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Breaking News
House price growth stumbles in line with predictions
by • 1 Jun 2022
Skyrocketing house price growth appears to have faltered, after prices fell nationally in May, as the cost of borrowing...
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CBA flags importance of brokers in rising rate environment
by reporter • 1 Jun 2022
The major bank has said that brokers play “an important role” in supporting customers in the current environment.
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Lend expands panel with asset finance players
by • 1 Jun 2022
The SME finance platform has embraced an emerging trend in commercial lending, confirming three new additions to its...
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Tasmania targets building sector pressures, in bid for housing
by Sarah Simpkins • 1 Jun 2022
While multiple builders have collapsed around the country, Tasmania has estimated it will need thousands more...
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70% of mortgages go through a broker: MFAA
by Annie Kane • 31 May 2022
Broker market share has hit new heights, with 70 per cent of all new residential home loans written by mortgage...
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Borrowers not ready for rising rates: Mortgage Choice
by Sarah Simpkins • 31 May 2022
A new survey from Mortgage Choice has found the majority of home loan customers are not prepared for the coming upswing...
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AFCA commits to user-pays funding model
by • 31 May 2022
In the wake of 60 meetings with industry bodies and members, the ombudsman’s board has agreed to a funding model...
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Pepper Money names 1st NZ country head
by Sarah Simpkins • 30 May 2022
Pepper Money has recruited a new leader for its New Zealand business, as its gears up to expand further across the...
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P&N welcomes new GM of business banking
by Annie Kane • 30 May 2022
As P&N Group prepares to “reinvigorate” its business banking presence, it has welcomed a new general manager of...
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NSW extends stamp duty exemptions for farmers
by Annie Kane • 30 May 2022
The NSW government has passed new laws that will see stamp duty exemptions extended on the transfer of primary...
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SME lending fintech wraps $6.5m raise
by Sarah Simpkins • 30 May 2022
Fintech lender Grapple has completed a $6.5 million capital raise, with plans to expand its footprint in the $3 billion...
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AFG GM to join MFAA board
by Sarah Simpkins • 27 May 2022
A member of the aggregator’s executive team is set to take a seat on the board of the Mortgage and Finance...
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Early commission payment loans open to full broker market
by Annie Kane • 27 May 2022
The full broker market can now access upfront commissions early, after fintech Possibl expands its offering to the...
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Grow expands structured finance, appoints senior partner
by • 27 May 2022
The non-bank lender has included a new addition to its structured finance and payments division, naming David Keeling...
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Hot Property: The biggest property headlines from the week 23-27 May
by Reporter • 27 May 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 27...
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New broker head for Heritage Bank amid leadership shuffle
by Sarah Simpkins • 26 May 2022
The mutual bank has promoted a state manager to lead its mortgage broker operations, as its last head has joined the...
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Bluestone boosts non-prime support for brokers
by • 26 May 2022
Bluestone Home Loans has announced a team of senior underwriters will garner additional support for brokers when...
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Prime welcomes new BDMs amid SME lending boom
by Annie Kane • 26 May 2022
The non-bank lender has expanded its growing business development team by two members to help meet rising demand from...
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‘Clawback should be abandoned’: Former ASIC deputy chair
by Annie Kane • 25 May 2022
With the best interests duty now in place, clawback “should be abandoned”, Daniel Crennan QC, the former deputy...
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Men’s doubts around female brokers’ experience and knowledge...
by Sarah Simpkins • 25 May 2022
New research has highlighted gaps between what male and female brokers believe is slowing down the progress of women...
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Grant Bailey joins Deposit Assure
by Annie Kane • 25 May 2022
Deposit bond provider Deposit Assure has welcomed Grant Bailey to the new role of head of partnerships.
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How will Labor’s policies tackle housing affordability?
by • 25 May 2022
As the Australian Labor Party takes the front seat, economists unpick how the raft of policy measures will combat...
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Joust embraces instant connectivity with borrower, broker platform
by • 25 May 2022
The fintech has continued its drive towards digitising the lending experience, releasing an update designed...
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Broking industry reacts to Labor win
by Annie Kane • 24 May 2022
Following the federal election, members of the mortgage broking industry have voiced hope that a Labor-led government...
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Moneytech joins Vow/YBR panel
by reporter • 24 May 2022
The SME lender Moneytech has formed a strategic referral partnership with the Yellow Brick Road Group, joining its...
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