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ASIC sues Latitude over ‘misleading’ advertising
by Annie Kane • 7 Oct 2022
Allegations of “misleading” advertising regarding interest-free payment methods have been levelled against the...READ MORE
Turnaround times reach 5-year low: AFG
by Fabian Cotter • 7 Oct 2022
A bigger “Big 4” market share and faster loan turnaround times were key highlights in AFG’s latest Mortgage Index... READ MORE
Hot Property: The biggest property headlines from week 3–7 October
by Adrian Suljanovic • 7 Oct 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 7... READ MORE
Major brokerage announces leadership changes
by Annie Kane • 6 Oct 2022
Mortgage Choice has appointed a range of new leaders to its team, including a new general manager for distribution and... READ MORE
Building approvals surge nationwide: ABS
by Adrian Suljanovic • 6 Oct 2022
A strong rise in apartment approvals has driven the surge in building approvals, according to new... READ MORE
‘Devastating impact’: Government ponders ‘de-banking’ policy
by Fabian Cotter • 6 Oct 2022
The federal government will respond to an official paper on the “problem of de-banking” in due course, it has... READ MORE
Lenders announce rate hikes following RBA move
by Annie Kane • 5 Oct 2022
First movers have already announced rate changes following the central bank’s October rate hike.
READ MORE
40,000 Aussies helped by no-interest loans: NAB
by Adrian Suljanovic • 5 Oct 2022
NAB has announced that over 40,000 low-income earning Australians have been provided with no-interest loans since... READ MORE
SME owners confident in gaining positive revenue: SME Growth Index
by Adrian Suljanovic • 5 Oct 2022
Over half of Australia’s small to medium enterprises are expecting positive revenue growth in October... READ MORE
October cash rate announced
by Annie Kane • 4 Oct 2022
The central bank has increased the cash rate for the sixth month in a row.
READ MORE
‘Deteriorating’: Ratings agency sounds alarm on prime mortgages
by • 4 Oct 2022
Fitch Ratings has warned that mortgage arrears will rise in a key prime mortgage market as inflation and rate hikes... READ MORE
APRA lifts CBA’s capital penalty
by • 4 Oct 2022
The prudential regulator has given the major bank the all clear and removed the final capital charge after its conduct... READ MORE
Finsure founder appointed to BNK board
by • 4 Oct 2022
BNK has welcomed John Kolenda as a director of the company to help drive the “next stage of growth”.
READ MORE
Brokers hit record market share milestone
by • 3 Oct 2022
Mortgage brokers continue to break records when it comes to home loans, according to the latest data by the... READ MORE
Industry bodies throw support behind Regional First Home Buyer
by • 3 Oct 2022
Thousands of regional Australians gained access to the guarantee scheme over the weekend.
READ MORE
In case you missed it (week ended 30 September)
by • 3 Oct 2022
In case you missed it... mutual mergers approved, Loan Market exits advice business, industry weighs in... READ MORE
Qld dumps controversial land tax
by • 30 Sep 2022
The Queensland Premier has scrapped the Sunshine State’s controversial land tax revisions after facing a barrage of... READ MORE
Breaches against CBA conflicted remuneration dismissed
by • 30 Sep 2022
The Federal Court has dismissed ASIC’s conflicted remuneration proceedings against the Commonwealth Bank and Colonial... READ MORE
Labor’s bill to ban unfair contract terms welcomed
by • 30 Sep 2022
The mortgage and finance industry has welcomed the legislation to ban unfair contract terms to protect small businesses... READ MORE
Loan Market exits advice amid troubled PCF integration
by James Mitchell • 29 Sep 2022
EXCLUSIVE The major brokerage has wound up its advice business after eight years as it refocuses on the challenging... READ MORE
Diversity is ‘good for culture’: MFAA head
by • 29 Sep 2022
MFAA’s chief executive Anja Pannek wants to encourage more diversity and inclusion within the mortgage broking... READ MORE
NAB Ventures invests $6m into fintech platform
by Adrian Suljanovic • 29 Sep 2022
NAB Ventures has led a $6 million investment into a new fintech platform designed to streamline banking, accounting and... READ MORE
Non-bank lender doubles warehouse lending
by Fabian Cotter • 29 Sep 2022
Central Real Capital (CRC)’s now $200 million warehouse lending capability is to meet surging developer and investor... READ MORE
‘Leave broking alone’: Shadow Assistant Treasurer
by Fabian Cotter • 28 Sep 2022
Shadow assistant treasurer and financial services minister Stuart Robert MP has praised the role brokers play in the... READ MORE
'No negative impact on brokers': QLD land tax
by Fabian Cotter • 28 Sep 2022
Queensland’s proposed land tax will not change the lending landscape much, nor have a negative impact on brokers,... READ MORE
‘Nail in the coffin’: Qld broker frustrated at land tax grab
by • 28 Sep 2022
A Queensland broker is frustrated at the government’s land tax, which could deter investors from buying in the state... READ MORE
‘Compelling opportunity’: Heritage Bank prepares to finalise...
by • 27 Sep 2022
A vote from members of Heritage Bank and People’s Choice Credit Union is the final approval required for a successful... READ MORE
Banks punting on Metaverse carbon reduction
by Fabian Cotter • 27 Sep 2022
Ninety-one per cent of Australian banking executives are “hedging their bets” on the Metaverse to reduce their... READ MORE
ACT to introduce planning laws
by Adrian Suljanovic • 27 Sep 2022
The ACT government has introduced the Planning Bill 2022 into the legislative assembly, marking an important milestone... READ MORE
Finweb brokerage appoints new GM
by Fabian Cotter • 27 Sep 2022
Award-winning broker group Finweb has appointed ex-PLAN Australia head of operations Julianne Evans as its inaugural... READ MORE
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