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Aggregator seeks to bust broker ‘myths’

by Charbel Kadib • 12 Mar 2019
A major aggregator has published a comprehensive response to the banking royal commission’s “fundamentally...READ MORE

Loan Market adds personal lender to panel

by Ezekiel MacNevin • 12 Mar 2019
Non-bank lender SocietyOne has become the latest lender to join Loan Market’s panel, enabling brokers to distribute... READ MORE

Election uncertainties impacting SME investments

by Reporter • 12 Mar 2019
Around half of all small businesses are delaying investment decisions due to concerns about the impending federal... READ MORE

ScoMo working with brokers for the ‘right answer’

by Annie Kane • 11 Mar 2019
Prime Minister Scott Morrison has told brokers that he will “keep working” with industry on “how to get the right... READ MORE

‘Mortgage broking model changing anyway’: Westpac CEO

by Tas Bindi • 11 Mar 2019
After being pressed by a member of parliament, a senior executive from Westpac admitted that a reduction in mortgage... READ MORE

NAB drops fixed mortgages rates

by Reporter • 11 Mar 2019

The major bank has announced mortgage rate reductions across some of its fixed-rate home loan products.

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CBA CEO weighs in on flat-fee model

by Charbel Kadib • 8 Mar 2019
Commonwealth Bank CEO Matt Comyn has told a parliamentary committee that proposed moves to a flat-fee, ... READ MORE

NSW broking industry celebrated

by Annie Kane • 8 Mar 2019
The leading brokers, business development managers and support staff in NSW have been recognised at the Better Business... READ MORE

AMP lifts variable mortgage rates

by Charbel Kadib • 8 Mar 2019

Cost pressures have prompted AMP Bank to hike its variable home loan rates for both new and existing customers.

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Bank of Sydney to relocate headquarters

by Reporter • 8 Mar 2019

The non-major bank revealed that it is purchasing a building in Sydney’s CBD to relocate its head office.

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Recognising leading female brokers

by Annie Kane • 8 Mar 2019
As we mark International Women’s Day, the industry is celebrating and recognising the women making waves in the... READ MORE

SocietyOne’s loan book boosted by broker channel

by Reporter • 8 Mar 2019
The marketplace lender has reported 62 per cent growth in loan originations, increasing its total loan book to $600... READ MORE

Bank to fuel broker ‘momentum’ with sharp rate cuts

by Charbel Kadib • 7 Mar 2019
A non-major lender has announced mortgage rate cuts of up to 92 basis points for new business, as part of its push for... READ MORE

Cash rate relevance waning: Mortgage Choice

by Reporter • 7 Mar 2019
The Reserve Bank’s monetary policy decisions have lost significance amid out-of-cycle interest rate changes from... READ MORE

Lender trials merchant cash advance through brokers

by Annie Kane • 7 Mar 2019
Brokers will soon be able to offer SME clients a merchant cash advance product, as an SME lender looks to expand its... READ MORE

RC offers ‘opportunity’ for brokers to diversify

by Reporter • 7 Mar 2019
Brokers would be prudent to diversify their offering into SME and asset finance following the royal commission, the CEO... READ MORE

TMB cuts mortgage rates by up to 50bps

by Charbel Kadib • 6 Mar 2019
The mutual bank has announced interest rate reductions of up to 50 basis points on its owner-occupied and investor home... READ MORE

‘Trail commission not dead’: MFAA

by Annie Kane • 6 Mar 2019
The association is continuing to defend trail commissions and is advocating for its survival despite plans to ban the... READ MORE

Former Latitude exec joins non-bank lender

by Reporter • 6 Mar 2019
A non-bank lender has announced appointing a former executive from Latitude Financial Services to its leadership... READ MORE

RBA announces cash rate decision - Mar 2019

by Charbel Kadib • 5 Mar 2019
The RBA has revealed its cash rate verdict for March, following its monthly monetary policy board... READ MORE

Shareholders approve bank-aggregator rebrand

by Charbel Kadib • 5 Mar 2019
Goldfields Money shareholders have supported a motion to change the group's name as part of its move to re-position... READ MORE

Moula commits $250m in loans, updates terms

by Reporter • 5 Mar 2019
The fintech lender has announced its commitment to distributing an additional $250 million in business loans over the... READ MORE

Commercial property lender expands sales team

by Reporter • 5 Mar 2019

Think Tank Group has announced two new appointments to support national expansion.

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Loan Market launches high-street shop front

by Reporter • 5 Mar 2019
The broking franchise has announced the opening of a multifaceted retail space designed to enhance the customer... READ MORE

Legislators urged to put broker uncertainty to bed

by Charbel Kadib • 4 Mar 2019
The executive chairman of Loan Market, Sam White, has stressed the need for a permanent policy solution for the broking... READ MORE

Brokerage commits 20% of commissions to homelessness

by Ezekiel MacNevin • 4 Mar 2019

A new online brokerage will donate a percentage of its commissions to help fight homelessness.

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Wisr books 441% growth in loan originations

by Reporter • 4 Mar 2019
The peer-to-peer lender has reported a 441 per cent surge in loan originations in the first half of the 2019 financial... READ MORE

Resimac drops three construction loans, updates policy

by Ezekiel MacNevin • 4 Mar 2019
The non-bank lender has announced the removal of three construction loan products, as well as changes to application... READ MORE

Leading Victorian brokers crowned

by Annie Kane • 1 Mar 2019
The leading brokers, business development managers and support staff in Victoria have been recognised at the Better... READ MORE

Firstmac one step closer to acquisition

by Charbel Kadib • 1 Mar 2019

The non-bank lender has received preliminary approval for its acquisition of a Queensland-based credit union.

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