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Breaking News
Brokers prepare clients for rate rises
by • 28 Jun 2022
Brokers are recommending some borrowers make larger repayments to lessen the blow of rising interest rates.
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Will NSW’s new property tax impede servicing?
by reporter • 28 Jun 2022
Following the NSW government’s move to introduce an optional property tax next year, brokers are questioning how...
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Elite Broker Q&A: Liz Zaki, OneSite Finance
by • 28 Jun 2022
After more than 17 years in the broking industry, we speak with Liz Zaki about her journey into broking and how...
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Former EFTPOS CEO to join Plenti board
by • 28 Jun 2022
The lending group has named its next non-executive director, announcing that Stephen Benton will be joining the group...
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Brokers now recognised on WA Offer and Acceptance form
by Annie Kane • 27 Jun 2022
Following engagement with the MFAA, the Real Estate Institute of Western Australia has amended its Offer and Acceptance...
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NAB lending rides on rise of local business
by Reporter • 27 Jun 2022
Lending to Aussie manufacturers at the big four bank has risen by 15 per cent in the last year, as demand has shot...
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Grow launches low-doc, no deposit asset finance loan
by reporter • 27 Jun 2022
The SME lender has created a new low-doc loan for cars, vans and utes that require no deposit.
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Apricity appoints COO
by • 27 Jun 2022
Invoice finance lender Apricity has announced the appointment of Michael Paredes as chief operating officer.
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Mortgages dominate cost pressures for tenth of Aussies
by Sarah Simpkins • 24 Jun 2022
Close to one-tenth of Australians have said their home loan is the largest contributor to their cost-of-living...
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Regional migration accelerated in March quarter
by • 24 Jun 2022
Migration from capital cities to regional Australia has hit new six-year highs in the March quarter, according to the...
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Hot Property: The biggest property headlines from the week 20-24 June
by reporter • 24 Jun 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending...
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Former BEN area manager opens brokerage
by reporter • 24 Jun 2022
Kapil Virmani – a former area manager for Bendigo and Adelaide Bank – has returned to his broker roots, opening a...
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BDMs, credit assessor approval ratings starting to fall
by Malavika Santhebennur • 23 Jun 2022
While satisfaction with lender BDMs and credit assessors remains historically high, broker satisfaction scores have...
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Humm board collapses in wake of HCF sale termination
by • 23 Jun 2022
Five of the group’s six directors have confirmed their resignations, stating they “cannot remain on the board of...
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Industry CEOs and brokers sleep-out in aid of homelessness
by Annie Kane • 23 Jun 2022
Several chief executives and directors in the mortgage and finance industry will be spending a night without shelter to...
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FBAA warns against merging credit licences with AFSLs
by Sarah Simpkins • 22 Jun 2022
As the Australian Law Reform Commission has considered consolidating the licensing regimes for credit and financial...
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NAB tips 15% house price fall in 2023
by • 22 Jun 2022
NAB’s chief economist has predicted house price growth will drop by more than expected.
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Gateway reports 21% growth in mortgage book
by reporter • 22 Jun 2022
The mutual bank surpassed the $1 billion mortgage mark this financial year, after delivering annualised growth of 21...
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NSW confirms stamp duty reforms from 2023
by Annie Kane • 21 Jun 2022
First home buyers in NSW will be able to choose between an upfront payment or a smaller annual property tax from next...
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Plug gaps in broker regulations, says MFAA
by Sarah Simpkins • 21 Jun 2022
The industry body has urged the government to touch up recent reforms made across reference checking, breach reporting...
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Non-bank founder, former CEO joins Joust board
by • 21 Jun 2022
The home loan fintech has grown its non-executive team with two new appointments, one of which being MoneyPlace founder...
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Qld announces affordable housing partnership
by reporter • 21 Jun 2022
More than 1,200 social and affordable homes are to be built in Queensland as part of a new commercial partnership...
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NSW to trial shared equity home ownership scheme
by Sarah Simpkins • 20 Jun 2022
The state will trial helping certain key workers, single parents and older singles buy homes in a new $780.4 million...
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Turnarounds take back seat following stabilisation
by Annie Kane • 20 Jun 2022
Brokers are now less driven to choose a lender based on turnarounds, as time to initial credit decision has improved...
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Web of definitions weighing down financial services law: ALRC
by Sarah Simpkins • 20 Jun 2022
Industry players have backed a call to simplify definitions across financial services legislation, with broker bodies...
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