Debt Consolidation Australia

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Private Mortgage Insurance (PMI):
A type of insurance that a borrower might be required to purchase as a condition of a conventional mortgage loan, if the down payment is less than 20% of the property value.

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LMG's Asset Finance Exchange Hits $80 Million Milestone in First Year

Platform's Success Highlights Australia's Booming Asset Finance Sector

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Loan Market Group's (LMG) Asset Finance Exchange (AFX) has achieved approximately $80 million in settlements within its inaugural year, underscoring the robust growth of Australia's asset finance market.

The platform connects mortgage brokers with asset finance specialists, facilitating streamlined access to asset finance solutions.

Since its launch in October 2024, AFX has settled over 1,800 deals, with an average deal size of about $45,000. More than 50% of brokers are active referrers, and approximately 75% have submitted multiple referrals over the past year. This engagement reflects the platform's effectiveness in meeting the needs of brokers and clients alike.

The Australian asset finance market is experiencing significant momentum, with businesses leveraging asset finance to access capital without straining existing cash flow. This trend is particularly beneficial for small and medium-sized enterprises (SMEs) seeking to expand operations or invest in new equipment. For individuals managing multiple debts, asset finance can offer an alternative means of securing funds without further complicating personal debt portfolios. However, it's essential to assess the terms and ensure that such financial decisions align with one's overall financial strategy.

Published:Monday, 10th Nov 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

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Finance News

Understanding the RBA's February Rate Cut and Its Impact on Your Finances

10 Mar 2026: Paige Estritori

In February 2025, the Reserve Bank of Australia (RBA) reduced the cash rate by 0.25 percentage points, bringing it down to 4.10%. This move, the first rate cut since November 2020, aims to stimulate economic growth amid slowing inflation and global uncertainties. - read more

Navigating APRA's New Debt-to-Income Loan Cap: Implications for Borrowers

10 Mar 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has announced a significant policy change, introducing a 20% cap on new loans with a debt-to-income (DTI) ratio exceeding six times the borrower's income. This measure, effective from February 2026, aims to mitigate potential risks associated with high levels of household debt. - read more

The Rise of Cryptocurrency-Backed Loans in Australia: Opportunities and Risks

10 Mar 2026: Paige Estritori

In recent years, Australia has witnessed the emergence of cryptocurrency-backed loans, where digital assets like Bitcoin and Ethereum are used as collateral. This innovative lending practice offers borrowers access to funds without liquidating their crypto holdings, appealing to those who anticipate future appreciation of their digital assets. - read more

APRA's New Cap on High Debt-to-Income Home Loans Explained

02 Mar 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating risks in the housing market. Effective February 2026, APRA will impose a cap on high debt-to-income (DTI) home loans, limiting such loans to 20% of new home lending. This measure applies to both owner-occupiers and investors, with an exemption for new housing developments. - read more

Australia's Household Debt: A Global Perspective

02 Mar 2026: Paige Estritori

Recent data reveals that Australia's household debt has escalated to 182% of disposable income, positioning the nation as having the second-highest household debt globally. This significant figure underscores the growing reliance on borrowing among Australian households, particularly in the realm of mortgage lending. - read more

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The Reality of Debt Consolidation: Does it Affect Your Ability to Borrow in Future?

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This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.

IMPORTANT: We do not provide financial product advice or credit assistance. We act solely as an introducer and refer enquiries to licensed third-party intermediaries, insurers, and lenders - with whom you can then deal directly. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should always verify the credentials of your financial adviser before proceeding with recommendations that they may present. Visit the ASIC website for further information.