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Non-bank goes offline following ‘large-scale information theft’

by James Mitchell • 23 Mar 2023
The scale of the cyber attack on a listed lender Latitude Financial Group is far more significant than originally... READ MORE

International capital the key to affordable housing

by James Mitchell • 23 Mar 2023
The Property Council of Australia believes attracting global investment is essential if Australia is to address issues... READ MORE

NAB fixed-rate peak to hit in June

by Annie Kane • 23 Mar 2023
About $25 billion of NAB’s fixed-rate loans will mature in the first half of this year, with another $50 billion in... READ MORE

Assetline Capital appoints Qld state manager

by Adrian Suljanovic • 23 Mar 2023
The non-bank lender has appointed Jason Lucas as its Queensland state manager as part of its presence expansion in the... READ MORE

Small-business owners optimistic about growth in 2023: Prospa

by Adrian Suljanovic • 22 Mar 2023
Small-business owners are confident about the health of their businesses and growth for the year, the SME lender’s... READ MORE

NAB appoints new CFO

by Adrian Suljanovic • 22 Mar 2023
The major bank has announced Nathan Goonan will step into the role of group chief financial officer. READ MORE

Natalie Sheehan joins Adelaide Bank

by Annie Kane • 21 Mar 2023
Adelaide Bank has appointed former Brighten head of distribution Natalie Sheehan as its new national manager for broker... READ MORE

Average loan life now around 3 years: Sherlok

by Annie Kane • 21 Mar 2023
The average length of a loan is now 37 months, according to refinance fintech Sherlok, as more brokers and borrowers... READ MORE

N1H extends $55m debt facility

by Adrian Suljanovic • 21 Mar 2023
The group has confirmed the extension of its $55 million debt facility until July 2025. READ MORE

COG announces acquisition and partial divestment

by Adrian Suljanovic • 21 Mar 2023
COG Financial Services has announced the acquisition of salary packaging business, Paywise, and the simultaneous... READ MORE

LMG adopts new regtech system

by Reporter • 21 Mar 2023
The aggregation group has partnered with UK-based regtech specialist Clausematch to digitise compliance. READ MORE

RBA in the dark about fixed-rate borrower savings

by James Mitchell • 20 Mar 2023
While it hopes those on fixed-rate mortgages are already saving for increased repayments, the Reserve Bank says it’s... READ MORE

Opinion: RBA is ignoring the cold hard facts about how we spend

by James Mitchell • 20 Mar 2023
The Reserve Bank is playing a risky game by jacking up interest rates while confidently guessing fixed-rate borrowers... READ MORE

CommBank HSI index falls in February

by Adrian Suljanovic • 20 Mar 2023
The major bank’s household spending index declined in February, driven by less spending on entertainment, retail and... READ MORE

Westpac downgrades cash rate forecast

by Annie Kane • 20 Mar 2023
The major bank has downgraded its terminal rate forecast and called a pause in April, following new economic data and... READ MORE

Household spending rises as business sentiment falls

by Adrian Suljanovic • 17 Mar 2023
Business confidence has dropped while household spending continues to rise, research says. READ MORE

Hot Property: The biggest property headlines from week 13–17 March

by Adrian Suljanovic • 17 Mar 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 17... READ MORE

Best in SA/NT broking revealed at Better Business Awards 2023

by Malavika Santhebennur • 16 Mar 2023
The crème de la crème of the broking industry in South Australia and the Northern Territory have been rewarded for... READ MORE

Mark Bouris reckons any form of payroll tax is ‘nonsense’

by James Mitchell • 16 Mar 2023
The mortgage broking veteran has slammed the government for taxing businesses that employ Australians. READ MORE

Lendi hires former Volt executive as Aussie staff exit

by James Mitchell • 16 Mar 2023
Lendi Group has named Shaun Lordan as its general manager of lending following a major restructure at the broking group... READ MORE

Elders acquires SA brokerage

by Annie Kane • 16 Mar 2023
The agribusiness specialist has acquired a regional South Australian brokerage as it looks to expand its broker and... READ MORE

LoanStreet rebrands and announces new CEO

by Annie Kane • 16 Mar 2023
Broker fintech LoanStreet has recently rebranded to FinStreet and announced a new chief executive. READ MORE

Average time to write a loan increases: BrokerEngine

by Annie Kane • 15 Mar 2023
The time it takes for a broker to write a mortgage has increased by around five hours per file, new data from... READ MORE

Sapien takes controlling stake in Hashching

by Annie Kane • 15 Mar 2023
The funds management group has taken a controlling interest in Hashching and led a capital raising round to... READ MORE

Millennials turning to brokers as fixed rates expire

by Adrian Suljanovic • 15 Mar 2023
More younger borrowers are seeking out brokers for assistance as rates continue to rise and as the fixed-rate loans... READ MORE