Breaking News
Better Choice streamlines clawbacks for commercial products
by • 21 Aug 2023
The non-bank lender has removed clawbacks across its commercial lending in a move to assist brokers.
READ MOREMyState Bank reveals over 14% home lending growth
by Josh Needs • 21 Aug 2023
The non-major bank has attributed its loan book growth and customer base expansion to increased broker partnerships in... READ MORE
Marketplace Finance announces a partnership with LMG brokers
by Reporter • 21 Aug 2023
The brokerage has joined the newly launched LMG Commercial Referral Hub, in a move to expand its commercial finance... READ MORE
Bank of Sydney reveals organisational restructure
by Josh Needs • 21 Aug 2023
The lender’s strategic reshuffle has seen two existing and one added team member step into new... READ MORE
SME lender welcomes 2 senior BDMs
by • 18 Aug 2023
As part of its expansion into the NSW market, SME lender Fifo Capital has announced the appointment of two senior... READ MORE
Qudos Bank appoints new CEO
by Josh Needs • 18 Aug 2023
The mutual bank has said the appointed professional has over 20 years of leadership experience in financial... READ MORE
Hot Property: The biggest property headlines from week 14–18 August
by Adrian Suljanovic • 18 Aug 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 18... READ MORE
Resimac launches reduced rate offers for prime products
by Josh Needs • 17 Aug 2023
The non-bank lender has said the offer would enable brokers to provide their investor clients “much needed financial... READ MORE
ASIC loses case against CBA and Colonial First
by Naomi Neilson • 17 Aug 2023
ASIC failed to overturn a Federal Court finding that the Commonwealth Bank of Australia and Colonial First State did... READ MORE
First-ever Women in Finance Summit launches
by Malavika Santhebennur • 17 Aug 2023
Momentum Media is proud to launch its inaugural Women in Finance Summit, aimed at supporting and connecting leading... READ MORE
National cabinet touts ‘better deal’ for renters
by • 16 Aug 2023
The national cabinet has agreed to implement a cap on rental increases in a bid to support renters’... READ MORE
Non-bank lender ‘cheers on’ Liberty A-League players
by • 16 Aug 2023
As the excitement builds around the Matildas’ remarkable journey in the World Cup, non-bank lender Liberty is backing... READ MORE
Housing solutions, rent caps, centre to national cabinet discussions
by Josh Needs • 16 Aug 2023
Despite the Greens’ demands to place a rent freeze across the nation, the Prime Minister has said the discussions... READ MORE
Dwelling commencements ‘to remain soft’: CBA
by Josh Needs • 16 Aug 2023
CBA has warned dwelling approvals could reach lows not seen since 2011.
READ MORETreasurer welcomes ‘solid’ wage growth amid high inflation
by • 16 Aug 2023
In the face of continued inflationary pressure, federal Treasurer Jim Chalmers has welcomed the uptick in wage... READ MORE
NAB SME business lending up in 3Q23
by Adrian Suljanovic • 16 Aug 2023
The major bank has reported a lift in its small- to medium-sized business lending for the quarter ended 30 June... READ MORE
Banks scale back cashback offers amid easing competition
by • 15 Aug 2023
While a number of providers are continuing to use cashbacks as an incentive for borrowers looking to refinance, nearly... READ MORE
Bendigo and Adelaide Bank reveals increase in resi third-party lending
by Josh Needs • 15 Aug 2023
The group’s third-party banking lending increased to 53 per cent of the non-major’s residential lending in the 2023... READ MORE
AFG and Brighten unveil white label offering
by Reporter • 15 Aug 2023
The aggregator and non-bank lender have unveiled a new range of white labelled products following their recent... READ MORE
RedZed welcomes new managing director
by Adrian Suljanovic • 15 Aug 2023
The non-bank lender has announced the appointment of Calvin Cordle as its new managing director.
READ MOREBrokers play a ‘really good role’, says Lowe
by • 14 Aug 2023
In his final address to the house economics committee as RBA governor, Philip Lowe praised brokers for their pivotal... READ MORE
Replacing human intervention would be a ‘demise’: Metro
by Josh Needs • 14 Aug 2023
In an era marked by technological advancements, striking a balance between technology adaptation and human interactions... READ MORE
Fixed-rate cliff passes the peak: CoreLogic
by • 14 Aug 2023
While the majority of fixed-rate loans created through COVID-19 have expired, arrears remain low, new data has... READ MORE
Top brokers revealed at Australian Broking Awards 2023
by Malavika Santhebennur • 11 Aug 2023
This year’s Australian Broking Awards provided national recognition to the best and brightest in the broking... READ MORE
NAB retains 85% fixed-rate clients amid cliff
by • 11 Aug 2023
The major bank informed brokers that strong retention rates were partly attributed to the robust third-party... READ MORE
Overdue trade invoices and debt collection rising: illion
by Josh Needs • 11 Aug 2023
An increase in the volume of overdue trade invoices and increasing debt collection could be a pointer of economic... READ MORE
Lumi farewells Ahmed Khan, restructures distribution leadership
by Annie Kane • 11 Aug 2023
The fintech lender has confirmed it will restructure its distribution leadership team after its head of sales Ahmed... READ MORE
Brokers see uptick in new refinancing clients: MFAA
by Josh Needs • 10 Aug 2023
Approximately 95 per cent of brokers have seen refinancing borrowers use the channel for the first time, according to... READ MORE
CBA broker flows drop
by Annie Kane • 10 Aug 2023
Mortgage broker originations fell at CBA in the financial year 2023, dropping to below 40 per cent of new CBA... READ MORE
Suncorp reveals broker originations increased to 80%
by • 10 Aug 2023
The third-party channel originated 80 per cent of the non-major bank’s home loans in the financial year 2023, an... READ MORE

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