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Elders partners with asset finance platform
by reporter • 18 Aug 2021
The agribusiness specialist has partnered with fintech platform Nodifi to enable more brokers to offer asset finance...
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Listed lender partners with aggregator
by Malavika Santhebennur • 18 Aug 2021
An ASX-listed lender has partnered with Platform Finance to provide brokers with access to its car finance solution.
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Auswide Bank announces new WA BRM
by reporter • 18 Aug 2021
The Queensland-based bank has announced that WA brokers will soon have a new broker relationship manager,...
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Parliamentary committee to probe housing affordability
by Sarah Simpkins • 17 Aug 2021
A parliamentary committee is calling for submissions for a new inquiry into housing affordability and supply in...
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Personal lender joins outsource Financial panel
by reporter • 17 Aug 2021
A non-bank lender has been added to outsource Financial’s panel, making its personal loan products available to...
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Court orders CBA to publish misconduct notices
by reporter • 17 Aug 2021
The big four bank has been ordered to publish notices acknowledging “false or misleading conduct when it...
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Turnarounds continue to quicken
by Annie Kane • 16 Aug 2021
Turnarounds have improved for the fourth month in a row, with time to initial credit decision at its fastest...
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SME lender unveils rebrand
by Annie Kane • 16 Aug 2021
Business lender and payments provider Zip Business has rebranded as it unifies its branding across international...
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COVID SME grants extended to multiple states
by Malavika Santhebennur • 16 Aug 2021
SMEs across Melbourne, Queensland, Tasmania, and the ACT impacted by COVID-19 will receive support, while targeted...
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ASIC to be ‘reasonable’ in enforcing new laws
by Annie Kane • 13 Aug 2021
The regulator will take a “reasonable approach” when enforcing the swathe of incoming financial services laws,...
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MFAA welcomes DDO changes
by Annie Kane • 13 Aug 2021
The broker association has welcomed Treasury’s move to amend mortgage broker obligations under the design and...
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Fintech, comparison site partner to help clients find brokers
by Malavika Santhebennur • 13 Aug 2021
Broker-oriented fintech Effi has partnered with a comparison site to enable brokers to build a profile on the site so...
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Aggregator adds fintech to panel
by Malavika Santhebennur • 13 Aug 2021
Loan Market has added a fintech to its panel that sources private lenders and connects brokers with them.
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Hot Property: The biggest property headlines from the week 9 to 13...
by Reporter • 13 Aug 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 13...
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Treasury to amend DDO requirements
by Annie Kane • 12 Aug 2021
The government will change broker obligations under the design and distribution obligations regime, following...
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NAB tweaks small-business lending offering
by Malavika Santhebennur • 12 Aug 2021
The major bank has updated some of its small-business lending features, including allowing business owners to digitally...
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Westpac cuts business fixed rate
by Annie Kane • 12 Aug 2021
The major bank has reduced rates on its two- and three-year fixed rate business loans to help SMEs “get back on their...
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Finsure launches client portal, adds to panel
by Malavika Santhebennur • 12 Aug 2021
The aggregator has set up a client centre that links client data to the broker’s account in its CRM, and added a...
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$40m COVID support released for SA SMEs
by Malavika Santhebennur • 11 Aug 2021
The SA and federal governments have released a new business support grant for SMEs impacted by the state’s ongoing...
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Neobank removes LMI up to 85% LVR
by Annie Kane • 11 Aug 2021
Digital lender 86 400 is waiving lender’s mortgage insurance for owner-occupied loans with a loan-to-value ratio up...
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Commercial loan settlements record upswing: FAST
by Malavika Santhebennur • 11 Aug 2021
Commercial, business and asset finance lending surged in the June quarter, amid renewed business confidence, new...
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ASIC reveals frozen credit licences, overturned conviction
by Sarah Simpkins • 11 Aug 2021
ASIC has made 24 cancellations and suspensions of Australian credit licences during the first half of the year, as an...
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Calls for aggregator inclusion in new CDR
by Malavika Santhebennur • 10 Aug 2021
The Loan Market Group has called for more clarity around the role of aggregators in the new CDR proposal, and urged...
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Lend extends asset classes with panel additions
by Malavika Santhebennur • 10 Aug 2021
The SME finance platform has added new lenders to its panel to provide more choice of asset classes for brokers.
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Connective logs record settlements in June
by Malavika Santhebennur • 10 Aug 2021
The aggregation group has reported that its brokers settled a record $7.4 billion in June 2021, while lodgements were...
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