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Cash flow woes increase for SMEs

More than one in five SMEs are having cash flow issues due to business loans being rejected, research from Scottish Pacific has found.

RBA heeds global ‘shift’, hints at more cuts

Australia cannot “insulate” itself and “ignore” shifts in global interest rates, Reserve Bank governor Philip Lowe has said, hinting at further reductions to the cash rate.

Heritage hits $10bn milestone

The mutual bank has surpassed $10 billion in total consolidated assets and seen an 8.3 per cent increase on loan approvals, according to its...

NAB supplies fintech with $57m loan facility

A fintech lender has secured a $57-million warehouse facility from NAB, as part of the major bank’s commitment to supplementing the growth of “high-potential” start-ups.

Banks reprice home loan offerings

The wave of mortgage rate reductions in response to easing funding costs has continued, with two lenders, including a major bank, dropping rates by up to 90bps. 

Eager FHBs feeling the deposit burden

Almost 60 per cent of prospective first home buyers are looking to crack into the property market with a deposit of less than 20 per cent, new research has revealed.

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