScotPac CEO

Larger business deals to trend up: ScotPac CEO
by Annie Kane • 16 Jul 2021
The CEO of the non-bank lender has forecast a strong uptick in large deal opportunities for brokers for the remainder... READ MORE
Hot Property: The biggest property headlines from the week 12 to 16 July

Hot Property: The biggest property headlines from the week 12 to 16...
by Reporter • 16 Jul 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 16... READ MORE
Nodifi records rise in vehicle finance

Nodifi records rise in vehicle finance
by Reporter • 16 Jul 2021
Fintech platform Nodifi has seen an increase in car loans from the broker channel in the last quarter, but the group... READ MORE
FBAA announces membership fee freeze

FBAA announces membership fee freeze
by Malavika Santhebennur • 16 Jul 2021
The association has told its members that it will not be raising membership fees this year, following similar moves in... READ MORE
Victorian and Tasmanian brokers celebrated at BBAs

Victorian and Tasmanian brokers celebrated at BBAs
by Annie Kane • 15 Jul 2021
The leading brokers in Victoria and Tasmania have been named at The Adviser’s Better Business Business Awards in... READ MORE
NAB targeting ‘consistency’ in turnarounds and decisioning

NAB targeting ‘consistency’ in turnarounds and decisioning
by Annie Kane • 15 Jul 2021
The major bank’s new executive for broker distribution says the bank is focused on making turnarounds and decisioning... READ MORE
Choice adds Judo to lending panel

Choice adds Judo to lending panel
by Sarah Simpkins • 15 Jul 2021
Judo Bank has joined the lender panel of Choice Aggregation Services, with the move reportedly expanding its reach to... READ MORE
Mathew Patterson

Bank announces new head of broker

by Annie Kane • 14 Jul 2021
Great Southern Bank has appointed a new head of broker and insurance partnerships. READ MORE
Techlend launches BNPL bridging home loans

TechLend launches new 'BNPL' bridging loans
by Sarah Simpkins • 14 Jul 2021
A broker and an ex-lender strategy head have teamed up to launch a digital non-bank, rolling out an interest-free... READ MORE

Finalists revealed for Women in Finance Awards 2021
by reporter • 14 Jul 2021
More than 200 women from across the financial services industry are in the running for the Women in Finance Awards... READ MORE
Plenti upsizes automotive facility to $450m

Plenti upsizes automotive facility to $450m
by Malavika Santhebennur • 14 Jul 2021
The fintech lender has increased the capacity of its automotive loan warehouse facility by $100 million amid loan... READ MORE
NSW releases COVID-19 support for SMEs and individuals

NSW releases COVID-19 support for SMEs and individuals
by Malavika Santhebennur • 13 Jul 2021
The NSW and federal governments have launched expanded support for businesses and workers affected by extended... READ MORE
Volt acquires non-bank lender

Volt acquires non-bank lender
by Annie Kane • 13 Jul 2021
Volt Bank has fully acquired non-bank fintech Australian Mortgage, as it moves to deliver a digital mortgage solution... READ MORE
CHL Elevate reports 224% spike in loan volumes

CHL Elevate reports 224% spike in loan volumes
by Malavika Santhebennur • 13 Jul 2021
Connective Elevate home loan application volumes have increased by more than 220 per cent since replacing another... READ MORE
Nectar teams with credit repair agency

Nectar teams with credit repair agency
by Sarah Simpkins • 13 Jul 2021
Franchise brokerage Nectar Mortgages has partnered with credit repair agency Clear Credit Solutions, as the pair has... READ MORE
Former director pleads guilty to false document charges

Former director pleads guilty to false document charges
by reporter • 13 Jul 2021
A former director of a Sydney financial services company has pleaded guilty to one count of making false documents and... READ MORE
Banjo launches bridging finance offering

Banjo launches bridging finance offering
by Annie Kane • 12 Jul 2021
The SME lender has launched a new bridging finance product to help businesses grow “uninterrupted” by delays. READ MORE