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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... READ MORE

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. READ MORE

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... READ MORE

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... READ MORE

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. READ MORE

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... READ MORE

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... READ MORE
Luci Ellis Westpac

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... READ MORE
Mortgage stress

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. READ MORE
Pete Lirantzis

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. READ MORE

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... READ MORE
First-time buyers

‘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. READ MORE

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... READ MORE

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. READ MORE
Anthony Albanese

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... READ MORE

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... READ MORE
Angus Taylor TA

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... READ MORE

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. READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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. READ MORE

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... READ MORE

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... READ MORE