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RBA highlights value of NPP

RBA highlights value of NPP
by Reporter • 16 Mar 2018
The Reserve Bank has emphasised the importance of the NPP as a platform that could drive efficiency and innovation. READ MORE
make changes to SME loan contracts

Major banks to make changes to SME loan contracts
by Reporter • 16 Mar 2018
The big four banks are set to implement small business loan contract reforms, following a regulatory investigation into... READ MORE
Cash flow

ASIC to fully implement cash flow coaching for SMEs
by Reporter • 9 Mar 2018
Following a successful trial, the regulator has announced that it will move ahead with its cash flow coaching... READ MORE
Royal Commission releases car finance report

Royal commission releases car finance report
by Staff Reporter • 9 Mar 2018
A fresh report from the royal commission has highlighted that only 16 per cent of car buyers use a broker to secure... READ MORE
code of conduct

Fintechs look to develop Code of Conduct
by Reporter • 9 Mar 2018
The Small Business Ombudsman, FinTech Australia and theBankDoctor.org are suggesting that small business lenders... READ MORE
Finance, cash flow, money in a jar

Accessing finance a breeze for 90% of SMEs, says advisory firm
by Reporter • 9 Mar 2018
SMEs are having very little problem accessing finance to fund growth or cover cash flow concerns, according to a... READ MORE
Small businesses welcome new Deputy PM

Small businesses welcome new Deputy PM
by Reporter • 9 Mar 2018
The small business industry has welcomed the news that former small business minister Michael McCormack has been made... READ MORE
ASIC to force lenders into involuntary liquidation

ASIC to force lenders into involuntary liquidation
by Reporter • 8 Mar 2018
The financial services regulator has filed a court order that could force several car financiers into involuntary... READ MORE

Existing mortgage holders deserved immunity
by Michael Russell • 5 Mar 2018
Michael Russell outlines the unintended consequences of APRA’s macro-prudential controls on existing mortgage... READ MORE
Million dollars

Online SME lender hits $10m milestone
by Reporter • 2 Mar 2018
A non-bank lender has delivered $10 million in small business funding in its first 18 months of operation. READ MORE

AFG banking on new commercial platform
by Annie Kane and James Mitchell • 1 Mar 2018
The major aggregator believes that its latest platform will allow a greater number of mortgage brokers to seize... READ MORE

Scottish Pacific profit up by 10% as broker originations rise
by Reporter • 28 Feb 2018
The debtor finance company has reported a boost in new business from brokers in the first half of the 2018 financial... READ MORE
Small businesses increasingly accessing alternative finance

Small businesses increasingly accessing alternative finance: OECD
by Reporter • 23 Feb 2018
Small and medium-sized enterprises are “over-reliant” on bank credit but are increasingly turning to alternative... READ MORE
Trophy, number one high-growth company

Australian SME lender named APAC’s top high-growth company
by Reporter • 23 Feb 2018
Small business lender Prospa has been named as the number one high-growth company in Asia-Pacific in The Financial... READ MORE
GoGetta joins Connective asset finance panel

GoGetta joins Connective asset finance panel
by Reporter • 23 Feb 2018
Equipment funder GoGetta has joined Connective’s BOLT asset finance panel to help broker clients fund new and used... READ MORE
Risk

APRA deems SME loans ‘higher risk’
by Staff Reporter • 16 Feb 2018
In its efforts to make Australian banks “unquestionably strong”, the prudential regulator is proposing that ADIs... READ MORE
Non-bank lender says NPP will be 'transformative' for SMEs

Non-bank lender says NPP will be ‘transformative’ for SMEs
by Staff reporter • 16 Feb 2018
The introduction of the New Payments Platform could transform the way SMEs conduct business in a number of key areas,... READ MORE
Appoints new Head of Sales and Distribution

GetCapital appoints new head of sales and distribution
by Reporter • 16 Feb 2018
SME lender GetCapital has announced that it has appointed a new head of sales and distribution to help grow and... READ MORE

Why we need better training and education
by Michael Ellison • 12 Feb 2018
Mortgage broking in Australia is a fast-growing industry. With brokers now writing between 50 per cent and 53.7 per... READ MORE
CAFBA applauds Productivity Commission report

CAFBA applauds Productivity Commission report
by Reporter • 9 Feb 2018
The Commercial Asset Finance Brokers Association of Australia has welcomed the Productivity Commission’s draft... READ MORE
Meeting, discussion

‘Insufficient attention’ being paid to improving SME loan risks
by Reporter • 9 Feb 2018
SME loan risk weightings are just one of several “notable failings” that are impacting competition for SME finance,... READ MORE
federal budget

SMEs reveal wish list for this year’s federal budget
by • 9 Feb 2018
A third of SMEs have suggested that government policies will be the biggest impact on their business in 2018, meaning... READ MORE
Appointed

SME lender appoints industry veteran to ‘spearhead’ expansion
by Reporter • 7 Feb 2018
A new player in the cash flow finance sector has announced the appointment of an industry veteran to lead operations... READ MORE
bankrupt car lender director

ASIC seeks to bankrupt car lender director
by Reporter • 2 Feb 2018
The financial services regulator has commenced proceedings for the recovery of unpaid fines and cost orders against a... READ MORE
ANZ

ANZ updates asset finance commissions
by Reporter • 2 Feb 2018
The big four bank has released some new commission structures for its asset finance lending. READ MORE