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  • SME lending options are on the rise, but how do you access them?

    While many SME owners worry about their access to finance, a surge of new lenders and products is rapidly expanding the options available. And brokers have an important role to play for businesses, says the Productivity Commission. Changes to lending markets over the past decade mean there’s now a wide range of business finance options…

  • Bar raised for borrowers: tougher home loan serviceability tests

    Some borrowers will soon find it harder to get a mortgage after the banking regulator announced tougher serviceability tests for home loans. So who will they impact most? The Australian Prudential Regulation Authority (APRA) will increase the minimum interest rate buffer it expects banks to use when assessing the serviceability of home loan applications from…

  • Is a home loan lending crackdown on the horizon?

    The federal treasurer has given the strongest indication yet that a home loan crackdown is coming, stating that “carefully targeted and timely adjustments” may be necessary to avoid troubled waters. So what could a potential lending crackdown look like? Lending standards and fast-rising property prices have been hot topics of late. Interest rates are at…

  • Only half of SMEs have recently been able to secure full funding: report

    Almost one-in-two SMEs have applied for new funding in the last six months, a new report has found, and of those SMEs only half were successful in obtaining the full amount they were seeking. If you haven’t already figured it out over the past 18 months, small and medium-sized business owners are a pretty resilient…

  • Top 5 property investor trends for 2021-22

    With house prices going gangbusters in the first half of 2021, is it still a good time to buy property? The majority of investors think so, according to the latest annual survey. And investors have their sights set on one city in particular. The 2021 PIPA Property Investor Sentiment Survey, which gathered insights from 800 property…

  • Are you too loyal for your own good? The banks think so

    The average Australian homeowner is paying more than $37,000 in extra interest over the life of their home loan due to the loyalty tax, and it’s got three-quarters of borrowers feeling “ripped off” and “angry”. What’s the loyalty tax? It’s this sneaky lender trick where borrowers with older mortgages are typically charged a higher interest…

  • Refinancing figures are on a record-breaking run: here’s why

    With interest rates at record low levels, the number of homeowners refinancing skyrocketed to an all-time high in July. Today we’ll run you through why so many people are refinancing, and why you should consider doing so too. We’re currently seeing more people refinance their home loans than ever before, and the latest ABS figures out this…

  • Are they really OK? Here’s how to check in with them today

    Do you know how the people in your world are really doing right now? Chances are you know someone who’s doing it tough, but silently pressing on. As always, we’re here to support you, and for R U OK? Day we’re sharing ways you can help others. Life’s ups and downs happen to all of…

  • Nine in 10 FHBs trust brokers to help them buy their first property

    Remember that classic TV ad: ‘nine out of 10 dentists recommend using [toothpaste brand]?’ Well, it turns out we’ve earned a similar level of trust when it comes to helping first home buyers sink their teeth into the property market.  That’s because nine out of 10 first home buyers (FHBs) recently said they trust a mortgage broker…

  • How to ease financial pressure through debt consolidation

    With many people around the country doing it tough right now, this week we’ll look at a way you can take some pressure off your monthly finances through debt consolidation. Here’s a quick experiment. Go pick up three balls and try to juggle them. Most people, besides those who ran away to join a circus,…