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Resimac moves to buy Thorn’s asset finance portfolio
by Annie Kane • 21 Jun 2023
The non-bank lender is set to acquire the majority of the asset finance portfolio from diversified financial services...READ MORE
48% of small businesses concerned about financial future: Xero
by Adrian Suljanovic • 21 Jun 2023
Almost half of small-business owners are worried about their business’s financial future, a new report has... READ MORE
Housing lending up in May: CBA
by Adrian Suljanovic • 21 Jun 2023
The major bank has reported that new housing lending increased during May.
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MFAA backs AFCA’s early triage scheme
by Annie Kane • 20 Jun 2023
The broker association has backed a proposal that would grant the financial complaints body “discretion” to close a... READ MORE
AFG and Brighten announce white label partnership
by Reporter • 20 Jun 2023
AFG brokers will soon be able to access a new white label product, funded by Brighten Home Loans.
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Mortgage Choice and Athena launch loan without the ‘loyalty tax’
by Annie Kane • 19 Jun 2023
Mortgage Choice and Athena Home Loans have launched a suite of mortgages designed to help borrowers avoid ‘loyalty... READ MORE
Pricing now top priority in broker recommendations: TPLR
by Annie Kane • 19 Jun 2023
Product pricing is now the leading attribute for brokers making lender recommendations to clients, the Third-Party... READ MORE
Cash property purchases surge: PEXA
by Adrian Suljanovic • 19 Jun 2023
Over a quarter of residential property transactions in Australia’s eastern states were funded without a mortgage... READ MORE
More banks expect rate hike in both July and August
by Annie Kane • 19 Jun 2023
Westpac has joined the growing number of economists forecasting a double hit to the cash rate in the next two... READ MORE
Resimac’s Rodney Cottam to run 500km in 106 hours
by Reporter • 16 Jun 2023
After having run 350km* over five days last year, Resimac regional sales manager Rodney “Rocket” Cottam has set... READ MORE
Compare n Save partners with BGL
by Annie Kane • 16 Jun 2023
The mortgage broking fulfilment fintech has been selected to provide loan comparison solutions to BGL’s Simple Fund... READ MORE
Hot Property: The biggest property headlines from week 12–16 June
by Adrian Suljanovic • 16 Jun 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 16... READ MORE
Broker clients overwhelmingly getting a better deal: Assistant...
by Annie Kane • 15 Jun 2023
Stephen Jones MP, Assistant Treasurer and Financial Services Minister, has flagged that broker clients are “finding a... READ MORE
8 non-banks leading the way on products, say brokers
by Reporter • 15 Jun 2023
Brokers have had their say and eight non-bank lenders have come out on top for the Non-Bank Product of Choice Survey... READ MORE
Registrations open for SME Broker Bootcamp 2023
by Malavika Santhebennur • 15 Jun 2023
For the first time ever, the free bootcamp will unpack the entire SME lending journey and provide tips on how brokers... READ MORE
New open banking platform launches for brokers
by Annie Kane • 14 Jun 2023
Mortgage brokers can access live loan information for all their customers using a new open banking platform,... READ MORE
June rate hike passed on by banks
by Adrian Suljanovic • 14 Jun 2023
The central bank’s most recent rate hike has been passed on by the nation’s banks.
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ASIC bans credit broker following fraud convictions
by Adrian Suljanovic • 14 Jun 2023
The regulatory body has permanently banned a Sydney-based credit broker from providing financial services or engaging... READ MORE
65% of broker back book not on most competitive loan
by Annie Kane • 14 Jun 2023
Nearly two-thirds of a broker’s existing mortgage clients could be on a better offer, new data from loan book... READ MORE
Buffer changes benefit 3 in 10 mortgage prisoners
by Annie Kane • 14 Jun 2023
Thirty per cent of ‘mortgage prisoners’ may now be able to refinance, as more lenders reduce serviceability... READ MORE
Lendi Group regains lost market share
by Reporter • 13 Jun 2023
The mortgage broking group has announced it has regained lost market share two years on from its merger with Aussie... READ MORE
MONEYME launches discounted EV loans
by Reporter • 13 Jun 2023
The digital lender has announced the launch of discounted rates on loans for electric vehicles.
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Australian banking outlook ‘deteriorating’: Fitch
by Reporter • 13 Jun 2023
Sharemarkets have been rattled by the ratings agency’s decision to downgrade the outlook for Australian and New... READ MORE
Rent freezes and rent caps must be put to rest: REIA
by Reporter • 13 Jun 2023
The Real Estate Institute of Australia (REIA) is urging an end to the prolonged speculation surrounding rent freezes,... READ MORE
Over 40% of house and unit markets record double-digit rent rise:...
by Reporter • 12 Jun 2023
CoreLogic has recorded the strongest annual rent increase for the nation’s capitals, with Perth reporting a 13 per... READ MORE
WA government to introduce new tenancy laws
by Adrian Suljanovic • 12 Jun 2023
The McGowan government is progressing reforms to its state tenancy laws to “strike a balance between tenants and... READ MORE
Auction activity slowed by King’s Birthday
by Kyle Robbins • 12 Jun 2023
After months of incredibly high activity, national auction activity is expected to decline 40 per cent this week as a... READ MORE
FBAA head ‘dumbfounded’ by RBA governor comments
by Annie Kane • 9 Jun 2023
The head of the broker association has hit back at governor Philip Lowe’s comments that people could reduce spending... READ MORE
Borrowers ‘would be crazy’ not to see a broker: MFAA
by Annie Kane • 9 Jun 2023
As lenders are passing on the June rate hike to mortgagors — and with more hikes expected to come — the MFAA has... READ MORE
Broker channel dominates banks’ mortgage business
by • 9 Jun 2023
A new survey revealed that up to 80 per cent of mortgage business is conducted through the broker channel, representing... READ MORE
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