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SME frustration mounts amid cash flow storm
22 January 2021
SME frustration mounts amid cash flow storm

Loan conditions and collateral guarantees continue to be major stumbling blocks for small businesses looking to access financing, according to new research.

AMP Bank MD to join BOQ
21 January 2021
AMP Bank MD to join BOQ

The managing director of AMP Bank, Rod Finch, is set to join BOQ in April as its first director of transformation, as the bank continues to attract fresh talent.

HomeBuilder applications exceed 75k
21 January 2021
HomeBuilder applications exceed 75k

Over 75,000 households have applied for a HomeBuilder grant, with the majority of applications relating to the construction of a new home, according to latest figures.

Two lenders announce merger - 2021
20 January 2021
Two lenders announce merger

A credit union and a bank have signed a memorandum of understanding to enter merger discussions.

Citi consolidates wealth businesses
19 January 2021
Citi consolidates wealth businesses

The global bank has merged the wealth management teams in global consumer banking and institutional clients divisions to form a single wealth management organisation.

LATEST PODCAST: A new record in mortgage approvals
18 January 2021
LATEST PODCAST: A new record in mortgage approvals

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Loan approvals soar to record $24bn
18 January 2021
Loan approvals soar to record $24bn

The value of mortgage approvals swelled to a new record high in November, surpassing $24 billion, the ABS has found.

BOQ adds to its legal team
18 January 2021
BOQ adds to its legal team

The non-major bank has made an appointment to the newly created role of group general counsel and company secretary.

NAB to accelerate unconditional approvals
15 January 2021
NAB to accelerate unconditional approvals

The big four bank has confirmed that it is rolling out a new program of work to increase the speed in which it provides unconditional approvals.

Government urged to establish HECS-style SME loans
15 January 2021
Government urged to establish HECS-style SME loans

The ASBFEO has called on government to fund a revenue-contingent loan scheme for SMEs to help them manage cash flow once support measures end.