News

ASIC chair resigns over relocation expenses

October 22, 2020

The chairman of the financial services regulator has resigned from his position, effective immediately.

Fewer businesses defer loan repayments: ABS

October 22, 2020

The number of businesses reporting that they were deferring loan repayments dropped substantially in October, with medium businesses most likely to have deferred loans, new ABS data shows.

ING, Citi reduce investor rates

October 22, 2020

The two non-major banks have announced that they are reducing interest rates on a range of new-to-bank investor loan applications.

Angle Finance gears up for broker-driven growth

October 22, 2020

The asset finance business is banking on the broker channel to achieve its growth ambitions as it resets its focus following its purchase of former Westpac subsidiary Vendor Finance.

Hot Property: The biggest property headlines from the week 19-23 October

October 22, 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 23 October.

Broker-run platform secures $64.5m development deal

October 22, 2020

An online financing platform co-founded by Victoria-based broker Marshall Condon has secured funding for a major property development project in Melbourne.

Societe Generale slapped with $30k penalty

October 21, 2020

The financial institution has been sentenced in Sydney’s Downing Centre Local Court on charges brought by ASIC relating to client money offences.

Mark Haron joins LIXI board

October 21, 2020

The not-for-profit company that develops data message transaction standards for the Australian mortgage processing industry has appointed aggregator head Mark Haron to its board.

Effi announces tech council, appointments

October 21, 2020

Newly formed fintech Effi has established a mortgage broker technology council, while also appointing two new executives, including a broker relationship manager.

How this broker is primed for BID

October 21, 2020

Aussie Liverpool franchisee Evelyn Burton speaks about how she has prepared for the best interests duty and how she navigates the conversation around her pay structure with her clients.

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