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ANZ unpacks why broking is a less profitable channel
by Annie Kane • 11 Nov 2024
The group executive for retail banking at ANZ has revealed the key drivers that make broking a less profitable channel...READ MORE
Metricon chooses Victorian brokerage for national partnership
by Annie Kane • 11 Nov 2024
The home construction company has selected Mortgage Domayne as its exclusive partner to provide broking services to... READ MORE
Connective welcomes new state manager for SA
by Annie Kane • 11 Nov 2024
A new state manager has been appointed at Connective for South Australian brokers, following the departure of... READ MORE
ANZ broker flows hit new record high
by Annie Kane • 8 Nov 2024
The broker channel is writing nearly two-thirds of the major bank’s new mortgage business in Australia, according to... READ MORE
Brokers surprised at NAB proprietary move
by Annie Kane • 8 Nov 2024
Mortgage brokers have voiced surprise and dismay at the major bank’s move to focus on home lending growth through the... READ MORE
LMG launches new lending line
by Annie Kane • 8 Nov 2024
LMG has launched a new suite of digital-first mortgages for its brokers, built in partnership with Athena Home Loans... READ MORE
Non-bank launches trail book loan for brokers
by Annie Kane • 8 Nov 2024
A new loan product has been launched by the non-bank to help brokers leverage their trail book income to fund business... READ MORE
Hot Property: The biggest property headlines from the week 4–8...
by Reporter • 8 Nov 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 8... READ MORE
NAB shifts focus to increase proprietary lending
by Annie Kane • 7 Nov 2024
The major bank has announced a greater focus on proprietary lending to improve shareholder returns and will be... READ MORE
NSW government must change payroll tax law: MFAA
by Annie Kane • 7 Nov 2024
The broking association has urged the NSW government to change payroll tax law to make it more... READ MORE
Winners unveiled for Australian AI Awards 2024
by Reporter • 6 Nov 2024
Over 20 winners, including those from the broking industry, have been announced at Momentum Media’s brand-new... READ MORE
Non-major bank announces second bank acquisition
by Ben Squires • 6 Nov 2024
A non-major bank has announced it will acquire a customer-owned lender, the second such acquisition in a year.
READ MORE
Final orders handed down in Loan Market payroll tax case
by Annie Kane • 6 Nov 2024
The aggregator’s protracted payroll tax case has reached a conclusion, with final orders being handed... READ MORE
Resimac’s Rodney Cottam runs 560km in 7 days
by Annie Kane • 6 Nov 2024
Resimac’s regional sales manager has completed a 560-kilometre run in seven days, pushing his limits and raising... READ MORE
Transparent promotion frameworks vital in financial services
by Malavika Santhebennur • 6 Nov 2024
A global investment management firm executive has called for standardised promotion policies to close the “gendered... READ MORE
Bizcap expands into Singapore
by Annie Kane • 6 Nov 2024
The SME lender has welcomed Joseph Lim as its new managing partner for Asia as it prepares to open its doors in... READ MORE
RBA still sees ‘upside risks’ and ‘not ruling anything in or...
by Annie Kane • 5 Nov 2024
It’s been a year since the cash rate last moved, and while inflation is falling, the central bank has warned it still... READ MORE
RBA unlikely to cut the cash rate this year, say economists
by Annie Kane • 5 Nov 2024
The market expects the central bank to hold the cash rate today, despite inflation being within the RBA’s target... READ MORE
Westpac reveals increase in broker flows
by Ben Squires • 5 Nov 2024
The major has once again reported growth in the proportion of loans coming from the third-party channel.
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AMP appoints first director for new digital bank
by Annie Kane • 5 Nov 2024
The bank has hired a leader for its new digital banking division, which will officially launch next year.
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Elders acquires agri brokerage
by Annie Kane • 5 Nov 2024
The agribusiness specialist has acquired a regional South Australian brokerage as it continues to grow its broker and... READ MORE
Broker numbers surpass 21k in Australia
by Annie Kane • 4 Nov 2024
New data has suggested that there are now a record 21,225 customer-facing brokers in Australia.
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Bank ‘greed’ on home loans called out
by Annie Kane • 4 Nov 2024
The FBAA has slammed banks for pursuing profit to the point of greed, after new data showed the majors make more than... READ MORE
Investor activity high amid dip in value of new housing loans
by Ben Squires • 4 Nov 2024
New home lending dipped in September for the first time since January 2024, but investor activity remained high,... READ MORE
Macquarie home loan book grows 9% in 6 months
by Ben Squires • 4 Nov 2024
The lender has revealed its home loan portfolio grew 9 per cent over the six months to September 2024.
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Treasury keen to engage with brokers: Stephen Jones
by Annie Kane • 1 Nov 2024
Assistant Treasurer Stephen Jones has told the FBAA conference that Treasury will continue to engage with brokers to... READ MORE
Commercial property sentiment remains negative
by Ben Squires • 1 Nov 2024
The latest index print has reflected softening business conditions and subdued economic growth.
READ MORE
Non-bank lender welcomes new GM of sales
by Ben Squires • 1 Nov 2024
The lender has announced a newly created role designed to help drive growth and strengthen broker partnerships.
READ MORE
Loan Market appoints new state director for NSW and ACT
by Ben Squires • 1 Nov 2024
The new appointment sees Loan Market strengthen its local leadership team in NSW and ACT with a “familiar... READ MORE
Assetline Capital expands product range
by Ben Squires • 1 Nov 2024
The new offerings come as part of a strategic move for the non-bank to establish itself as a full-service... READ MORE
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