Breaking News

Banning LRBAs not on government agenda: Treasurer
by Keeli Cambourne • 21 May 2025
Treasurer Jim Chalmers has said the government is not “considering” banning LRBAs in SMSFs, despite the Greens’... READ MORE
CommBank

CBA acts to speed up asset finance options
by Will Paige • 21 May 2025
The major has made a host of changes to its asset finance offering, including for brokers, as it works to reduce the... READ MORE
Commercial property

Lenders remain bullish on commercial real estate

by Will Paige • 21 May 2025
Demand for commercial mortgages has remained relatively unchanged over the past year despite intensifying global... READ MORE

Rate cut renews borrower and broker optimism
by Annie Kane • 20 May 2025
The broking industry has welcomed the latest rate drop, particularly as several lenders have moved quickly to confirm... READ MORE
RBA

RBA cuts cash rate below 4% for first time in 2 years
by Will Paige • 20 May 2025
The cash rate will drop below 4 per cent for the first time in two years as the central bank continues its rate-easing... READ MORE
Reserve Bank of Australia (RBA)

Market widely expects 25-bp rate cut today
by Will Paige • 20 May 2025
There is near-unanimous agreement that the RBA will reduce the cash rate today, but longer-term forecasts are being... READ MORE
Refinancing

February rate cut triggers refinancing flurry
by Will Paige • 20 May 2025
Refinancing surged in March and April as the rate-easing cycle prompted mortgage holders to seek out more competitive... READ MORE
AFCA

AFCA moves to expand oversight to bank scams
by Will Paige • 20 May 2025
If proposed changes are approved, receiving banks will fall within AFCA’s jurisdiction when it assesses complaints... READ MORE

E-conveyancing competition calls intensify after PEXA ‘issue’
by Annie Kane • 19 May 2025
Conveyancers are calling for more ELNO competition after a “technical issue” at PEXA resulted in delays to some... READ MORE
Lumi - John Clifford and Anna Hawter

More than half of SMEs plan to borrow in the next year
by Will Paige • 19 May 2025
An increasing number of small businesses are looking to take out finance in the next year, according to Lumi. READ MORE
Travis Tyler and Aaron Bassin

Aussie launches white label bridging loan
by Will Paige • 19 May 2025
The major brokerage has partnered with Bridgit to offer a new white label bridging loan. READ MORE
Andrew Wagg - Shift

Cost crunch among top challenges for broker clients
by Will Paige • 19 May 2025
Cost pressures and access to capital are among the top concerns for brokers’ clients, Shift research shows. READ MORE

ING moves to new settlement tech
by Annie Kane • 16 May 2025
The non-major bank is harnessing MSA National technology to transform its settlement process with near-instant loan... READ MORE

Flint announces expansion into SA via merger
by Annie Kane • 16 May 2025
Sydney brokerage Flint has begun expanding its presence across Australia, as an Adelaide-based brokerage merges into... READ MORE
Joe Mittiga

BNK appoints new COO
by Will Paige • 16 May 2025
FleetPartners’ former head of lease establishment has joined non-bank lender BNK. READ MORE
Nick McGrath - Moneytech

Fintelligence adds Moneytech to commercial panel

by Will Paige • 16 May 2025
The AFG-owned aggregator has bolstered its commercial panel in response to growing demand for SME finance options. READ MORE
Queensland flooding

North Qld small businesses offered disaster relief grants

by Will Paige • 16 May 2025
The government is providing $15,000 disaster relief grants to small businesses in North Queensland. READ MORE

Hot Property: The biggest property headlines from the week 12–16 May
by Ben Squires • 16 May 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 16... READ MORE

AMP CEO defends 10-year IO loan offering
by Annie Kane • 15 May 2025
After its new, 10-year interest-only home loan raised eyebrows, AMP CEO Alexis George has defended the loan product. READ MORE

CBA proprietary flows continue to dominate
by Annie Kane • 15 May 2025
The proportion of broker-originated mortgages continues to fall at CBA, with 68 per cent of new home loans coming from... READ MORE
Home lending

New home lending grows annually, investment loans near record
by Will Paige • 15 May 2025
The value of new home lending in the March 2025 quarter was more than 14 per cent higher year on year, despite a slight... READ MORE
Young home owners

Young Australians upbeat on home ownership
by Will Paige • 15 May 2025
Despite housing affordability being one of their biggest concerns, younger consumers remain optimistic about buying a... READ MORE
Jacinta Allan

Victoria to extend stamp duty discount for new homes
by Will Paige • 15 May 2025
Premier Jacinta Allan has announced a one-year extension to the stamp duty concession scheme for off-the-plan... READ MORE

Industry sets out wish list to new Financial Services Minister

by Annie Kane • 14 May 2025
The broker associations have set out their hopes for what they’d like new Financial Services Minister Daniel Mulino... READ MORE
Green lending brokers

Brokers well-placed to ride green home loan wave

by Will Paige • 14 May 2025
As climate change and a cost-of-living crisis drive interest in green finance, brokers can capitalise on a growing... READ MORE