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ACCC delays decision on AFG-Connective merger

by Charbel Kadib • 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 Hannah Dowling • 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

Resimac signs digital VOI partnerships

by Malavika Santhebennur • 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 Malavika Santhebennur • 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 Hannah Dowling • 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 reporter • 3 Apr 2020
Former Bluestone executive Royden D’Vaz has joined Loan Market as its new state director for Western Australia. READ MORE

ABSF announces its first $250m investment

by Reporter • 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 reporter • 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 Annie Kane • 2 Apr 2020
The acquisition of debtor finance specialist CML Group by Scottish Pacific has progressed further after the main... READ MORE
Dan Dredge and Stephen Owens

Heritage welcomes two new executive members

by reporter • 2 Apr 2020
A Queensland-based bank has announced two permanent appointments to its executive team. READ MORE
Balpreet Bal

Clients need guidance on bank loan relief, says broker

by Malavika Santhebennur • 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 MORE

NextGen.Net launches digital document verification

by Hannah Dowling • 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

Lenders sharpen focus on serviceability

by Reporter • 1 Apr 2020
A number of credit providers have revised their lending policies in response to growing economic uncertainty fuelled... READ MORE
Brendan Wright

Brokers encouraged to craft business continuity plan

by Reporter • 1 Apr 2020
The CEO of an aggregator has encouraged brokers to prepare their businesses for the economic threat posed by the... READ MORE

Banks inundated with SME loan deferral requests

by Annie Kane • 1 Apr 2020
Nearly 10 per cent of major banks’ business customers have contacted their bank for loan relief, with NAB receiving a... READ MORE

Record number of mortgage brokers writing commercial

by Annie Kane • 31 Mar 2020
The number of mortgage brokers writing commercial loans has hit a new high, with the value of commercial loans settled... READ MORE

Brokerage launches fundraiser for medical face masks

by Annie Kane • 31 Mar 2020
A Sydney-based brokerage that purchased and donated 30,000 medical-grade face masks to health professionals is now... READ MORE
NAB

NAB launches new SME offering

by Charbel Kadib • 31 Mar 2020
The major bank has announced the launch of a new funding facility for businesses affected by the coronavirus outbreak,... READ MORE

How COVID-19 is like the space race

by Grace Ormsby • 31 Mar 2020
The coronavirus pandemic and the associated economic turmoil draw an unlikely parallel with the space race, according... READ MORE

Banks expand loan relief policies

by Charbel Kadib • 30 Mar 2020
The banks have agreed to extend their loan relief policies to encapsulate a larger portion of borrowers affected by the... READ MORE

Further details of $15bn lending fund released

by Annie Kane • 30 Mar 2020
Key aspects of the government’s new $15-billion Structured Finance Support Fund for smaller lenders, including its... READ MORE

Neobank expands broker BDM team

by Annie Kane • 30 Mar 2020
86 400 has announced that it has appointed two new business development managers “to help build and grow [its]... READ MORE
Andrea McNaughton

Training support still priority for brokers amid COVID-19 crisis

by Reporter • 30 Mar 2020
Access to training support remains the key priority for mortgage brokers amid the “uncertain landscape” shaped by... READ MORE

Government to put businesses in ‘hibernation’

by Annie Kane • 27 Mar 2020
The Prime Minister has revealed that a third stimulus package is on its way, as the government looks to “hibernate”... READ MORE