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NSW to ‘go it alone’ on JobSaver extension
by Malavika Santhebennur • 1 Oct 2021
The NSW government will continue funding the JobSaver program extension once the state hits 80 per cent vaccination...READ MORE

Productivity Commission lauds broker role in SME finance
by Malavika Santhebennur • 30 Sep 2021
A new report has highlighted the importance of brokers in connecting SME borrowers and lenders, while lenders said at... READ MORE

Digital lenders challenging the banks: Prospa
by Sarah Simpkins • 30 Sep 2021
Fintechs have been taking components of the banking system and repackaging them into stronger offerings than previously... READ MORE

SME lending likely to be regulated, suggest lenders
by • 29 Sep 2021
The chief executive of Pepper Money and a relationships MD at Judo Bank expect the SME lending space to soon be... READ MORE

Lend introduces asset finance quoting tool
by • 29 Sep 2021
The SME platform has introduced a new asset finance quoting tool that intends to help brokers assess asset finance... READ MORE

ATO to act on SME tax debt, brokers warned
by Malavika Santhebennur • 29 Sep 2021
SMEs and their brokers have been urged to be vigilant as the ATO begins acting on powers to disclose SME tax debt to... READ MORE

Qld tourism injected with $70m grants
by Malavika Santhebennur • 29 Sep 2021
Tourism and hospitality businesses in Queensland that are facing significant hardship due to the COVID-19 crisis will... READ MORE

CBA streamlines serviceability for self-employed borrowers
by Annie Kane • 27 Sep 2021
The major bank has “simplified” its serviceability and assessment process for some self-employed borrowers,... READ MORE

Major bank CEOs flag SME ‘pressure’
by Annie Kane • 24 Sep 2021
The heads of CBA and ANZ have acknowledged to MPs the growing pressures facing SMEs, but noted that only a small... READ MORE

CAFBA announces board changes
by Annie Kane • 24 Sep 2021
The broker association has announced board changes following the resignation of Renee Tocco, as she pursues a new... READ MORE

Asset finance neo-lender launches to broker channel
by Annie Kane • 23 Sep 2021
A new fintech backed by Resimac has launched, aiming to overcome broker pain points when writing asset and equipment... READ MORE

ASX-listed lender joins FAST panel
by • 23 Sep 2021

A personal lender has become the latest addition to the aggregator’s lender panel.

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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... READ MORE

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... READ MORE

Business lender receives $87.5m ABSF investment
by • 17 Sep 2021
GetCapital is set to receive $87.5 million worth of mezzanine funding from the government’s Australian Business... READ MORE

Mortgage deferrals rise 86% in a month: ABA
by • 16 Sep 2021
Home loan and business deferrals have escalated due to the latest COVID-19 outbreak, according to the Australian... READ MORE

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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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... READ MORE

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... READ MORE

New floor-plan finance product released
by • 14 Sep 2021
An SME lender has launched a new floor-plan financing offering, providing up to $3 million for showroom assets.... READ MORE

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... READ MORE

Recruit now, pay later product launched for brokers
by • 9 Sep 2021

Workforce finance provider APositive has released a new recruitment payment product, targeted towards brokers.

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Majority of SMEs struggling under COVID-19 restrictions
by • 9 Sep 2021
A broker survey has suggested that COVID regulations are creating a cash-flow crisis for... READ MORE

Victorian SME COVID support extended
by • 8 Sep 2021
With Victoria’s lockdown to continue until the end of September, additional financial support has been announced for... READ MORE

Asset finance group celebrates record FY21
by Annie Kane • 7 Sep 2021
An ASX-listed asset finance group saw settlements grow 14 per cent to $5.2 billion in the financial year 2021, marking... READ MORE

Nectar Mortgages doubles monthly settlements
by • 7 Sep 2021
The franchise brokerage has more than doubled its monthly settlement figure in less than a year.... READ MORE

Suncorp to withdraw 2 lending offerings
by • 6 Sep 2021
The non-major bank has confirmed that it has begun the process of grandfathering and withdrawing two of its business... READ MORE

CBA launches green upgrade for commercial mortgages
by • 3 Sep 2021
The major bank has introduced a commercial property loan upgrade for businesses looking to reduce operating and... READ MORE

Butn appoints MYOB executive to board
by • 2 Sep 2021
MYOB’s chief employee experience officer has joined the business finance platform as a non-executive.... READ MORE

ACT expands SME COVID support
by Malavika Santhebennur • 1 Sep 2021

The ACT COVID-19 Business Support Grants have been increased as the territory faces a lockdown extension.

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