Breaking News
Consumer credit demand hits double-digit growth: Equifax
by Sarah Simpkins • 6 Aug 2021
Consumer credit demand has moved out of negative territory for the first time in three years, according to a new...READ MORE
RedZed prices largest transaction to date
by reporter • 6 Aug 2021
The non-bank lender has priced a $750 million RMBS transaction, its largest to date.
READ MOREHot Property: The biggest property headlines from the week 2 to 6...
by Reporter • 6 Aug 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 6... READ MORE
NAB launches Islamic SME financing
by Annie Kane • 5 Aug 2021
The major bank has launched a specialised financing product for Islamic business customers.
READ MOREAssociation working to ‘fix’ reference checking laws
by Annie Kane • 5 Aug 2021
The MFAA has been working with Treasury to “fix” reference checking legislation and make other incoming regimes... READ MORE
Money management app flags broker push
by Sarah Simpkins • 5 Aug 2021
Clever, a new money management platform, has launched to market, with a broker matching extension set to launch in... READ MORE
Bank increases maximum loan amounts
by reporter • 5 Aug 2021
A non-major bank has raised its maximum loan amounts by up to $900,000 for mortgage borrowers.
READ MOREWestpac wraps up asset finance business sale
by Malavika Santhebennur • 5 Aug 2021
The major bank has completed the sale of its asset finance subsidiary, which managed around $500 million in customer... READ MORE
Bank CEO pledges to maintain broker offering following merger
by Annie Kane • 4 Aug 2021
The CEO of Newcastle Permanent has said the lender will continue to operate in the broker channel should its merger... READ MORE
bcu launches $5k cashback offer
by Malavika Santhebennur • 4 Aug 2021
The customer-owned bank has released a cashback offer for new and existing customers who take out an eligible new home... READ MORE
RBA makes cash rate call as lockdown drags on
by Malavika Santhebennur • 3 Aug 2021
The central bank has delivered its rate decision for August as the ongoing lockdowns quell speculation about imminent... READ MORE
AMP hires intermediary head
by Sarah Simpkins • 3 Aug 2021
AMP Bank has recruited from MyState for its new head of intermediary distribution and governance, with the... READ MORE
Brokerage officially launches white label loan
by Annie Kane • 3 Aug 2021
North Sydney-based brokerage Shore Financial has officially launched its white label mortgage, Shore Private, powered... READ MORE
More clients look to lock fixed rates than 2020
by Malavika Santhebennur • 3 Aug 2021
More borrowers are eager to lock in fixed interest rates than this time last year amid record-low interest rates,... READ MORE
MKM launches digital loan application tools
by Sarah Simpkins • 3 Aug 2021
Non-bank lender MKM has teamed with technology provider NextGen.Net to revamp its electronic lodgement and loan... READ MORE
House price growth at 17-year high: CoreLogic
by Malavika Santhebennur • 3 Aug 2021
Home values grew by 16.1 per cent in the past year, the fastest pace of growth since 2004, but growth has slowed,... READ MORE
GetCapital launches broker platform
by Sarah Simpkins • 2 Aug 2021
The business lender has rolled out a new broker platform, as it has boosted investment in its technology... READ MORE
Loyalty tax issue flagged to MPs
by Malavika Santhebennur • 2 Aug 2021
Brokers are key to holding lenders to account to ensure borrowers are on a competitive rate and avoid being “loyalty... READ MORE
Connective launches trail book marketplace
by Annie Kane • 2 Aug 2021
The aggregation group has announced a new arrangement with a specialist trail book firm to facilitate the purchase and... READ MORE
SME lender welcomes COO
by reporter • 2 Aug 2021
Invoice and equipment finance lender Earlypay has appointed a new chief operating officer and executive director of its... READ MORE
Brokers promote competition in lending: Lendi
by Malavika Santhebennur • 30 Jul 2021
Brokers are driving competition in the mortgages sector and changing the composition of Australia’s loan books... READ MORE
SME fintech closes $25m raise to fund expansion
by Annie Kane • 30 Jul 2021
An SME lender has raised $25 million in equity to fund the ‘rapid expansion’ of its Australian and European... READ MORE
Hot Property: The biggest property headlines from the week 26 to 30...
by Reporter • 30 Jul 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 30... READ MORE
FBAA calls for finance broker register
by Malavika Santhebennur • 29 Jul 2021
The FBAA has been urging ASIC to create a register for brokers who do not fall under the NCCP, given a lack of... READ MORE
Mortgage Choice-Smartline leadership changes announced
by Annie Kane • 29 Jul 2021
The REA Group has confirmed changes to the Mortgage Choice-Smartline network leadership... READ MORE
Governments extend COVID support to NSW, Vic
by Sarah Simpkins • 29 Jul 2021
The state and federal governments have offered support packages to businesses across NSW and Victoria, as Sydney has... READ MORE
Suncorp launches new broker portal
by Annie Kane • 29 Jul 2021
The non-major bank has released a new broker platform as it continues to prioritise home lending and its broker... READ MORE
SME lender expands Vic BDM team
by Annie Kane • 29 Jul 2021
SME lender Prime Capital has made another new appointment to its broker support team, hiring a new BDM for... READ MORE
Bank announces new head of home lending distribution
by Annie Kane • 28 Jul 2021
MyState Bank has hired the CEO of RateOne and former NAB head of broker Vic/Tas as its new head of home lending... READ MORE
Sydney mayor launches business support, calls for JobKeeper
by Sarah Simpkins • 28 Jul 2021
Sydney’s mayor has urged the federal government to resurrect JobKeeper, as the city has launched a new relief package... READ MORE

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