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Large ADI turnarounds fastest on record: Broker Pulse
by Malavika Santhebennur • 16 Dec 2022
Turnaround times dropped to four days in November at the large banks, with most lenders in the segment either holding... READ MORE

Hot Property: The biggest property headlines from week 12-16 December
by • 16 Dec 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 16... READ MORE

Westpac chairman announces departure after 2-year tenure

by • 15 Dec 2022
Westpac chairman, John McFarlane, has advised shareholders that he intends to retire at the end of next year. READ MORE

Loan Market WA leadership team strengthened with new hire
by Adrian Suljanovic • 15 Dec 2022
Western Australian financial services sector executive, Renee Dewar, has joined the Western Australian leadership team... READ MORE

CAFBA honours Mike Felton with Service to Industry award

by Reporter • 15 Dec 2022
The broker association has honoured the work of former MFAA chief executive officer, Mike Felton, with a Service to the... READ MORE

Broker-rapper hack underscores ‘closer client contact’ need
by Fabian Cotter • 14 Dec 2022
The alleged email hack of a Sydney Northern Beaches broker has further underlined the importance of close client... READ MORE

Proportion of female brokers drops to new low
by Annie Kane • 14 Dec 2022
The proportion of brokers identifying as female dropped to 25.5 per cent in the six months to March, the lowest figure... READ MORE

Digital lender joins Nectar’s lending panel
by Adrian Suljanovic • 14 Dec 2022
WLTH has entered a new partnership with the broking franchise, expanding its broker network and product suite to over... READ MORE

TFF records mixed results on increased SME lending
by Fabian Cotter • 14 Dec 2022
A post-pandemic RBA analysis on Term Funding Facility (TFF) helping business lending has not highlighted clear economic... READ MORE

‘Golden opportunity’ for brokers as borrowers fear loan rejection
by • 13 Dec 2022
Non-bank lender Pepper Money has urged borrowers to review options with their broker as many jump at the first loan... READ MORE

idutch joins PCF lending panel
by Adrian Suljanovic • 13 Dec 2022
The commercial lending fintech has joined the PLAN, Choice, and FAST lending panel through an expanded partnership with... READ MORE

Payments times review welcomed, ombudsman says
by • 13 Dec 2022
Treasury will examine how to get big business to pay their invoices in a “fair and reasonable” time, as... READ MORE

PCF Group expands NSW broker management team

by Fabian Cotter • 12 Dec 2022
Given the NSW mortgage-market size, PCF Group has appointed two new state directors to best support its brokers, it has... READ MORE

Supply chain issues drive SME alternate funding support: ScotPac
by Fabian Cotter • 12 Dec 2022
Rising inflation and increased costs are being offset — or absorbed — by Australian SMEs quite differently,... READ MORE

New site acquisitions driving demand for private funding
by Annie Kane • 12 Dec 2022
Sustained appetite for new site acquisitions, refinance, and cashouts of unencumbered properties has been driving... READ MORE

58.3% hike in store for super-low fixed-rate borrowers
by Reporter • 9 Dec 2022
Aussie Home Loans and CoreLogic have found that those coming off super-low fixed rates next year may see repayments... READ MORE

1/3 of buyers feel they ‘miss out’ due to slow financing

by Reporter • 9 Dec 2022
Thirty-five per cent of mortgagors feel they “missed out on property opportunities while waiting for finance... READ MORE

Purple Circle adds another lender to its panel
by Reporter • 9 Dec 2022
The boutique aggregator has announced its partnership with Funding.com.au, giving members access to its bridging loan... READ MORE

Hot Property: The biggest property headlines from week 5–9 December

by Adrian Suljanovic • 9 Dec 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 9... READ MORE

In case you missed it (week ending 9 December)
by • 9 Dec 2022
In case you missed it.. Banks pass on 25 bps rate hike, borrowers’ stress weighs on brokers, Loan Market Group... READ MORE

Brokers can’t help but take on customers’ rate stress: REA
by Fabian Cotter • 8 Dec 2022
Serviceability impact now ‘is huge’ and affecting both borrower and broker stress levels, REA Group’s Anthony... READ MORE

Banks pass on 25-bp rate rise
by Adrian Suljanovic • 8 Dec 2022
Lenders have followed suit and passed on the rate hike to customers on variable-interest home loans on the back of the... READ MORE

Refinancing ‘extremely elevated’ as households feel rate pressure
by Fabian Cotter • 8 Dec 2022
As December’s RBA cash-rate decision continued the rise, mortgagors are reacting from feeling the pinch, PEXA data... READ MORE

Loan Market Group unveils new asset finance entity

by Annie Kane • 8 Dec 2022
The aggregation group has unveiled a newly formed entity dedicated to asset finance: Loan Market Group Asset Finance. READ MORE

Feedback sought on CDR non-bank lender tweaks
by Fabian Cotter • 7 Dec 2022
Treasury is seeking input on the development of rules, data standards and compliance cost for non-bank CDR, it has... READ MORE