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Breaking News
Resimac’s Rodney Cottam runs 560km in 7 days
by Annie Kane • 6 Nov 2024
Resimac’s regional sales manager has completed a 560-kilometre run in seven days, pushing his limits and raising...
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Transparent promotion frameworks vital in financial services
by Malavika Santhebennur • 6 Nov 2024
A global investment management firm executive has called for standardised promotion policies to close the “gendered...
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Bizcap expands into Singapore
by Annie Kane • 6 Nov 2024
The SME lender has welcomed Joseph Lim as its new managing partner for Asia as it prepares to open its doors in...
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RBA still sees ‘upside risks’ and ‘not ruling anything in or...
by Annie Kane • 5 Nov 2024
It’s been a year since the cash rate last moved, and while inflation is falling, the central bank has warned it still...
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RBA unlikely to cut the cash rate this year, say economists
by Annie Kane • 5 Nov 2024
The market expects the central bank to hold the cash rate today, despite inflation being within the RBA’s target...
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Westpac reveals increase in broker flows
by Ben Squires • 5 Nov 2024
The major has once again reported growth in the proportion of loans coming from the third-party channel.
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AMP appoints first director for new digital bank
by Annie Kane • 5 Nov 2024
The bank has hired a leader for its new digital banking division, which will officially launch next year.
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Elders acquires agri brokerage
by Annie Kane • 5 Nov 2024
The agribusiness specialist has acquired a regional South Australian brokerage as it continues to grow its broker and...
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Broker numbers surpass 21k in Australia
by Annie Kane • 4 Nov 2024
New data has suggested that there are now a record 21,225 customer-facing brokers in Australia.
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Bank ‘greed’ on home loans called out
by Annie Kane • 4 Nov 2024
The FBAA has slammed banks for pursuing profit to the point of greed, after new data showed the majors make more than...
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Investor activity high amid dip in value of new housing loans
by Ben Squires • 4 Nov 2024
New home lending dipped in September for the first time since January 2024, but investor activity remained high,...
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Macquarie home loan book grows 9% in 6 months
by Ben Squires • 4 Nov 2024
The lender has revealed its home loan portfolio grew 9 per cent over the six months to September 2024.
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Treasury keen to engage with brokers: Stephen Jones
by Annie Kane • 1 Nov 2024
Assistant Treasurer Stephen Jones has told the FBAA conference that Treasury will continue to engage with brokers to...
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Non-bank lender welcomes new GM of sales
by Ben Squires • 1 Nov 2024
The lender has announced a newly created role designed to help drive growth and strengthen broker partnerships.
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Commercial property sentiment remains negative
by Ben Squires • 1 Nov 2024
The latest index print has reflected softening business conditions and subdued economic growth.
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Loan Market appoints new state director for NSW and ACT
by Ben Squires • 1 Nov 2024
The new appointment sees Loan Market strengthen its local leadership team in NSW and ACT with a “familiar face”.
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Assetline Capital expands product range
by Ben Squires • 1 Nov 2024
The new offerings come as part of a strategic move for the non-bank to establish itself as a full-service lender.
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Prospa unveils new quoting tool for brokers
by Ben Squires • 31 Oct 2024
The lender has unveiled a new tool that gives brokers the ability to provide on-the-spot quotes.
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Final week to submit for Better Business Awards 2025
by Ben Squires • 31 Oct 2024
Nominations and submissions are closing soon for the 12th annual Better Business Awards, run in collaboration with...
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Wisr records rise in loan originations
by Ben Squires • 31 Oct 2024
The fintech lender’s latest market update has revealed “significant” growth for the quarter ending 30 September...
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ASIC launches legal action against lender
by Reporter • 31 Oct 2024
The regulator has commenced proceedings against a private lender.
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CPI returns to RBA target band
by Ben Squires • 30 Oct 2024
New CPI figures have shown inflation returning to the RBA’s target range for the first time since 2021.
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New loan volumes up 16% YOY
by Ben Squires • 30 Oct 2024
PEXA has revealed year-on-year increases in both residential and commercial new loan volumes for the September 2024...
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ASIC warns of potential AI ‘governance gap’
by Ben Squires • 30 Oct 2024
Nearly half of the licensees in ASIC’s review did not have AI policies in place that considered fairness,...
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Housing Australia approved almost $880m in AHBA loans in FY24
by Ben Squires • 30 Oct 2024
The national housing agency’s loans have supported the supply of more than 2,400 social and affordable homes across...
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