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US fintech to acquire OnDeck

US fintech to acquire OnDeck

by Annie Kane • 30 Jul 2020
US financial services technology company Enova has announced that it is to acquire SME lender OnDeck in a transaction... READ MORE

ACT launches HomeBuilder registration process

by Malavika Santhebennur • 30 Jul 2020
The ACT government has launched a two-step process for those wishing to access the new HomeBuilder grants, as more... READ MORE
Australian households comfortable about their finances

Australian households comfortable about their finances

by Cameron Micallef and Annie Kane • 30 Jul 2020
Government lifelines, including the JobKeeper and JobSeeker payments, are having an impact, with more Australians... READ MORE
How this broker creates a happy workplace

How this broker creates a happy workplace

by Malavika Santhebennur • 30 Jul 2020
Ensuring staff feel valued, allowing flexible working patterns and providing small rewards for good work are key to a... READ MORE

Westpac to onshore jobs to improve processing lags

by Annie Kane • 29 Jul 2020
The major bank has said that it will onshore 1,000 jobs following “challenging conditions for home lending processing... READ MORE
Wisr reports 92% surge in loan originations

Wisr reports 92% surge in loan originations

by Reporter • 29 Jul 2020
A spike in loan originations has contributed to an 18 per cent increase in the fintech’s operating revenue, its... READ MORE
CBA fintech launches app for first-time SMEs

CBA fintech launches app for first-time SMEs

by Malavika Santhebennur • 29 Jul 2020
A CBA-owned fintech has launched an app for SMEs to start their business, along with a cash incentive for SMEs that... READ MORE
Federal court winds up illegal investment scheme

Federal court winds up illegal investment scheme

by Lachlan Maddock • 29 Jul 2020
The Federal Court has made orders to wind up an unregistered managed investment scheme after its operators were found... READ MORE
CML to acquire invoice finance lender

CML to acquire invoice finance lender

by Annie Kane • 28 Jul 2020
CML Group has entered into a binding agreement to purchase Skippr Invoice Finance in its latest plans to expand its... READ MORE
Melbourne suburbs

Home buyer appetite remains strong

by Malavika Santhebennur • 28 Jul 2020
Sydney and Melbourne have returned strong clearance rates (excluding withdrawn properties), indicating homes are still... READ MORE
YBR reports settlement, book growth

YBR reports settlement, book growth

by Reporter • 28 Jul 2020
The diversified mortgage business has closed the 2020 financial year with an increase in home loan settlements. READ MORE
Government urged to simplify advice regulation

Government urged to simplify advice regulation

by Miranda Brownlee • 28 Jul 2020
An industry association has called on the government to simplify the regulatory framework for financial advice, with... READ MORE
NSW abolishes stamp duty for homes under $800k

NSW abolishes stamp duty for FHB homes under $800k

by Annie Kane • 27 Jul 2020
The NSW state government has abolished stamp duty for first home buyers purchasing new homes under $800,000, a move... READ MORE
Major bank introduces new serviceability probe

Major bank introduces new serviceability probe

by Charbel Kadib • 27 Jul 2020
Brokers will now be required to document their clients’ post-retirement mortgage repayment plans, with a big four... READ MORE
Business lending volumes bounce

Business lending volumes bounce

by Reporter • 27 Jul 2020
Treasurer Josh Frydenberg has reported a sharp increase in the flow of business credit from the big four banks over the... READ MORE
job loss

Younger cohort slammed with COVID-19 job loss

by Malavika Santhebennur • 27 Jul 2020
Younger Australians have been most affected by the economic crisis of COVID-19, with almost half losing their jobs or... READ MORE
Treasurer details severity of COVID headwinds

Treasurer details severity of COVID headwinds

by Charbel Kadib • 24 Jul 2020
The budget deficit has surged to unprecedented levels, and the unemployment rate is set to hit a record high,... READ MORE
AFG prices largest RMBS transaction to date

AFG prices largest RMBS transaction to date

by Malavika Santhebennur • 24 Jul 2020
The aggregation group has successfully priced its largest RMBS transaction to date, totalling $700 million. READ MORE
Hot Property: The biggest property headlines from the week 20-24 July 2020

Hot Property: The biggest property headlines from the week 20-24 July...

by reporter • 24 Jul 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 24... READ MORE
Amfin welcomes new head of sales and BDM

Amfin welcomes new head of sales and BDM

by reporter • 24 Jul 2020
The asset finance specialist has appointed Paul Murray as its new head of sales and expanded its business development... READ MORE
Heritage Bank

Heritage appoints head of business to spearhead expansion

by Reporter • 23 Jul 2020
The mutual bank has revamped its business division as part of a plan to “quadruple” its business portfolio and... READ MORE
AFG brings on digital mortgage lender

AFG brings on digital mortgage lender

by Annie Kane • 23 Jul 2020
The major aggregation group has signed a strategic partnership with 86 400 to give its brokers access to the... READ MORE
Aussie partners with Salesforce

Aussie partners with Salesforce

by Malavika Santhebennur • 23 Jul 2020
Aussie has partnered with Salesforce as part of its ongoing “digital transformation” for its broker network. READ MORE
accountant relationships

Why this broker values strong accountant relationships

by Malavika Santhebennur • 23 Jul 2020
The recently crowned Broker of the Year stresses the importance of building trust with referral partners and clients to... READ MORE
FBAA head urges lenders to resolve processing lags

FBAA head urges lenders to resolve processing lags

by Charbel Kadib • 22 Jul 2020
Turnaround times, VOI processes and form standardisation have been flagged by FBAA managing director Peter White as... READ MORE