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Arrow down, red arrow, drop

Total loan approvals drop by over $1.6bn
by Reporter • 15 May 2018
The total value of housing, commercial and personal loans approved in March dropped by over $1.6 billion in a month,... READ MORE
Caution, warning, keep the bastards honest

‘Keep the bastards honest’: Broker hits out at banks
by James Mitchell • 15 May 2018
A third-party veteran has warned that the reputations of mortgage brokers and other industry professionals are being... READ MORE
NAB

NAB looks to challenge fintech space
by Reporter • 14 May 2018
The big four bank has launched an unsecured, short-term small business loan and overdraft facility through the broker... READ MORE
joined forces with rate comparison website Finder

Valiant partners with comparison website
by Reporter • 14 May 2018
Valiant Finance has joined forces with rate comparison website Finder in a move designed to provide its brokers and... READ MORE
Arjan Bloemer

Regional bank appoints new COO
by Reporter • 14 May 2018
Toowoomba-based lender Heritage Bank has announced the appointment of a new chief operating officer, effective... READ MORE

Brokerage founder says industry must be ‘culled’
by James Mitchell • 14 May 2018
The managing director of a national brokerage says that the industry needs to be “culled” of bad apples and... READ MORE
Data sharing

Mortgage data to fall under Consumer Data Right
by Reporter • 14 May 2018
A new Consumer Data Right will give consumers the right to access and share data that businesses hold about them,... READ MORE
Arrow down, home loan

Home loan demand falls for fourth consecutive month
by Reporter • 14 May 2018
Home loan demand from both owner-occupiers and investors has dropped, with overall dwelling commitments falling for the... READ MORE
Mortgage

Nearly a third of borrowers will be FHBs next year
by Reporter • 11 May 2018
First home buyers will be the largest contingent of borrowers taking out a mortgage in the next year, new research has... READ MORE
Mark Bouris

Royal commission ‘not representative’ of broking: Bouris
by Reporter • 11 May 2018
Yellow Brick Road’s Mark Bouris says that the royal commission’s first round of hearings was “not representative... READ MORE
Young Leaders in Finance

Young Leaders in Finance Awards finalists announced
by Reporter • 11 May 2018
Several leading brokers and mortgage players have been named as finalists in Momentum Media’s inaugural Young Leaders... READ MORE
businessman handshake regional bank change to executive team appointment of new coo cfo group executive

Non-major reshuffles executive team
by Reporter • 10 May 2018
A regional bank has announced changes to its executive team, which include the appointment of a new chief operating... READ MORE
Budget, money, cash, dollars

Regulators are ‘funded for action’ against industry
by Reporter • 10 May 2018
Following the release of the 2018 federal budget, FBAA has warned that regulators now have a government-funded war... READ MORE
scott heathwood

Brokerage boss slams ‘rubbish’ budget, ‘lazy’ politicians
by James Mitchell • 10 May 2018
The head of a mortgage broking and financial planning group believes that the 2018 Federal Budget will be spent on... READ MORE
Mortgage, money, loans, DomaCom

DomaCom crowdfunds $1.6m mortgage-backed loan
by Tas Bindi • 10 May 2018
A financial advisory firm has raised $1.6 million via a fractional investment platform to fund a mortgage-backed... READ MORE
Arrow up, share to rise

Brokers expecting non-major share to rise
by Reporter • 9 May 2018
Over 95 per cent of mortgage brokers are expecting to write more home loans for non-major lenders, according to a new... READ MORE
Stefan Hicks

Ensurance to ‘dispose’ of Australian retail brokerage
by Annie Kane and Charbel Kadib • 9 May 2018
The board of Ensurance Limited has announced that it will adopt a “new strategic direction” and seek to “dispose... READ MORE
office worker typing on desktop macquarie NAB executive entry into australian mortgage market

New Macquarie-backed player enters mortgage market

by Reporter • 9 May 2018
A new fintech founded by two former NAB executives has received $15 million from major investors to facilitate its... READ MORE

Budget 2018–19 released
by Reporter • 8 May 2018
The Budget 2018–19 has been released, with the Treasurer announcing a range of changes, tax cuts and new... READ MORE
New School Entrepreneurs Program

New School Entrepreneurs Program rolled out to brokers
by Reporter • 8 May 2018
Brokers are being urged to take up a new School Entrepreneurs Program that teaches school pupils and young adults... READ MORE
money, cash, Australian dollars, invest

Regional bank invests $25m in P2P lender
by Reporter • 8 May 2018
Bendigo and Adelaide Bank Limited has agreed to provide a $25 million facility to fund existing and future loans in a... READ MORE
Members Equity Bank

Bank apologises for failing to adequately warn of rate change
by Reporter • 8 May 2018
A non-major bank has apologised to customers and said that it is working to reimburse around 2,500 mortgagors affected... READ MORE
tougher lending, boxing gloves, brokers

New software aims to help brokers prepare for tougher lending
by Tas Bindi • 8 May 2018
Financial services software provider CashDeck has released software to help brokers and borrowers prepare for tougher... READ MORE
BDM departure, Adelaide Bank, Mark Nyman

Regional bank announces BDM departure
by Reporter • 8 May 2018
A non-major lender has announced the departure of its business development manager. READ MORE

P2P lender joins Finsure and LoanKit panels
by Reporter • 7 May 2018
Peer-to-peer lender RateSetter has joined the panel of Finsure and LoanKit, giving accredited brokers access to its... READ MORE