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Breaking News
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...
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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...
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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...
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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...
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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...
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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.
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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...
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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...
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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.
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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...
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LMG adopts new regtech system
by Reporter • 21 Mar 2023
The aggregation group has partnered with UK-based regtech specialist Clausematch to digitise compliance.
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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...
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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...
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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...
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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...
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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.
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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...
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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...
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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.
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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...
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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...
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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.
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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...
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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...
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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...
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