Breaking News
Brokers can’t help but take on customers’ rate stress: REA
by Fabian Cotter • 8 Dec 2022
Serviceability impact now ‘is huge’ and affecting both borrower and broker stress levels, REA Group’s Anthony...READ MORE
Banks pass on 25-bp rate rise
by Adrian Suljanovic • 8 Dec 2022
Lenders have followed suit and passed on the rate hike to customers on variable-interest home loans on the back of the... READ MORE
Refinancing ‘extremely elevated’ as households feel rate pressure
by Fabian Cotter • 8 Dec 2022
As December’s RBA cash-rate decision continued the rise, mortgagors are reacting from feeling the pinch, PEXA data... READ MORE
Loan Market Group unveils new asset finance entity
by Annie Kane • 8 Dec 2022
The aggregation group has unveiled a newly formed entity dedicated to asset finance: Loan Market Group Asset... READ MORE
Feedback sought on CDR non-bank lender tweaks
by Fabian Cotter • 7 Dec 2022
Treasury is seeking input on the development of rules, data standards and compliance cost for non-bank CDR, it has... READ MORE
Refinancing sees 6.15% increase in October: Joust
by Adrian Suljanovic • 7 Dec 2022
The online home loan marketplace has observed an increase in the size of home loans accessed for refinancing following... READ MORE
Commercial real estate lending ‘growing strongly’, finds APRA
by Annie Kane • 7 Dec 2022
The banks continue to increase their exposures to commercial property, with actual exposures up 10 per cent, according... READ MORE
3.10% December cash rate confirmed: RBA
by Fabian Cotter • 6 Dec 2022
Australia’s central bank has increased the cash-rate by 25bps for the holiday season, it has been confirmed.
READ MOREWomen in Finance Awards 2022: Meet the Winners
by Malavika Santhebennur • 6 Dec 2022
More than 680 people from the finance industry were in attendance to cheer on a total of 249 finalists competing for... READ MORE
AFG expands WA team
by Reporter • 6 Dec 2022
AFG has welcomed a new sales manager and partnership manager to its head office in... READ MORE
Bill passes to protect consumers from ‘predatory’ payday lenders
by Adrian Suljanovic • 6 Dec 2022
The Financial Sector Reform Bill 2022 was passed by Parliament today (6 December) to improve national credit laws in... READ MORE
NSW government program to boost housing supply
by Adrian Suljanovic • 6 Dec 2022
The Perrottet government will be unlocking an extra 70,000 new homes across NSW to further increase housing supply in... READ MORE
Australia records busiest auction week since June
by Fabian Cotter • 6 Dec 2022
According to the research body’s November Home Value Index (HVI), Australia recorded its smallest monthly value... READ MORE
Finalists revealed for 10th annual Better Business Awards
by Adrian Suljanovic • 5 Dec 2022
A total of 626 finalists are set to compete for a coveted award at the state-based Better Business Awards in... READ MORE
ACCC illuminates broker preference in comparator site verdict
by Fabian Cotter • 5 Dec 2022
A major product-comparison site amalgamation is unopposed given only “a small minority” of consumers use them, the... READ MORE
Household Capital acquires home equity start-up
by Adrian Suljanovic • 5 Dec 2022
The independent retirement fund provider has announced the acquisition of Pension Boost, broadening its offerings to... READ MORE
Moneytech gains additional debt facility
by Adrian Suljanovic • 5 Dec 2022
The non-bank lender has secured a further $150 million funding warehouse facility, going towards funding for its... READ MORE
Non-bank lender CDR insertion ‘supercharges’ the platform
by Fabian Cotter • 2 Dec 2022
Borrowers and brokers are set to get even greater ‘open banking’ loan choice after Treasury’s decision to bring... READ MORE
How to avoid ‘risky business’, CreditorWatch paper explains
by Adrian Suljanovic • 2 Dec 2022
The digital credit reporting agency published a new paper on how businesses can mitigate their risk exposure amid... READ MORE
Prime Capital supports brokers into commercial lending
by Reporter • 2 Dec 2022
Non-bank lender Prime Capital has created a national centre to assist brokers in expanding their businesses into... READ MORE
Hot Property: The biggest property headlines from week 28 November to...
by Adrian Suljanovic • 2 Dec 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 2... READ MORE
In case you missed it (week ending 2 December)
by • 2 Dec 2022
In case you missed it, broker market share breaks 70 per cent milestone, Tasmanian borrowers ‘beg’ for home loans... READ MORE
Tasmanian borrowers ‘beg’ for home loans as rents sting, broker...
by • 1 Dec 2022
As Hobart takes the medal for ‘least affordable city’ for average rental prices, Tasmanians are screaming to enter... READ MORE
PCF Group appointments give ‘unrivalled offerings’ for SA brokers
by Adrian Suljanovic • 1 Dec 2022
The group has announced the appointment of two new partnership managers to its South Australian team, extending... READ MORE
Better Business Summit returns for 10th year in 2023
by Malavika Santhebennur • 1 Dec 2022
Broker Essentials director, Jason Back, will be joined by a host of other keynote speakers at the 2023 Better Business... READ MORE
Downsizer age passes Parliament
by • 1 Dec 2022
More older Australians will be encouraged to downsize their homes, freeing up housing stock for younger families after... READ MORE
Talk rate costs in ‘dollar terms’ to borrowers, brokers advised
by Fabian Cotter • 30 Nov 2022
Get ‘on the front foot’ now with fixed-rate customers about to feel the financial impact of rate hikes, brokerage... READ MORE
Federal Court throws out ASIC’s case against CBA
by • 30 Nov 2022
The Federal Court has dismissed proceedings brought by ASIC alleging the major bank engaged in misleading or deceptive... READ MORE
Banks are ‘bending over backwards’ to help families despite...
by • 30 Nov 2022
While brokers have cited frustrations over clients’ loan applications being knocked back, ABA said responsible... READ MORE
1m home pledge requires land prices to decline: HIA
by Adrian Suljanovic • 29 Nov 2022
The cost and supply of land must improve for the Albanese government to fulfil its promise of 1 million new homes, an... READ MORE

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