Mortgage News for Industry Professionals | Australian Broker News
WEBAUSTRALIAN BROKER TALK. Australian mortgage news, featuring new lender products, developments in alt lenders, and all the news Australian mortgage brokers and finance experts need.
Latest Mortgage Brokers Industry News | Australian Broker News
WEBRental boom nears its end. From rate changes to lender shakeups, the mortgage broker industry is constantly changing. Get the latest updates here.
New-to-market brokers facing lead generation challenge
WEBBy Mina Martin. Mar 30, 2023 Share. New-to-industry brokers are facing the significant challenge of generating leads in a volatile market according to REFS Australia mentor Debbie Hutchings. She said industry participants needed to ensure they were skilled as much in business development as technical lending to maximise their chances of success.
Will lower instant asset write-offs kill asset finance’s momentum?
WEBThe $20,000 threshold will apply on a per asset basis, so small businesses can instantly write off multiple assets. “Small businesses are the engine room of Australia’s economy, which is why these new measures are so critical,” said Housing Minister Julie Collins and Financial Services Minister Stephen Jones in a joint statement.
InvestorKit reveals 10 hotspots for property investment
WEBTop regional economies for investment. Newcastle and Port Stephens show potential for recovery and growth, driven by infrastructure improvements and population growth, despite current affordability challenges. Toowoomba displays a tight property and rental market, indicating continued but modest growth. Tamworth is on the verge of recovery ...
Bizcap launches two small business finance products
WEBFeb 20, 2024 Share. Bizcap, an Australia-based non-bank lender, has announced the launch of two new financial solutions for small and medium-sized businesses: the Line of Credit and Bridging Finance. Additionally, it has increased its maximum loan size to $5 million, which exceeds competitor offerings, according to the company.
ASIC disqualifies director | Australian Broker News
WEBASIC’s investigation revealed that Oey’s management failures included poor financial oversight, improper use of his director position for personal gain, allowing Clickthru to incur debts while insolvent, misuse of company funds in Cornerstone Growth Capital, and breaching court undertakings related to O’Corp Media.
NAB lifts interest rate prediction | Australian Broker News
WEBJun 14, 2023 Share. NAB has revised its forecast for interest rates – the major bank is now predicting the official cash rate will reach 4.6% by August, following altered expectations about growth and inflation. The bank had previously increased its rate call to 4.35% following the Reserve Bank of Australia’s decision on June 6 to lift the ...
Two leading brokers unite to launch Flint | Australian Broker News
WEBTwo prominent brokers, Christian Stevens and Chris Bates, have joined forces to launch Flint, a new comprehensive financial services brokerage. With decades of collective experience and more than $3 billion in settled loans, they aim to disrupt the mortgage market by offering a wider range of financial products and a tech-driven approach.
How La Trobe Financial empowers its BDMs - Broker News
WEBLa Trobe Financial has diverse funding for its products, which means the non-bank can remain resilient in the market for its brokers and customers, despite rising cost of living, stubbornly high inflation, and the Reserve Bank’s aggressive monetary policy tightening. “We have a unique and diverse funding program – a combination of ...
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