Investment lending effected by property prices

The property booms in Sydney and Melbourne have begun to affect investment lending and have ripple effects for borrowers throughout Australia. Earlier this year, the Australian Prudential Regulation Authority (APRA) grew concerned about skyrocketing property prices. They asked the major banks to ensure their investment lending did not grow by more than 10 percent. When investment lending […]

Ex-AFL legend now a star on a new playing field

A household name when it comes to football, premiership winning player and former Port Adelaide club captain Dom Cassisi is now creating a name for himself as the rising star in the finance industry, helping householders across South Australia find the right finance. At AFG’s High Achievers Gala Dinner on Saturday night Dom took out the […]

Award success for AFG and members

Leading mortgage broker AFG congratulated their members taking home awards from The Adviser Australian Broking Awards in Sydney today and took the time to celebrate their own success in winning two award categories. AFG General Manager Sales and Operations Mark Hewitt was in Sydney for the awards, “I would like to congratulate AFG members who […]

AFG adds Prospa to its business lending panel

Australia’s largest mortgage broker, Australian Finance Group (AFG), has added Australia’s largest online business lender Prospa to its lending panel. AFG Managing Director Brett McKeon said the company will promote Prospa’s small business loans through its 2,300-strong broker network. Mr McKeon said the agreement with Prospa continues AFG’s commitment to ensuring its member brokers have […]

AFG commercial brokers dig deep for K.I.D.S Foundation

AFG’s fourth annual Commercial and Equipment Finance Conference in Melbourne has just come to a close. Top AFG commercial and equipment finance brokers from across the country came together with lender partners and AFG staff for two days of conferencing and along the way raised $11,715 to support a very worthy cause. Mark Hewitt, AFG […]

Renovate Right

It’s been more than 25 years since Tom Hanks and Shelley Long showed us the calamitous side of renovating gone wrong in the comedy movie, The Money Pit, but the warnings ring loud and clear today. With a sluggish property market, many homeowners are opting to renovate rather than relocate. Before you hit the hardware […]

Budget Bonanza

The budget gave small business something to smile about, but big business is waiting for more. Are you reading this on a new laptop or tablet? You may already be reaping the benefits of a Budget which promised something special for Australian small businesses and delivered in spades. Council of Small Business Chief Executive Peter […]

Many happy returns – tax time is here!

It’s time to roll up your sleeves, report, reconcile and get set for the year ahead. The start of a new financial year is the time to draw a line under the old and begin planning for the future. For business owners, that means make sure everything from 2014/15 has been tied up and you […]

The smart money is on you

By world standards, Australia is a wealthy nation. We have a strong economy with high employment and a far rosier outlook than most developed countries. And yet almost half (47 per cent) of us are anxious about our finances, according to research by the Boston Consulting Group. Finance guru Paul Clitheroe reckons most Australians want […]