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Breaking News
New scenario AI platform launches for brokers
by Annie Kane • 30 Apr 2025
A broker has built and launched a new AI-driven tool that helps brokers search and identify relevant lender policy...
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Refinancing rebounds after rate cut spurs mortgage competition
by Will Paige • 30 Apr 2025
Refinancing volumes rose by more than 12 per cent in the latest quarter, driven by renewed competition for mortgages.
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Westpac announces new head of consumer bank
by Annie Kane • 29 Apr 2025
The major bank has appointed a new leader to head up consumer banking in an acting capacity following Jason Yetton’s...
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Lowering buffer could unlock $276bn: FBAA
by Will Paige • 29 Apr 2025
Lowering the serviceability buffer to 2.5 per cent could unlock billions and help 270,000 more people, new FBAA...
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Westpac welcomes new NSW/ACT general manager
by Annie Kane • 29 Apr 2025
The major bank has welcomed Ray Esho to its residential broker team as its new state general manager for NSW/ACT.
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La Trobe Financial expands exec team with key appointments
by Ben Squires • 29 Apr 2025
The alternative asset manager has announced two strategic appointments, with more expected to follow in the coming...
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Purple Circle upgrades CRM platform for brokers
by Will Paige • 29 Apr 2025
Brokers aggregating under Purple Circle Financial Services have become the latest to access Salestrekker’s new...
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Westpac confirms May rate cut call as global uncertainty hits...
by Will Paige • 28 Apr 2025
The major’s chief economist has said borrowers can ‘lock in’ a 25-bp May rate cut and be ready to ‘pivot...
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Mortgage stress falls to lowest level in almost 2 years
by Will Paige • 28 Apr 2025
The start of the rate-easing cycle has helped relieve pressure on mortgage holders, Roy Morgan research suggests.
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New Resimac CEO start date confirmed
by Will Paige • 28 Apr 2025
Pete Lirantzis will officially take the reins as Resimac CEO at the end of April.
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Banjo Loans appoints inaugural chief legal officer
by Ben Squires • 28 Apr 2025
The new chief legal officer brings plenty of experience to the role, having worked as an external adviser to the...
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‘Immense pressure’ on many first-time home buyers, CoreLogic warns
by Will Paige • 24 Apr 2025
New data has quantified how first-time buyers are facing a raft of challenges as the cost of owning a home rises.
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Chris Paterson and Rodney Cottam launch new endeavour
by Annie Kane • 24 Apr 2025
Resimac’s general manager for distribution and a regional sales manager have stepped down from their roles to focus...
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Brighten opens commercial lending to more brokers
by Ben Squires • 24 Apr 2025
Accredited brokers across several aggregation groups can now access the non-bank’s commercial lending products.
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Labor to fast-track 6k tradies to boost home building
by Will Paige • 23 Apr 2025
A program to fast-track qualifications for 6,000 tradies has been unveiled by the Labor Party in its latest pledge to...
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Mutual bank boards recommend merger to proceed
by Annie Kane • 23 Apr 2025
With due diligence having been completed on another mutual merger, both boards are now recommending that the deal...
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Liberals accuse PM of lies over negative gearing modelling
by Will Paige • 23 Apr 2025
The Prime Minister is under fire over claims he misled the public about a review into the impact of potential changes...
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Major banks’ market share slips again: AFG
by Annie Kane and Ben Squires • 23 Apr 2025
The big four banks have seen their share of lodgements from AFG brokers dip during the third quarter of FY25.
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Brokers asked to reveal which non-banks have the best products
by Reporter • 23 Apr 2025
The Adviser has launched its 2025 Broker Product of Choice: Non-Banks survey and is calling on brokers across Australia...
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AFG refinancing activity drops to record low
by Ben Squires • 22 Apr 2025
Brokers aggregating under AFG have set a new record for lodgement volumes during a third quarter, but refinancing...
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Coalition outlines plans to accelerate housing approvals
by Annie Kane • 22 Apr 2025
The Coalition has pledged to clear residential development backlogs within 12 months and finalise existing residential...
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Building commencements remain at decade lows
by Ben Squires • 22 Apr 2025
Just over 168,050 new homes commenced construction in 2024, around the lowest level in over a decade, according to new...
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Bank Australia-Qudos Bank members approve merger
by Annie Kane • 17 Apr 2025
Two mutual banks will proceed with their merger after receiving approval from their members.
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BOQ to roll out digital mortgage to brokers
by Annie Kane • 17 Apr 2025
While the lending group has pulled back on home lending through the broker channel amid a cost-cutting exercise, it...
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Lenders cement May rate cut call after RBA releases minutes
by Annie Kane • 17 Apr 2025
Lenders have crystallised their rate cut calls after the RBA Minutes show the May meeting is an ‘opportune time’ to...
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