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OnDeck management secures majority ownership
by Sarah Simpkins • 2 Feb 2022
The local leadership team at OnDeck Australia has bought a controlling stake in the company from its US owner.
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Why broker-client communication is key
by Malavika Santhebennur • 2 Feb 2022
A business coach has advised brokers to review their communication processes with their clients, with a particular...
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Wisr confirms new executive additions
by • 2 Feb 2022
The two new appointments to the non-bank’s leadership team include the NDIA’s former deputy chief executive as its...
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Moneytech secures over $400m in funding facilities
by • 2 Feb 2022
The non-bank believes this funding injection will further its drive into the SME lending space.
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RBA reveals 1st rate decision for 2022
by Sarah Simpkins • 1 Feb 2022
The first cash rate decision for 2022 has been confirmed, with the Reserve Bank making the call amid rising inflation...
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NSW unveils $1bn COVID-19 SME support package
by • 1 Feb 2022
The state government will allocate more than $1 billion to assistance packages to help navigate the omicron variant.
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Prospa to relaunch 8-week repayment pause
by • 1 Feb 2022
As SMEs continue to seek flexibility amid the pandemic, the lender has relaunched its repayment pause function.
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Wisr loan origination growth up 62% for quarter
by • 31 Jan 2022
The lender originated $136 million in the December quarter, marking the 22nd consecutive quarter of new loan growth.
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Tasmania flags support for home buyers amid builder's collapse
by Sarah Simpkins • 28 Jan 2022
The state government has pledged to develop a support package for customers left stranded, after a construction company...
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Beware of the ‘phoenix’
by Andrew Way • 27 Jan 2022
The year ahead: tax challenges, new ‘safe harbour’ laws and the role of DOCA for recovering SMEs.
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Better Business Awards 2022 nominations now open
by Malavika Santhebennur • 27 Jan 2022
Nominations and submissions have officially opened for The Adviser’s Better Business Awards 2022.
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Lender co-CEO predicts asset finance growth for 2022
by • 27 Jan 2022
Grow Finance’s co-chief executive has speculated that business confidence and capital asset investments will rise as...
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N1 quarterly figures driven by SME lending
by • 27 Jan 2022
The financial services provider has said 79 per cent of its total cash receipts over the December quarter were via SME...
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Flood relief assistance extended to Somerset Region
by • 25 Jan 2022
Queensland and federal government-funded grants of up to $50,000 are now available for impacted primary producers based...
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Simplicity Loans & Advisory reaches $2bn milestone
by • 25 Jan 2022
The brokerage’s co-managing directors believe this settlement figure has been driven by its team, technology and...
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Zip Business reports annual growth boom
by • 24 Jan 2022
The business lender’s November revenue and transaction volumes surged upwards but COVID-19 dampened its December...
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Finsure sale clears regulatory approval
by Sarah Simpkins • 21 Jan 2022
APRA has given the green light to BNK offloading its mortgage aggregator, Finsure, for around $151.6 million.
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Sherlok secures access to open banking data
by Sarah Simpkins • 20 Jan 2022
The mortgage technology provider has tapped into open banking data, which will power its single-click refinancing tool...
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Grow Finance concludes $35m capital raise
by • 20 Jan 2022
The lender’s co-chief executive believes this will sustain growth as it aims to secure 1 per cent of the addressable...
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Pepper names mortgages head
by Reporter • 19 Jan 2022
The non-bank lender has appointed a new head to lead its residential sales team for mortgages.
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Tasmania rolls out granny flat grants
by Sarah Simpkins • 19 Jan 2022
The state’s government has thrown support behind the construction of granny flats, presenting the program as a way to...
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Asset finance accreditation the next ‘battleground’: CAFBA
by Malavika Santhebennur • 18 Jan 2022
CAFBA has underscored the importance of education for brokers diversifying into asset finance, as the...
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Brokers drive origination growth for Prospa
by • 18 Jan 2022
The non-bank’s latest quarterly figures mark a year-on-year growth of 85 per cent, with the bulk of this surge being...
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Victoria extends commercial rent relief
by • 18 Jan 2022
The Victorian government has extended its Commercial Tenancy Relief Scheme (CTRS) until 15 March 2022, following suit...
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Broker feedback wanted on ‘complex’ financial services legislation
by Sarah Simpkins • 17 Jan 2022
The Australian Law Reform Commission has sought opinions from brokers on how to simplify a tangled web of laws...
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