A $2 billion securitisation fund, designed to improve access to finance for Australia’s SME sector, has passed both houses of Parliament.

Both houses of Parliament have approved the federal government’s bill to lift the instant asset write-off for SMEs to $30,000.

Mortgage brokers have been encouraged to step into the SME lending space amid new research highlighting the burgeoning demand for finance in the sector.

A new entrant in the SME lending space has secured a $100 million debt facility, which it said would broaden its offerings and “accelerate” its growth.

A new diploma specialising in commercial and asset finance is set to launch next month, enabling brokers and bankers to become qualified speciali...

Small business owners “resent” securing business funding against property, with the payment of higher interest rates flagged as a preferred alternative, new research has fou...

Australia’s financial regulators have weighed in on commissioner Kenneth Hayne’s SME recommendations, with the industry yet to reach consensus over proposed changes to the d...

The SME lender has announced that it has hired its first general manager to head up operations in New Zealand.

Small business ombudsman Kate Carnell has called for proposed changes to the definition of SME to be enshrined in the banking code amid reluctance from the Australian Banking As...

The banking association is hesitant to support Commissioner Kenneth Hayne’s recommendation to change the definition of a small business.   

Access to credit for small businesses is expected to be hindered further off the back of the banking royal commission, according to new research.

The Coalition government has formally introduced two pieces of legislation in parliament designed to enhance the financial position of SMEs.    

SMEs will be increasingly looking to brokers to source alternative finance, with banks expected to have “more hurdles to jump over” off the back of the Hayne royal commissio...

New research has shed light on credit constraints in the SME space, compounded by a lack of trust in banking institutions.