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Breaking News
Mortgage broking ‘under threat’ from disruption: Broker
by Malavika Santhebennur • 3 Nov 2022
Mortgage broking is in a state of flux as home loans become more automated, but that does not have to spell doom, a...
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Nectar Group appoints new Melbourne-based BDM
by Adrian Suljanovic • 3 Nov 2022
The Nectar Group has announced the recruitment of a new Melbourne-based national business development manager.
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Non-bank lender rebrands following acquisition
by Annie Kane • 2 Nov 2022
MKM Capital has unveiled a new name and branding as it moves to more closely align with its new parent company, MA...
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Govt allocates $877m for flood-affected businesses
by Adrian Suljanovic • 2 Nov 2022
The federal and Victorian governments have announced an $877 million recovery support package to support businesses...
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Only 1 Aussie region bucked October’s nationwide decline trend:...
by Grace Ormsby • 2 Nov 2022
Just one Aussie region maintained its market resilience over the last month.
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RBA calls 2.85% November cash rate
by Fabian Cotter • 1 Nov 2022
Mortgage holders brace for further repayment pain as the November cash rate has jumped to 2.85 per cent.
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Cash rate to surpass 4% in next year: survey
by Fabian Cotter • 1 Nov 2022
Cash rate increases will impact consumer spending habits more than mortgage repayments and property costs, Joust has...
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Macquarie loan book grew 13% in 6 months
by Annie Kane • 1 Nov 2022
The lender’s mortgage portfolio grew by 13 per cent in the six months to September 2022, pushing over $101 billion,...
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2 in 3 FHBs will say no to stamp duty, says NSW government
by Grace Ormsby • 1 Nov 2022
Up to two-thirds of first home buyers will choose to pay a smaller annual property fee rather than forking out for...
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Home loans most common breach report: ASIC
by Fabian Cotter • 31 Oct 2022
A quarter of all breach reports relating to products were about mortgages, according to ASIC’s first Reportable...
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Lendi Group settled $33.6bn in FY22
by Annie Kane • 31 Oct 2022
In its first full financial year as a merged group, Lendi Group — comprising brokerages Lendi and Aussie — settled...
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MFAA board members voting opens
by Adrian Suljanovic • 31 Oct 2022
The MFAA has received a record number of 19 nominations for the MFAA board, with three director positions becoming...
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80% of home owners prioritise loan flexibility: CBA
by Adrian Suljanovic • 31 Oct 2022
Flexibility in a mortgage is among the top priorities for mortgagors, according to the Commonwealth Bank of Australia.
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Service proposition to brokers ‘really important’: ANZ
by Fabian Cotter • 28 Oct 2022
ANZ’s “restored momentum” in its home loans should give brokers approval confidence “within a certain...
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Hot Property: The biggest property headlines from week 24–28 October
by Adrian Suljanovic • 28 Oct 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending...
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In case you missed it (week ending 28 October)
by • 28 Oct 2022
In case you missed it... ANZ announced a digital home loan “pilot”, the federal budget throws support to SMEs, NAB...
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What’s in the budget for small-business owners?
by Annie Kane • 27 Oct 2022
The Labor government’s first budget has earmarked more than $15 million to support Australian small businesses and...
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Prospa flags ‘opportunity’ for brokers to help SMEs
by Fabian Cotter • 27 Oct 2022
Record first-quarter revenue and originations results demonstrate that “high demand for funds continues,” Prospa...
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1Q23 loan originations up 41% annually: Wisr
by Fabian Cotter • 27 Oct 2022
Sydney-based lender Wisr has reported $186 million in new loan originations (pcp) and overall protected its net...
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Westpac Group to join Home Guarantees
by • 26 Oct 2022
Westpac has announced it will be able to help more home buyers into the market from mid-next year.
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Industry welcomes Labor’s budget 2022–23
by Annie Kane • 26 Oct 2022
Members of industry have welcomed the Australian Labor Party’s first budget, particularly applauding its focus on...
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MFAA sets out wishes for CSLR regime
by Fabian Cotter • 26 Oct 2022
Low incidences of CSLR claims mean broker levies should be commensurately lower, too, the MFAA has said.
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Aquamore welcomes new NSW BDM
by Adrian Suljanovic • 26 Oct 2022
The private lender has announced the appointment of Candice Lee as its new business development manager for NSW.
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Labor unveils affordable housing push in budget 2022–23
by Annie Kane • 25 Oct 2022
The federal Treasurer has pledged to bring online a million more houses, with affordable housing a key element of its...
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Labor to tighten spending amid whopping deficit
by • 25 Oct 2022
The federal Treasurer Jim Chalmers has conceded his first budget will need to cut spending to draw down its more than...
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