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Breaking News
Banks closed on Queen’s mourning day
by Fabian Cotter • 21 Sep 2022
The Australian Banking Association (ABA) has reminded customers that 22 September will be a “bank close day” for...
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Mortgage defaults low risk, study reveals
by • 20 Sep 2022
A study has found that mortgage defaults ranked low in the pecking order, when it comes to financial hardship.
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Revealed: What brokers really think of BDMs
by James Mitchell • 20 Sep 2022
The latest Broker Pulse survey has identified which banks were rated highest by brokers for their business development...
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Big 4 warned: Brokers drive growth
by Fabian Cotter • 20 Sep 2022
Brokers contributed around 70 per cent of all Great Southern Bank home lending in its first year as a bank, quantifying...
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Bridgit joins Loan Market’s lender panel
by Adrian Suljanovic • 20 Sep 2022
Bridgit has entered a partnership with Loan Market, becoming the aggregator’s first tech-driven bridging loan...
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Small bank turnarounds fastest since January 2020: Broker Pulse
by Malavika Santhebennur • 19 Sep 2022
Turnaround times at smaller lenders dipped to six days in August while broker satisfaction with this lender segment was...
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AFG prices record $1bn RMBS deal
by • 19 Sep 2022
The major aggregator priced a billion-dollar Residential Mortgage-Backed Securities (RMBS) issue, the largest in the...
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New Broker Academy 2022 wraps up
by Reporter • 16 Sep 2022
New and prospective brokers turned up in droves in Brisbane, Sydney and Melbourne to learn key strategies and tools for...
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Opinion: Get ready for a new breed of broker
by James Mitchell • 16 Sep 2022
Mortgage broking is on the cusp of an exciting new age in which loan writers become business managers and salaried...
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Honey partners with SFG
by Adrian Suljanovic • 16 Sep 2022
Honey Insurance has entered a partnership with boutique financial aggregator Specialist Finance Group.
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Review to dissect RBA’s communication style
by Maja Garaca Djurdjevic • 16 Sep 2022
The RBA review could lead to a complete revamp of the board and the way it communicates its policy decisions.
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Aussie Home Loans in potential class action lawsuit
by James Mitchell • 15 Sep 2022
The major brokerage is embroiled in a new class action investigation led by Shine Lawyers.
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Brokers reach parity on turnaround times: Report
by James Mitchell • 15 Sep 2022
EXCLUSIVE Mortgage brokers have clawed back customer satisfaction on turnaround times after being beaten by the banks...
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Accountants hungry for ‘highly experienced’ brokers
by James Mitchell • 15 Sep 2022
Mortgage brokers with strong referral relationships with accountants have traditionally done well. But accounting...
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‘Big win for brokers’: Pepper adopts NextGenID
by Adrian Suljanovic • 15 Sep 2022
Pepper Money is the latest lender to roll out the NextGenID service within ApplyOnline from technology provider...
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Prospa hits $3bn milestone
by James Mitchell • 15 Sep 2022
Small-business lender Prospa has lent more than $3 billion to small businesses to date, a major milestone for the...
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Borrowers demand face-to-face meetings with brokers
by James Mitchell • 14 Sep 2022
EXCLUSIVE An overwhelming majority of Australian borrowers prefer face-to-face communication with their broker,...
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Metaverse could boost property sales efficiency
by Fabian Cotter • 14 Sep 2022
Will the metaverse simply be “a more efficient way” of selling or buying property in future? ANZ banking lead Nigel...
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Aquamore’s warehouse boosted to $170m
by Adrian Suljanovic • 14 Sep 2022
Aquamore has announced the completion of a $50 million raise from a global investment bank, significantly increasing...
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Oak Capital secures new CIO
by Adrian Suljanovic • 14 Sep 2022
Oak Capital has announced the appointment of Troy Stratton as its new chief investment officer to facilitate the...
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LA Group expands roster of companies
by Adrian Suljanovic • 13 Sep 2022
LA Group of Companies has announced that SMS Finance has joined the group, expanding the LA Group footprint in the...
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Drive IQ recruits former Lend head of asset
by Adrian Suljanovic • 13 Sep 2022
Digital finance solutions company Drive IQ Technology has recruited a new chief operating officer to be part of its...
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1 in 4 clients only offered one lender: Report
by James Mitchell • 12 Sep 2022
EXCLUSIVE A quarter of Australian borrowers say they were given one lender option by their broker, despite nine in...
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Federal government’s climate change bill passes
by Adrian Suljanovic • 12 Sep 2022
The Albanese government’s proposed Climate Change Bill 2022 has passed both houses of Parliament.
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‘A loss we all feel’: Tributes pour in for Queen Elizabeth II
by • 9 Sep 2022
Buckingham Palace has announced Queen Elizabeth II has died at the age of 96, which has sparked tributes from the...
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