Breaking News

MyState Bank reveals over 14% home lending growth 
by Josh Needs • 21 Aug 2023
The non-major bank has attributed its loan book growth and customer base expansion to increased broker partnerships in... READ MORE

Marketplace Finance announces a partnership with LMG brokers
by Reporter • 21 Aug 2023
The brokerage has joined the newly launched LMG Commercial Referral Hub, in a move to expand its commercial finance... READ MORE

Bank of Sydney reveals organisational restructure
by Josh Needs • 21 Aug 2023
The lender’s strategic reshuffle has seen two existing and one added team member step into new roles. READ MORE

SME lender welcomes 2 senior BDMs
by • 18 Aug 2023
As part of its expansion into the NSW market, SME lender Fifo Capital has announced the appointment of two senior... READ MORE

Qudos Bank appoints new CEO
by Josh Needs • 18 Aug 2023
The mutual bank has said the appointed professional has over 20 years of leadership experience in financial services. READ MORE

Hot Property: The biggest property headlines from week 14–18 August
by Adrian Suljanovic • 18 Aug 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 18... READ MORE

Resimac launches reduced rate offers for prime products 
by Josh Needs • 17 Aug 2023
The non-bank lender has said the offer would enable brokers to provide their investor clients “much needed financial... READ MORE

ASIC loses case against CBA and Colonial First
by Naomi Neilson • 17 Aug 2023
ASIC failed to overturn a Federal Court finding that the Commonwealth Bank of Australia and Colonial First State did... READ MORE

First-ever Women in Finance Summit launches
by Malavika Santhebennur • 17 Aug 2023
Momentum Media is proud to launch its inaugural Women in Finance Summit, aimed at supporting and connecting leading... READ MORE

National cabinet touts ‘better deal’ for renters
by • 16 Aug 2023
The national cabinet has agreed to implement a cap on rental increases in a bid to support renters’ rights. READ MORE

Non-bank lender ‘cheers on’ Liberty A-League players
by • 16 Aug 2023
As the excitement builds around the Matildas’ remarkable journey in the World Cup, non-bank lender Liberty is backing... READ MORE

Housing solutions, rent caps, centre to national cabinet discussions
by Josh Needs • 16 Aug 2023
Despite the Greens’ demands to place a rent freeze across the nation, the Prime Minister has said the discussions... READ MORE

Dwelling commencements ‘to remain soft’: CBA
by Josh Needs • 16 Aug 2023
CBA has warned dwelling approvals could reach lows not seen since 2011. READ MORE

Treasurer welcomes ‘solid’ wage growth amid high inflation
by • 16 Aug 2023
In the face of continued inflationary pressure, federal Treasurer Jim Chalmers has welcomed the uptick in wage growth. READ MORE

NAB SME business lending up in 3Q23
by Adrian Suljanovic • 16 Aug 2023
The major bank has reported a lift in its small- to medium-sized business lending for the quarter ended 30 June 2023. READ MORE

Banks scale back cashback offers amid easing competition
by • 15 Aug 2023
While a number of providers are continuing to use cashbacks as an incentive for borrowers looking to refinance, nearly... READ MORE

Bendigo and Adelaide Bank reveals increase in resi third-party lending
by Josh Needs • 15 Aug 2023
The group’s third-party banking lending increased to 53 per cent of the non-major’s residential lending in the 2023... READ MORE

AFG and Brighten unveil white label offering
by Reporter • 15 Aug 2023
The aggregator and non-bank lender have unveiled a new range of white labelled products following their recent... READ MORE

RedZed welcomes new managing director
by Adrian Suljanovic • 15 Aug 2023
The non-bank lender has announced the appointment of Calvin Cordle as its new managing director. READ MORE

Brokers play a ‘really good role’, says Lowe
by • 14 Aug 2023
In his final address to the house economics committee as RBA governor, Philip Lowe praised brokers for their pivotal... READ MORE

Replacing human intervention would be a ‘demise’: Metro 
by Josh Needs • 14 Aug 2023
In an era marked by technological advancements, striking a balance between technology adaptation and human interactions... READ MORE

Fixed-rate cliff passes the peak: CoreLogic
by • 14 Aug 2023
While the majority of fixed-rate loans created through COVID-19 have expired, arrears remain low, new data has... READ MORE

Top brokers revealed at Australian Broking Awards 2023
by Malavika Santhebennur • 11 Aug 2023
This year’s Australian Broking Awards provided national recognition to the best and brightest in the broking... READ MORE

NAB retains 85% fixed-rate clients amid cliff
by • 11 Aug 2023
The major bank informed brokers that strong retention rates were partly attributed to the robust third-party channel. READ MORE

Overdue trade invoices and debt collection rising: illion
by Josh Needs • 11 Aug 2023
An increase in the volume of overdue trade invoices and increasing debt collection could be a pointer of economic... READ MORE