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Fintech hires new state manger Qld, NT, and WA

by Adrian Suljanovic • 8 Jun 2023
The fintech platform has announced Adam Barker as its new state manager for Queensland, Northern Territory, and Western...READ MORE

CBA hit with record fine for breaching spam laws

by • 7 Jun 2023
The communications watchdog has slammed the Commonwealth Bank with a $3.55 million fine for breaching spam... READ MORE

Refinance challenges ahead as rates rise

by • 7 Jun 2023
In a recent survey, brokers have expressed concerns about the impact of rising interest rates and longer processing... READ MORE

Fintech lender prices ABS transaction

by Adrian Suljanovic • 7 Jun 2023
The fintech lender has announced the pricing of a $406 million asset-backed securities transaction covering automotive... READ MORE

2 major banks announce head of broker changes

by Annie Kane • 6 Jun 2023

Two big four banks have announced changes to their head of broker channel.

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Rate hike to 'tip people into financial hardship', warns broker

by Adrian Suljanovic • 6 Jun 2023

The RBA's latest rate hike could potentially push people into more financial hardship, a broker has warned.

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Mortgage stress hits 15-year high

by • 6 Jun 2023
A growing number of Australians face potential mortgage stress, ahead of the central bank’s monetary policy meeting... READ MORE

Fixed-rate roll-offs to double each month to December: Connective

by Annie Kane • 6 Jun 2023
For every month between now and December, the volume of fixed-rate loans expiring at Connective will be double what... READ MORE

Brokers drive strong uptake in Shift equipment line transactions

by Annie Kane • 6 Jun 2023
Seventy per cent of Shift’s equipment line transactions have been originated by the broker channel, the SME lender... READ MORE

LMG appoints executive CISO

by Reporter • 6 Jun 2023
The aggregator has announced the appointment of Luke Jarmaine as its new CISO to further protect brokers and clients... READ MORE

How brokers are helping borrowers navigate the fixed-rate cliff

by • 5 Jun 2023
With hundreds of thousands of borrowers rolling off their fixed-rate mortgages, we ask brokers what they are doing to... READ MORE

Lender penalised for charging excessive interest to consumers: ASIC

by Adrian Suljanovic • 5 Jun 2023
The Federal Court has issued a penalty to a lender that was found to charge excessive interest rates on its... READ MORE

Mortgage Choice launches campaign to recruit more female brokers

by Reporter • 5 Jun 2023
The brokerage group today (5 June) launched a new campaign to help increase the number of women in the mortgage broking... READ MORE

AMP Bank ‘sticking with 3%’ buffer for now

by Annie Kane • 2 Jun 2023
The non-major bank has said it is “sticking with a 3 per cent buffer” on its loans as it considers it to be “very... READ MORE

MA Money appoints head of sales and strategic partnership

by Adrian Suljanovic • 2 Jun 2023
The non-bank lender has announced the appointment of Alex Brgudac as the company’s new head of sales and strategic... READ MORE

MFAA announces new Qld state manager

by Adrian Suljanovic • 2 Jun 2023

The MFAA has appointed Chad Hoy Poy as its new state manager for Queensland.

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Hot Property: The biggest property headlines from week 29 May to 2...

by Adrian Suljanovic • 2 Jun 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 2... READ MORE

The fixed-rate cliff arrives

by Annie Kane • 1 Jun 2023
The bulk of super-low fixed-rate loans will be expiring over the next few weeks onto much higher revert rates, but APRA... READ MORE

Student debt hampers borrowers’ serviceability

by • 1 Jun 2023
Lingering university debt will put home ownership further out of reach for many Australians, as home loan... READ MORE

Owner-occupied lending lifts more than $5bn in April

by • 1 Jun 2023
Australian banks’ total mortgage portfolio surpasses $2 trillion, as owner-occupied lending continues to... READ MORE

Major bank announces 2 appointments

by Adrian Suljanovic • 1 Jun 2023
The major bank has announced the appointment of a new chief information security officer and a new board... READ MORE

Broker market share hits March quarter record: MFAA

by Adrian Suljanovic • 31 May 2023

The MFAA has confirmed mortgage broker market share has reached a new milestone for the March quarter.

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15% of FHBs facing ‘mortgage prison’: Lendi

by Annie Kane • 31 May 2023
More than 15 per cent of first home buyers have a loan-to-value ratio over 90 per cent and could find it difficult to... READ MORE

Brokers complete 1,115km bike ride from Sydney to Melbourne

by Annie Kane • 31 May 2023
Victoria-based brokers Jason Butcher and Ashley Jones have completed a 1,115km bike ride from Sydney to Melbourne to... READ MORE

SMEs avoid personal finance to fund business costs: ScotPac

by Reporter • 31 May 2023

Small businesses are steering clear from personal finance to fund business costs, a new report reveals.

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‘Less favourable conditions’ drag rental investments down: Report

by • 30 May 2023
Increased mortgage repayments and declining housing finance have made conditions less favourable for investors, despite... READ MORE

SME lender flags importance of brokers at EOFY

by Adrian Suljanovic • 30 May 2023
The SME lender has encouraged small businesses to act fast to take advantage of EOFY tax breaks with assistance from... READ MORE

Consumer spending dip signals rate pause: CBA

by Charbel Kadib • 30 May 2023
A sharper-than-expected fall in retail spending is “just what the Reserve Bank wants to see” ahead of its next... READ MORE

ING, Suncorp repeal cashback offers

by Annie Kane • 29 May 2023
Two non-major banks have become the latest lenders to confirm they will be pulling their cashback offers from market in... READ MORE

Another major bank dumps cashbacks

by Adrian Suljanovic • 29 May 2023

A third major bank has announced it would cease offering cashbacks.

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