AFG welcomes Granite Home Loans to panel
Australian Finance Group is today announcing the addition of a new lender onto the AFG panel. Granite Home Loans will join the panel with a new Self-Managed Super Fund (SMSF) product, making AFG’s one of the broadest residential lender panels in the Australian mortgage market. Head of Sales & Distribution, Chris Slater engaged Granite Home […]
Protecting your business against cybercrime
As a mortgage broker, you know how to take simple precautions to protect your business against crime when you’re not in the office. All you have to do is make sure the windows are latched, the doors are locked, the alarm is on and the insurance is up to date. But what about protecting your business against cybercrime now that most, if not all, of […]
Using AFG analytics expertise to help the bushfire victims
Like everyone in Australia, at AFG we were shocked and saddened by the devastating bushfires that burned across the country over the summer months. Whilst the fires are now finally out, there are many communities that face a long and challenging journey of rebuilding their homes and towns. AFG continues to work on a number […]
2020 MFAA Excellence Awards: State Finalists
The MFAA Excellence Awards are presented to members of the association who display exceptional practice in mortgage and finance. The awards encourage members of the industry to constantly improve and strive for excellence. To be recognised as a finalist speaks volumes of their exceptional practice and professionalism in the mortgage and finance industry. Congratulations and best of […]
Record month to close the quarter as major lenders put their foot down
The AFG Index released today shows the Australian lending market is beginning to feel the effects of the uncertainty of the COVID-19 pandemic. AFG CEO David Bailey outlined what the company is witnessing: “In a departure from our usual reporting process, I thought it would be useful to break down the March activity as a […]
AFG launches new client assistance calculator for brokers
AFG has released a COVID-19 Action Plan Calculator to help brokers outline the options available to their customers if their circumstances have changed due to COVID-19. AFG Head of Sales and Distribution Chris Slater explained the development of the tool: “We developed this tool for Brokers to help them have a more informed discussion with […]
RBA has announced the cash rate to be unchanged at 0.25%
The cash rate decision for April has been announced by the RBA with the rate unchanged at 0.25%. Just 19 days ago the RBA announced a .25% emergency cut in response to the economic threat posed by the COVID-19 crisis, reducing the rate to its lowest ever level. In response many lenders reduced fixed rates […]
AFG transitions to digital solution to support brokers and their clients
As the impacts of the COVID-19 pandemic continue to take hold, AFG has rolled out a digital offering to help brokers overcome some of the challenges disrupting business operations. AFG Head of Sales and Distribution Chris Slater explained the move: “With this ever changing and fast-moving environment the verification of identity (VOI) and ‘knowing your […]
RBA has reduced the cash rate to a new record low of 0.25%
Today, the RBA announced an out-of-cycle emergency rate cut to help the Australian economy withstand the impact of COVID-19. The RBA has reduced the cash rate to a new record low of 0.25%. If the COVID-19 crisis is affecting your financial situation, please get in touch with an AFG broker to formulate a plan to […]
SMEs using the ATO like a “bank” – what your clients need to know
As of the February 21 2020, the ATO will disclose tax debts over $100,000 that are overdue by more than 90 days to Credit Reporting Bureaus (CRB). Business owners historically have used the ATO as a “bank” by not paying their tax commitments on time, rather than utilise their own capital or commercial working capital […]