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RBA delivers first rate decision for FY21-22
by Malavika Santhebennur • 6 Jul 2021
The RBA has announced its decision for the official cash rate for July, as well as changes to strategies around its...READ MORE
‘Responsible lending’ issues among top consumer complaints
by Annie Kane • 6 Jul 2021
Credit cards and home loan issues were the most complained-about products in financial year 2021, with responsible... READ MORE
Butn to go public
by Sarah Simpkins • 6 Jul 2021
Small business finance platform Butn is set to list on the ASX, in a $20 million IPO.
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Majority of brokers believe rate is top attraction
by Malavika Santhebennur • 6 Jul 2021
Most brokers said that clients seek their advice about optimal home loan interest rates, which could mount pressure on... READ MORE
SFG appoints Qld BDM
by Malavika Santhebennur • 6 Jul 2021
The privately owned aggregator has appointed a former credit analyst to its newly created Queensland BDM role.
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SocietyOne names broker distribution head
by Sarah Simpkins • 5 Jul 2021
The personal lender has recruited a former Mortgage Choice and Aussie sales manager to lead its broker... READ MORE
Treasury launches consultation on giving brokers CDR data
by Annie Kane • 5 Jul 2021
Stakeholders have until 30 July to respond to a consultation on new rules that will allow consumers to share... READ MORE
Sedgwick review into retail bank commissions released
by Malavika Santhebennur • 5 Jul 2021
A review of retail banking product commissions and payments has found that links between remuneration and sales are now... READ MORE
PLAN brokers can now access 86 400
by reporter • 5 Jul 2021
Brokers aggregating under PLAN Australia will now be able to access loans from the neobank as it joins the group’s... READ MORE
Lenders launch new cashback offers
by reporter • 5 Jul 2021
Several banks have announced new, or extended, cashback offers to attract those looking to refinace their... READ MORE
Westpac sues Forum Finance for potential fraud
by Annie Kane • 2 Jul 2021
The big four bank has commenced proceedings in the Federal Court against Forum Finance Pty Ltd for an alleged... READ MORE
Bank CEOs quizzed on turnaround differentials
by Annie Kane • 2 Jul 2021
The standing committee on economics has sought clarity from several non-major bank CEOs as to why there is a huge... READ MORE
Brokers urged to be vigilant when buying/selling trail books
by Annie Kane • 2 Jul 2021
EOFY and the beginning of the new financial year are a peak time for finance scams. Brokers are being urged to be... READ MORE
Home buying intentions at all-time high: NAB
by Malavika Santhebennur • 2 Jul 2021
The major bank said more Australians have said that they intend to buy a new home in 2021, while it has seen record FHB... READ MORE
Hot Property: The biggest property headlines from the week 28 June to...
by Reporter • 2 Jul 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles.
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BOQ completes ME Bank acquisition
by Annie Kane • 1 Jul 2021
ME Bank has officially become part of the BOQ Group following completion of the $1.32-billion... READ MORE
Mortgage Choice officially joins REA Group
by Annie Kane • 1 Jul 2021
The major brokerage has today officially joined the REA Group, expanding the digital property advertising business’s... READ MORE
New mortgage lender ‘co-developing’ digital loan for brokers
by Annie Kane • 1 Jul 2021
A new fintech lender has launched into market with a direct offering, but has confirmed it is currently... READ MORE
Government adds 30k spots to home loan schemes
by Sarah Simpkins • 1 Jul 2021
The government has expanded the number of places available under its housing support programs by 30,000.
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RedZed offers brokers online valuation tool
by Annie Kane • 1 Jul 2021
The specialist lender has partnered with Valocity to offer brokers access to an online valuation portal, in a bid to... READ MORE
Connective posts 88% growth in home loans division
by Sarah Simpkins • 1 Jul 2021
Connective Home Loans has recorded a surge in the value of its applications while managing to grow by 88 per... READ MORE
Solo home buyers ‘growing force’ in market: ME Bank
by Malavika Santhebennur • 30 Jun 2021
The proportion of solo borrowers and their average home loan size has jumped during the pandemic at ME Bank, it has... READ MORE
GetCapital expands broker support team
by Annie Kane • 30 Jun 2021
The SME lender has hired several new BDMs and promoted internally to fill the role of national manager, strategic... READ MORE
Victorian government announces Big Housing Build sites
by reporter • 30 Jun 2021
The Andrews Labor government has confirmed that Collingwood and South Yarra will be home to new social and affordable... READ MORE
NSW offers SMEs COVID-19 cash grants
by Annie Kane • 29 Jun 2021
The NSW government has launched a new grants package to support small businesses in NSW impacted by the current... READ MORE
Revealed! Finalists of the Australian Broking Awards 2021
by reporter • 29 Jun 2021
A total of 238 finalists have been announced as contenders for the Australian Broking Awards 2021, run in partnership... READ MORE
4 in 10 home owners planning to sell
by Sarah Simpkins • 29 Jun 2021
New research has shown a rise in Australians intending to sell their houses, with a growing number looking to... READ MORE
Bank of mum and dad backed 5% of buyers: survey
by Sarah Simpkins • 29 Jun 2021
Most Australians are relying on budgeting to enter the property market, with a survey finding only 5 per cent have... READ MORE
Westpac sells asset finance business
by Annie Kane • 28 Jun 2021
The big four bank has confirmed its sale of its motor vehicle dealer finance and novated leasing businesses to a... READ MORE
Unlicensed mortgage lender issued court orders
by Reporter • 28 Jun 2021
ASIC has moved to shut down an unlicensed mortgage lender, alleging misleading or deceptive conduct and engaging in... READ MORE
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