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Climate change threatens property values: RBA
by Sarah Simpkins • 22 Sep 2021
A number of regions could see a material decline in housing prices due to physical risk from climate change, according...
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Prospa acquires brokerage
by Annie Kane • 21 Sep 2021
The SME lender has acquired a commercial finance brokerage and welcomed its director to the team as northern regional...
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Stamp duty, supply blocking housing affordability: REA
by Sarah Simpkins • 21 Sep 2021
Reforming stamp duty, increasing housing supply and further extending home-buyer assistance would help housing...
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First home buyers flee big cities
by Annie Kane • 21 Sep 2021
Analysis of broker-originated loans has shown that their first home buyer clients are increasingly looking outside of...
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Prioritise lending standards over turnarounds: ANZ CEO
by Sarah Simpkins • 20 Sep 2021
The big four boss has declared that banks should now be conducting more strenuous checks on loan applications, even if...
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Bridging loan demand booms as house prices skyrocket
by Annie Kane • 20 Sep 2021
Broker-founded lender TechLend has received $100 million in bridging loan applications in two months, fuelled by...
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Assistant Minister for Women shares tips for women in finance
by Annie Kane • 17 Sep 2021
Senator Amanda Stoker, the Assistant Minister for Women, has shared her top tips for increasing the profile of women in...
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Hot Property: The biggest property headlines from the week 13-17...
by Reporter • 17 Sep 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 17...
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Major bank apologises for ‘unacceptable’ CCI conduct
by Annie Kane • 16 Sep 2021
A big four bank has apologised to customers affected by “unacceptable” conduct in former CCI sales, which are now...
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Non-bank turnarounds starting to slow
by Annie Kane • 16 Sep 2021
While time to initial credit decision has held firm at an average of eight days, non-bank turnarounds have slowed,...
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3 in 10 small businesses ponder quitting: Judo
by Malavika Santhebennur • 16 Sep 2021
New research has revealed that many small businesses are thinking of quitting altogether due to the impact of...
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Ex-finance broker sentenced on loan fraud
by Malavika Santhebennur • 16 Sep 2021
A former broker has been sentenced after pleading guilty to charges of fraud and giving false information.
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Major bank expands SME offering
by Annie Kane • 15 Sep 2021
SMEs can borrow up to $2 million over 30 years as part of a new offering from a big four bank.
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Dwelling price rise strongest on record: ABS
by Malavika Santhebennur • 15 Sep 2021
Both residential property prices and the total value of residential dwellings recorded the largest quarterly rise on...
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Tasmanian SME COVID support extended
by Malavika Santhebennur • 15 Sep 2021
The existing business support package has been increased in Tasmania to $70 million for operators impacted by border...
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Momentum launches new cyber-security podcast
by reporter • 14 Sep 2021
Momentum Media has launched the Cyber Security Uncut podcast, providing market updates, intelligence and insights on...
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Former ASIC chairman joins aggregator board
by Annie Kane • 14 Sep 2021
Greg Medcraft, a former chairman of the Australian Securities and Investments Commission, is to join the board of a...
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New SME COVID package launched in SA
by Malavika Santhebennur • 14 Sep 2021
A COVID-19 support package has been announced for South Australian SMEs in the tourism and hospitality sectors amid...
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Aggregator coaches set up brokerage
by reporter • 14 Sep 2021
Two Loan Market coaches have stepped out of their head office roles to open their own broking office in Queensland.
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SocietyOne prices inaugural ABS
by Reporter • 14 Sep 2021
The non-bank lender has priced an ABS bond issue worth over $180 million, backed by unsecured personal loans.
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Better Business Awards NSW goes virtual!
by reporter • 13 Sep 2021
The leading members of the broking industry in NSW and ACT will be unveiled on 29 September, as the Better Business...
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Brokers face prolonged vehicle supply issues, say lenders
by Sarah Simpkins • 13 Sep 2021
Finance brokers have been told to watch out for heightened vehicle demand and inflated prices in the 12 months ahead.
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Prospa prices 1st ABS
by Malavika Santhebennur • 13 Sep 2021
The SME lender has priced its first public ABS of $200 million, which was supported by small-business loans.
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Bluestone drops rates, fees, launches new offset feature
by Annie Kane • 13 Sep 2021
Rates, fees, and loadings will be dropped across a range of Bluestone products this Friday, and a new offset feature...
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Brokers urged to prioritise cyber security
by Malavika Santhebennur • 10 Sep 2021
Brokers have been increasingly targeted by cyber criminals and should be prioritising cyber security to protect their...
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