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Breaking News
Broking industry reacts to cash rate move
by Charbel Kadib • 5 Jun 2019
Senior stakeholders in the broking industry have reacted to the Reserve Bank’s first monetary policy adjustment in...
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RBA urged to ‘leave fuel in the tank’
by Charbel Kadib • 5 Jun 2019
The head of a mortgage aggregator has called on the Reserve Bank to refrain from hastily exhausting its monetary policy...
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Major banks pass on cash rate cut
by Charbel Kadib • 4 Jun 2019
Several lenders, including major banks, have dropped their variable home loan rates in response to the RBA’s monetary...
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RBA pulls cash rate trigger
by Charbel Kadib • 4 Jun 2019
The central bank has reduced the official cash rate for the first time since August 2016, with mortgage rate cuts...
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Pundits fear banks won’t play ball if RBA cuts
by Charbel Kadib • 4 Jun 2019
Most industry pundits are expecting the RBA to cut the official cash rate later today. However, some observers have...
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Former PM joins KKR
by Reporter • 4 Jun 2019
Global asset management firm KKR has appointed former prime minister Malcolm Turnbull to an advisory role.
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NextGen.Net launches enhanced version of ApplyOnline
by Ezekiel MacNevin • 4 Jun 2019
The technology services provider has released an enhanced version of its online application platform for submitting...
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Labor Party shakes up finance team
by Annie Kane • 3 Jun 2019
The leader of the opposition has announced his shadow cabinet, appointing a new shadow treasurer and finance minister...
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Aggregator head joins MFAA board
by Charbel Kadib • 3 Jun 2019
The industry association has announced the appointment of a director of a major aggregator to its board.
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Elite broker nears $1bn milestone
by Annie Kane • 3 Jun 2019
A leading broker is expected to surpass $1 billion of settlements by the end of this year, having settled $952 million...
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Home loan rate cuts continue
by Reporter • 3 Jun 2019
The latest wave of mortgage rate cuts has continued, with two new lenders announcing changes ahead of an expected...
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Mutual lenders to merge next month
by Annie Kane • 3 Jun 2019
Two customer-owned banks are expected to merge on 1 July to create a combined entity with $2.2 billion in assets,...
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‘Aggressive’ rate cut frenzy ensues as sentiment flips
by Charbel Kadib • 31 May 2019
Bankwest is the only lender to announce a rate hike amid a flurry of cuts from several lenders, including a major...
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Serviceability changes could be ‘offset’ by expense process
by Tas Bindi • 31 May 2019
The positive impact of APRA’s proposal to allow banks to set their own serviceability floors could be “offset” by...
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Finance brokerage appoints new interim GM
by Ezekiel MacNevin • 31 May 2019
A leading finance broking firm has appointed business consultant Michael Trencher as its interim general manager and...
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Top tips on SME finance from a leading commercial broker
by Ezekiel MacNevin • 31 May 2019
A leading finance broker has said that 75 per cent of SMEs are cash-strapped, but brokers can be the key to unlocking...
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Australian Broking Awards finalists 2019 revealed!
by Reporter • 30 May 2019
The finalists for the Australian Broking Awards 2019 have been revealed today, as the broking industry gears up for the...
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Property sentiment on the rise
by Reporter • 30 May 2019
Sentiment towards property investment and auctions has risen since the federal election, with more industry...
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Suncorp launches new loan offering for SMEs
by Reporter • 30 May 2019
Suncorp Bank has introduced a three-year fixed business loan offering, effective from Wednesday, 29 May.
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ING cuts variable home loan rates
by Charbel Kadib • 30 May 2019
The non-major lender has dropped its owner-occupied home loan rates by up to 17 basis points.
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CBA reports post-election spike in mortgage applications
by Charbel Kadib • 29 May 2019
The number of home loan applications received by the major bank in the week following the federal election hit a...
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Westpac announces changes to mortgage product features
by Reporter • 29 May 2019
The major bank has made changes to some of its home loan product features, including the removal of relocation loans as...
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Resimac sells subsidiary for $14m
by Reporter • 29 May 2019
The specialist lender has offloaded its subsidiary Paywise to focus on its core businesses in Australia and New...
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New credit rules make diversification ‘critical’
by Ezekiel MacNevin • 29 May 2019
RateSetter has called for brokers to diversify into personal lending as ASIC’s new credit card rules could...
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Last chance to enter the Women in Finance Awards
by The Adviser • 29 May 2019
Submissions are flooding in for the annual Women in Finance Awards, and entries close at the end of this week.
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