Breaking News
65% of Australians exposed to scams in 2021–22: ABS
by Adrian Suljanovic • 23 Feb 2023
Data released by the ABS has revealed two-thirds of Australians over the age of 15 were subjected to scams over...READ MORE
BOQ appoints new broker head
by • 22 Feb 2023
The bank has announced the departure of its broker head Kathy Cummings, welcoming Johnny Lockwood to a “newly... READ MORE
Broker channel ‘critically important to us’: Judo Bank
by Fabian Cotter • 22 Feb 2023
SME lender Judo has praised the impact and influence of brokers on its recent success.
READ MOREBrokers urged to respond to lender performance survey
by Reporter • 22 Feb 2023
Mortgage and finance brokers are being asked for their thoughts on how lenders have been performing this past year, as... READ MORE
Construction space ‘terrifying’ for borrowers, broker says
by • 22 Feb 2023
As confidence in the construction industry plummets, borrowers are steering clear of locking into construction... READ MORE
Housing ‘smarts’ would reduce stress for 71% of FHBs
by Adrian Suljanovic • 22 Feb 2023
Over two-thirds of FHB feel that increased knowledge about the housing market would help them enter it more securely,... READ MORE
Broker market share at Bendigo Bank slides
by • 21 Feb 2023
Third-party origination for Bendigo and Adelaide Bank dropped in 1H23, but the channel continues to hold the majority... READ MORE
Lender reveals Aussie farmers invest in new tech
by • 21 Feb 2023
A rural lender has revealed asset finance for GPS technology is booming as farmers seek precision farming to save... READ MORE
Financial Circle director convicted and fined
by Adrian Suljanovic • 21 Feb 2023
Joshua David Fuocohas been convicted and fined for managing a financial services company while... READ MORE
Aquamore welcomes new Victorian BDM
by Reporter • 21 Feb 2023
The private lender has welcomed Darren McLeod, Finstro’s former channel manager for Victoria, South Australia, and... READ MORE
Former FAST CEO joins CitoPlus board
by Annie Kane • 20 Feb 2023
Brendan Wright has joined the board of technology platform Cito+ (CitoPlus), as the group ramps up its technology... READ MORE
Fintech lender hit with 2 infringement notices: ASIC
by Adrian Suljanovic • 20 Feb 2023
Jacaranda was issued the notices by ASIC after it was alleged that the lender’s website may contain false or... READ MORE
Wisr boosts funding capacity via $200m ABS deal
by Fabian Cotter • 20 Feb 2023
Non-bank lender Wisr has priced its third ‘asset-backed securities’ transaction, the company has announced.
READ MOREPersonal lender appoints new CEO, announces growth
by Annie Kane • 17 Feb 2023
While announcing its financial results for the year ended 31 December 2022, non-bank lender Latitude revealed who its... READ MORE
AMP residential loans hit $23.8bn
by Fabian Cotter • 17 Feb 2023
The non-major bank's loan book grew by $2 billion in the 2022 financial year, bolstered by the acquisition of Nano, new... READ MORE
NAB reports 1% lift in loan book in 1Q23
by • 17 Feb 2023
The major bank announced the interest hikes had “benefited” profits, reporting growth in its home loan... READ MORE
Brighten senior BDM promoted to newly created role
by Adrian Suljanovic • 17 Feb 2023
Mikai Ning has been appointed to the newly created role of national strategic partnerships manager, the non-bank lender... READ MORE
Resimac strengthens broker support with new hires
by Adrian Suljanovic • 17 Feb 2023
The non-bank lender has announced three new hires for its residential mortgage and asset finance businesses in NSW,... READ MORE
Hot Property: The biggest property headlines from week 13–17...
by Adrian Suljanovic • 17 Feb 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 17... READ MORE
CBA reports 18% drop in new mortgages
by Annie Kane • 16 Feb 2023
The major bank funded $17 billion less in home loans in the first half of the 2023 financial year than they did in... READ MORE
Predatory lending in ASIC’s crosshairs
by Adrian Suljanovic • 16 Feb 2023
The financial services and product regulator has announced it will be targeting predatory lending in an ongoing focus... READ MORE
Know your ‘slanguage’, MFAA mortgage brokers advised
by Fabian Cotter • 16 Feb 2023
‘Gen Z’-ers are the next new home owners, so brokers need to better understand them asap, a market researcher has... READ MORE
Shift closes $27m Series C equity raise
by Adrian Suljanovic • 16 Feb 2023
The provider of credit and payment platforms has announced that it has closed a $27 million Series C funding... READ MORE
‘Changes need to ensure remuneration is fairer’: MFAA CEO
by Annie Kane • 15 Feb 2023
Broker remuneration needs further changes, including removing the “cliff nature” of clawback, to ensure it is... READ MORE
MA Financial appoints CFO
by Adrian Suljanovic • 15 Feb 2023
The financial services group has announced the appointment of Giles Boddy as its new chief financial officer.
READ MOREAustralian mortgagor confidence lowest in three years
by Fabian Cotter • 15 Feb 2023
Consumer confidence and sentiment have taken a sharp slide this week, latest research from major banks has... READ MORE
Home loan broker handed 14-month sentence
by Fabian Cotter • 14 Feb 2023
A Sydney broker has received a court ICO after pleading guilty to loan fraud, ASIC has confirmed.
READ MOREProspa’s total originations up 35% for 1H23
by Adrian Suljanovic • 14 Feb 2023
The SME lender has released its trading update for the half year ending 31 December 2022, reporting growth in total... READ MORE
Client retention at risk as fixed rates expire, Connective warns
by • 14 Feb 2023
As roughly $350 billion in fixed rate loans roll off this year, according to the central bank, Connective is reminding... READ MORE
Personal lender prices $300m ABS transaction
by Reporter • 14 Feb 2023
A $300 million renewable energy and personal loan ABS transaction has been priced by non-bank lender... READ MORE

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