Breaking News
Non-major sponsors financial wellness research
by Malavika Santhebennur • 7 Dec 2020
Teachers Mutual Bank Ltd has partnered with a financial wellness platform to deliver insights into financial...READ MORE
Half of Australians wish home buying was on the curriculum
by Annie Kane • 7 Dec 2020
Nearly half of Australians wish they had learned about how the property market works in school, with three-quarters... READ MORE
ASIC consults on new remediation guidance
by Annie Kane • 4 Dec 2020
The financial services regulator is changing its consumer remediation guidance to be “product neutral” and include... READ MORE
How a broker can service self-employed clients
by Malavika Santhebennur • 4 Dec 2020
The specialist lender explained why broker lender panels should be broad, and underscored the importance of brokers... READ MORE
AFG pilots new AI platform
by Annie Kane • 4 Dec 2020
The aggregation group is piloting a new AI platform that predicts customer behaviour and helps brokers tailor their... READ MORE
Hot Property: The biggest property headlines from the week 30...
by Reporter • 4 Dec 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 4... READ MORE
Bank announces new head of broker partnerships
by Annie Kane • 3 Dec 2020
Suncorp Bank has today announced the appointment of its new head of broker... READ MORE
Stamp duty reform ‘right thing to do’: RBA
by Malavika Santhebennur • 3 Dec 2020
The RBA governor has doubled down on his support to remove stamp duty following budget announcements by NSW and... READ MORE
Broker convicted, fined $9,000
by reporter • 3 Dec 2020
A finance broker has been convicted of three counts of making false statements to ASIC, and fined... READ MORE
NAB makes executive appointment
by Malavika Santhebennur • 3 Dec 2020
The major bank has appointed a former Royal Bank of Scotland executive as its new chief operating officer.
READ MOREBID changes could see brokers earning nothing on some loans
by Annie Kane • 2 Dec 2020
Connective has warned that the expanded BID could threaten broker livelihoods by obligating them to fully flex down on... READ MORE
Deferral exits, expiries hit $100bn
by Malavika Santhebennur • 2 Dec 2020
Loan deferral exits have outweighed new entries for the fourth straight month in October, with $100 billion in loans... READ MORE
Lender joins Vow Financial, YBR panel
by Malavika Santhebennur • 2 Dec 2020
RedZed has partnered with Vow Financial, which will allow it to join the aggregator and YBR’s panel.
READ MORERBA makes final cash rate call of the year
by Annie Kane • 1 Dec 2020
The Reserve Bank has announced its cash rate decision for the month of December, staying in line with market... READ MORE
Association heads call for POS conflict resolution
by Annie Kane • 1 Dec 2020
The MFAA and FBAA have echoed concerns that the extension of the BID to finance brokers could unfairly... READ MORE
Former Pepper Money CFO joins GetCapital
by Malavika Santhebennur • 1 Dec 2020
The business lender has appointed the former Pepper Money executive to the newly created CFO role and the executive... READ MORE
Industry veteran Steve Kane retires from NAB
by Annie Kane • 30 Nov 2020
Steve Kane, NAB’s longstanding executive for broker distribution, has announced his retirement from the major bank... READ MORE
HomeBuilder extension details revealed
by Annie Kane • 30 Nov 2020
The details surrounding the newly announced extension to the HomeBuilder program have been... READ MORE
Asset finance brokers raise alarm over BID extension
by Annie Kane • 30 Nov 2020
Asset finance brokers writing consumer loans have raised concerns that the best interests duty extension could damage... READ MORE
AFG saw record lodgements volumes in October
by Annie Kane • 30 Nov 2020
AFG CEO David Bailey has revealed that the aggregation group recorded its highest ever lodgement volumes in October,... READ MORE
Housing stress rise flagged as support wears off
by Malavika Santhebennur • 30 Nov 2020
Government measures amid the COVID-19 crisis averted the risk of homelessness and housing stress for many, but the risk... READ MORE
Broker association appoints new president
by Annie Kane • 27 Nov 2020
A broker association has welcomed a new president, a new VP and two new board members, after the “founding... READ MORE
Heritage hires three new senior executives
by Annie Kane • 27 Nov 2020
The mutual bank has appointed its first head of payments and announced a new head of product and head of business... READ MORE
Hot Property: The biggest property headlines from the week 23-27...
by Reporter • 27 Nov 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 27... READ MORE
Broker market share surpasses 60%
by Annie Kane • 26 Nov 2020
More than 60 per cent of residential mortgages were written by brokers between July and September 2020, the highest... READ MORE
ABA calls for best interests duty clarification
by Annie Kane • 26 Nov 2020
The banking association is calling on government to provide greater clarity on the application of the best interests... READ MORE
New business funding guide released
by Annie Kane • 26 Nov 2020
An updated Business Funding Guide for brokers, accountants and other SME advisers has been released by the ASBFEO... READ MORE
Why this broker is choosing sustainability over growth
by Malavika Santhebennur • 26 Nov 2020
Veteran broker Sarah Wells reveals why she’s no longer focusing on growing her business and instead prioritising... READ MORE
Aussie CEO welcomes Vic stamp duty move
by Annie Kane • 26 Nov 2020
James Symond, the chief executive officer of Aussie, has welcomed the Victorian government’s move to slash the cost... READ MORE
90% of Loan Market complaints ruled in favour of brokers
by Malavika Santhebennur • 25 Nov 2020
The majority of AFCA complaints received against the major brokerage’s brokers were resolved in their favour,... READ MORE

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