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Plenti adopts new credit rating system
by Reporter • 11 May 2022
Plenti has opted to use a new credit rating system for its personal lending, aiming for more accuracy in its assessment... READ MORE
MFAA chief to exit

MFAA chief to exit
by Annie Kane • 10 May 2022
The chief executive of the Mortgage & Finance Association of Australia (MFAA) has flagged his retirement later in... READ MORE

Westpac reports fall in broker flows
by • 10 May 2022
The portion of new home loans lodged through the group's direct channel crept up over the six months to March.  READ MORE
AFCA

AFCA targets complaints without merit in new reform
by Sarah Simpkins • 10 May 2022
The complaints body has made early merit assessment a permanent feature of its process, aiming to quickly weed out... READ MORE

Slimmed turnarounds boosts Suncorp mortgages
by Sarah Simpkins • 10 May 2022
The bank has returned to above system growth in its home loans, with its chief crediting speedier broker turnarounds. READ MORE
Nodifi expands focus towards greater client support

Nodifi expands focus towards greater client support
by • 10 May 2022
The fintech has responded to growth in its partners’ needs, enlisting new figures to join its consumer credit and... READ MORE

Labor open to discussing clawback
by Annie Kane • 9 May 2022
The ALP “want[s] to ensure that brokers are able to make a fair profit for the work that they perform”, and would... READ MORE
Aaron Hase

BOQ state relationship manager joins PCF as Qld head
by • 9 May 2022
PCF Group has confirmed that it has established a new role to oversee its aggregator’s Queensland presence. READ MORE
Andrea Walton, Spencer Mitchell, Moneer Husari, Sal Jappie

Lumi adds 4 BDMs to roster
by • 9 May 2022
The SME lender has expanded its broker support network, naming four new business development managers to cover... READ MORE

Mortgage Choice acquisition drives revenue boost for REA
by Sarah Simpkins • 9 May 2022
The integration of Mortgage Choice has helped drive a 23 per cent year-on-year revenue jump for REA Group. READ MORE
construction

Business insolvencies rise post-COVID
by • 6 May 2022
Major industry collapses, rising costs and supply chain issues have pushed business owners into insolvency, according... READ MORE

Hot Property: The biggest property headlines from the week 2-6 May
by Reporter • 6 May 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 6... READ MORE
Nathan Armstrong

Funding confirms new BDM appointments
by • 6 May 2022
The mortgage funding fintech has continued its venture towards the broker space, naming its second and third business... READ MORE
Better Business Awards 2022

Winners of the Better Business Awards 2022 NSW/ACT celebrated!
by Malavika Santhebennur • 5 May 2022
The standout performers in the broking industry in NSW and the ACT have been rewarded for their achievements at the... READ MORE
MoneyQuest acquires Loans Actually

MoneyQuest acquires Loans Actually
by • 5 May 2022
The franchise brokerage has purchased sub-aggregation business Loans Actually – marking the third acquisition to... READ MORE

‘We let down our broker partners’: ANZ CEO
by Annie Kane • 5 May 2022
Shayne Elliott has acknowledged that the bank had “let down” brokers in terms of processing but noted that broker... READ MORE
Kama Atcheson

Moneytech establishes new partnership head role
by • 5 May 2022
The lender has continued its recent momentum of broker-focused growth, adding the new position of head of partnerships... READ MORE

Lightspeed director charged $220k over credit act breach
by • 5 May 2022
The lender’s head has been found guilty of failing to give effect to AFCA determinations, thus breaching the National... READ MORE
Victoria Graves

Grow appoints new WA BDM
by • 5 May 2022
The non-bank business lender welcomes Victoria Graves to lead the new business development efforts across Western... READ MORE
Amreeta Abbott and Scott Juda

LoanQ partners with Australian eSigning start-up
by • 5 May 2022
The loan origination platform has revealed it has aligned with Annature, introducing the fintech’s eSigning product... READ MORE

New Lendi-partnered lender launches

by Annie Kane • 4 May 2022
A new lender partnered by Lendi Group and 1835i has launched into market with a mortgage that gives customers... READ MORE
Peter Gibson

Alex Bank hires state manager to drive broker expansion
by Annie Kane • 4 May 2022
The neobank has hired its first state manager for broker partnerships, Queensland, to help support brokers and oversee... READ MORE
Staci Karas

Former Pepper BDM joins RedZed’s Victorian presence
by • 4 May 2022
Self-employed lender RedZed has filled a vacancy within its Victorian broker support network, naming Staci Karas to its... READ MORE

RBA raises cash rate amid surging inflation
by Sarah Simpkins • 3 May 2022
The Reserve Bank has hiked the cash rate for the first time since November 2010, ahead of the federal election. READ MORE

Clawbacks clash with best interests duty: Finsure
by Sarah Simpkins • 3 May 2022
Clawbacks are no longer relevant according to the aggregator, with its chief warning the practice is at odds with best... READ MORE