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Breaking Barriers

Less Than 2 Months to Go!

The Purple Circle National Conference is just around the corner, and promises to be a fantastic event for PCFS Brokers, Lenders, Guests and Business Partners. 

Taking place 12–14 November 2025 at the Sunshine Coast in Queensland, this two-day gathering will bring together some of Australia’s top brokers and lender partners for learning, networking, and industry insights. As always, there will be plenty of time for wining and dining, with awards and dinners an opportunity to break down any social barriers! 

What to Expect

  • A line up of engaging speakers: 
  • Steven Bradbury OAM: Olympic speed skating legend 
  • Gus Balbontin: Former CTO of Lonely Planet 
  • Ruan Burger: Mortgage industry coach 
  • Joe Shannon:  Tech and automation specialist 
  • Updates on innovation, compliance, education, and technology shaping the future of mortgage broking 
  • Opportunities to connect with leading brokers and industry partners 

This is a members only event. For the itinerary and other details, head over to the website: https://purplecfs.com.au/conference-2025-brokers/

Small and Medium Enterprises (SME) Guarantee Scheme

The Scheme will enhance lenders’ willingness and ability to provide credit and will be available for new loans made by participating lenders until 30 September 2020.

The Government will provide eligible lenders with a guarantee of 50% per cent of new loans. Some generic terms are:

  • Businesses with a turnover of up to $50 million.

  • Maximum total size of loans of $250,000 per borrower.

  • Loans will be up to three years, with an initial six month repayment holiday.

  • Unsecured finance, meaning that borrowers will not have to provide an asset as security for the loan.

Reduced Interest Rates

Consider your current banking arrangements. The Reserve Bank has recently reduce the cash rate and lenders have passed this on to various loans they have.

Instant Asset Write Off

An increase in the instant asset write-off threshold from $30,000 to $150,000 30 June 2020.

Deferment of Loan Repayments for up to 6 Months

The banks are developing their own approach as to how to deal with requests from their clients for repayment holidays. Some are automatically granting the request, others are assessing the requests individually.