Breaking News
Heritage and People’s Choice resi portfolio up $900m
by Adrian Suljanovic • 11 Oct 2023
The freshly formed mutual bank has reported a lift in its residential lending portfolio for the financial year ended 30...READ MORE
Bridgit appoints regional sales director
by Adrian Suljanovic • 11 Oct 2023
The non-bank lender has announced the appointment of Michael Balshaw as its new regional sales director.
READ MOREBusinesses to look to brokers as ATO prepares to disclose debtors
by Josh Needs • 10 Oct 2023
Brokers could see an influx of debt inquiry from SMEs after the ATO has warned businesses that they risk having their... READ MORE
Brokers observe a boom in WA property investment
by • 10 Oct 2023
Brokers have been noticing a surge in property investment in Western Australia while other states and territories... READ MORE
Better Choice reduces serviceability buffers
by Adrian Suljanovic • 10 Oct 2023
The non-bank lender has announced that it has reduced its assessment buffer for one of its product ranges.
READ MOREUp to a half of high LTI borrowers living beyond their means
by Annie Kane • 10 Oct 2023
Up to 50 per cent of borrowers with high loan-to-income ratios do not have sufficient income to meet their housing... READ MORE
Brokers navigate construction industry turmoil
by • 9 Oct 2023
The construction sector is grappling with a severe crisis, experiencing a staggering 72 per cent increase in... READ MORE
Rate Money expands clawback reductions
by Reporter • 9 Oct 2023
The mortgage manager has announced reduced clawbacks and further enhancements on another one of its product... READ MORE
Transport drives household spending increase
by Josh Needs • 9 Oct 2023
Household spending in August has been driven by a jump in non-discretionary spending, including transport, according to... READ MORE
CBA confirms appointment of permanent broker head
by Annie Kane • 6 Oct 2023
The big four bank has announced the formal appointment of its new general manager, third-party banking.
READ MOREBrokers ‘key to democratising finance’, says former ASIC chair
by Annie Kane • 6 Oct 2023
Mortgage brokers are “a very effective competition tool against the banks” and are key to “democratising... READ MORE
CBA loan book drops as pricing war heats up
by Adrian Suljanovic • 6 Oct 2023
The major bank’s loan growth has dropped, with some brokers suggesting a lack of competitive pricing has been a... READ MORE
Agribusinesses brace for looming drought, lenders report
by • 6 Oct 2023
As bushfires and extended droughts hover on Australia’s horizon, businesses are bolstering their cash reserves in... READ MORE
CBA appoints new small-business banking executive
by Josh Needs • 6 Oct 2023
The new executive will focus on “delivering value-added outcomes to help business owners thrive”, according to the... READ MORE
Hot Property: The biggest property headlines from week 2–6 October
by Adrian Suljanovic • 6 Oct 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 6... READ MORE
Senate accuses ASIC of failing to act on bank misconduct
by • 5 Oct 2023
The regulator’s alleged mishandling of banking misconduct complaints has been labelled as ‘shameful’ and... READ MORE
Brokers rate speed and service as top priority: AMP
by Reporter • 5 Oct 2023
Speed and service have emerged as the top priorities for mortgage brokers, according to a recent survey.
READ MOREMajority of borrowers can’t handle another rate rise: Canstar
by Josh Needs • 5 Oct 2023
Over two-thirds of mortgage holders “won’t be okay” if rates rise again, according to Canstar, but brokers are... READ MORE
Expanded media platform unveiled to support Australia’s cyber sector
by Reporter • 5 Oct 2023
Australia’s leading source of market intelligence and news for the cyber security sector, Cyber Security Connect, has... READ MORE
Finsure hits new milestones as it eyes international expansion
by Adrian Suljanovic • 4 Oct 2023
The aggregator has announced two new milestones as it looks to expand its operations overseas.
READ MOREASIC sues payday lenders
by Reporter • 4 Oct 2023
ASIC has commenced civil penalty proceedings in the Federal Court accusing two payday lenders of providing credit... READ MORE
Credit repair provider expands reach into broker channel
by Reporter • 4 Oct 2023
Credit Fix Solutions has joined the panel of Purple Circle, the latest aggregator partnership it has unveiled to help... READ MORE
Mortgagors 'not out of the woods yet', CEO warns
by Adrian Suljanovic • 3 Oct 2023
The RBA has called the cash rate for October, however, threats of another cash rate hike loom, an aggregator's chief... READ MORE
Cash rate pause likely to continue in October
by Adrian Suljanovic • 3 Oct 2023
Another hold in the cash rate is expected during the Reserve Bank of Australia’s October board meeting.
READ MOREMFAA relaunches consumer campaign
by Adrian Suljanovic • 3 Oct 2023
The association has announced it is once again running its campaign targeted at consumers during the spring... READ MORE
Property app launches that nudges investors to refinance
by Reporter • 3 Oct 2023
A free new app has been launched that enables property investors to track their portfolio’s performance and receive... READ MORE
Financial and insurance job vacancies continue to fall
by Reporter • 3 Oct 2023
The financial and insurance services sector is the only industry to have fewer vacancies now than before the pandemic,... READ MORE
Oak Capital joins SFG panel
by Reporter • 2 Oct 2023
Brokers aggregating under Specialist Finance Group will now be able to access the short-term funding products of the... READ MORE
WA broker recognised as fellow of the MFAA
by Josh Needs • 2 Oct 2023
The MFAA board has inducted a new fellow, recognising an award-winning finance broker for her “experience and... READ MORE
CBA announces board member resignation
by Adrian Suljanovic • 2 Oct 2023
The major bank has announced that one of its board members will be stepping down from the role.
READ MORE
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