News

Aussie reports record spike in pre-approvals

September 17, 2020

The major brokerage has reported a record increase in home loan pre-approvals across the first eight months of the year, with FHBs leading the charge.

Facebook launches SME grants program

September 17, 2020

The social media giant has commenced processing applications for its new SME grants program.   

Aggregator reports surge in settlements

September 17, 2020

Purple Circle Financial Services has reported a record increase in loan settlements in August, which it attributed to the quality of its brokers.

Hot Property: The biggest property headlines from the week 14-18 September

September 17, 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 18 September.

Resimac adds new layer of scrutiny for Victorian borrowers

September 16, 2020

The non-bank has heightened its verification requirements for mortgage applicants in Victoria subject to ongoing lockdown measures.

N1H increases SME lending capacity

September 16, 2020

Business, financial and property services firm N1 Holdings has expanded its SME lending capacity and its AFSL authorisations.

APRA and ACCC agree to engage more broadly

September 16, 2020

The prudential and competition regulators have agreed to a broader model of engagement with “proactive information sharing and collaboration” as part of a new MOU.

How this broker found her groove after a career leap

September 16, 2020

High school teacher-turned-broker Kirsty Best recounts her experience of changing careers and establishing a brokerage, and some of the challenges she encountered along the way.

All non-major FHLDS places now reserved

September 15, 2020

All 5,000 places allocated for participating non-major banks within the FHLDS have now been reserved for the 2020-21 financial year.

Westpac rolls back COVID-induced policy changes

September 15, 2020

The major bank has announced a number of changes to its credit policy, including the rollback of non-base income shading restrictions introduced in response to the COVID-19 crisis.

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