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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...
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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...
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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.
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Brokers 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...
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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,...
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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 loans.
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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...
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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...
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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 disqualified.
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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...
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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...
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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...
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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.
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Personal 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...
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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...
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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 portfolio.
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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...
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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,...
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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...
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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...
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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...
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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...
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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 round.
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‘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...
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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.
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