opinion opinion news
Bendigo Bank to launch home loans to brokers
by Sarah Simpkins • 29 Nov 2021
The bank has flagged that it will open up its home loans to the broker channel within the next two years, under a...READ MORE
ASIC demands review into ANZ home loan referrals
by Sarah Simpkins • 29 Nov 2021
Under a new lawsuit against ANZ, ASIC has sought a probe into the major bank’s current home loan customer referral... READ MORE
Pepper Money eyes gaps left by big four
by Sarah Simpkins • 26 Nov 2021
The ASX-listed lender has aimed to become the “new major”, targeting underserved customers, as it has flagged new... READ MORE
Lenders need to improve ease of use, brokers say
by reporter • 26 Nov 2021
While large ADIs showed improving turnarounds in October, ease of use emerged as a notable bottleneck throughout most... READ MORE
Hot Property: The biggest property headlines from the week 22-26...
by Reporter • 26 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending... READ MORE
Large banks maintain fast turnarounds despite higher broker flows
by reporter • 25 Nov 2021
Brokers are seeing turnarounds at the most commonly used banks continue to improve, despite third-party usage rates... READ MORE
MoneyQuest acquires Buyers Choice
by Annie Kane • 24 Nov 2021
The mortgage broking franchise has acquired boutique sub-aggregator Buyers Choice for an undisclosed... READ MORE
AFG signs up for open banking platform
by Sarah Simpkins • 24 Nov 2021
AFG has teamed with a fintech to allow customers to share their financial and banking data with the group’s... READ MORE
Non-bank welcomes new head of distribution
by Annie Kane • 23 Nov 2021
Non-bank mortgage lender MKM has announced the appointment of its new head of... READ MORE
Victorian FHB grants rise by 29.4%
by Sarah Simpkins • 23 Nov 2021
The Victorian state government has dished out almost 30 per cent more grants to first home buyers year-on-year.
READ MOREAgri lending growth buoyed by high confidence: CBA
by reporter • 23 Nov 2021
Agri machinery financing rose 25 per cent in the first four months of the financial year 2022, reflecting strong... READ MORE
Same-day commission payments offered to Effi brokers
by Annie Kane • 22 Nov 2021
Advanced payments of upfront commissions are being offered to brokers through a new partnership between Effi and... READ MORE
AFCA members to see ‘near real-time’ complaints data
by Annie Kane • 22 Nov 2021
An interactive platform that provides daily complaints data has been launched by the dispute resolution platform for... READ MORE
Deposit Power announces new CEO
by Annie Kane • 19 Nov 2021
The bond provider has appointed a new chief executive who will help “drive the company’s strategy and growth... READ MORE
MFAA announces 2 new board members
by reporter • 19 Nov 2021
Brokers Marissa Schulze and Kerri Buurman have been welcomed to the board of the Mortgage and Finance Association of... READ MORE
Platform Finance reports strong surge in personal loans
by Annie Kane • 19 Nov 2021
Home improvements, debt consolidation and vehicle purchases have driven a doubling in personal loan growth in the... READ MORE
Hot Property: The biggest property headlines from the week 15-19...
by Annie Kane • 19 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending... READ MORE
Plenti chips away at turnarounds in quest to $5bn
by Sarah Simpkins • 18 Nov 2021
The ASX-listed lender has laid out its ambitions to hit a $5 billion loan book in the next four years, with brokers to... READ MORE
New draft regulatory guide released on consumer remediation
by Annie Kane • 17 Nov 2021
Credit licensees are being asked to respond to ASIC’s new regulatory guide on how they should conduct remediations... READ MORE
Banking group names interim CEO
by Annie Kane • 17 Nov 2021
A banking and mortgage broking group has announced the appointment of Allan Savins as its interim banking chief... READ MORE
Low confidence hinders diversification into SME finance
by Malavika Santhebennur • 17 Nov 2021
Residential mortgage brokers have the will and desire to diversify into SME lending but lack the time and confidence to... READ MORE
MFAA celebrates 14k membership milestone
by reporter • 17 Nov 2021
The association’s membership has surpassed the 14,000-member mark for the first time in its history, it has been... READ MORE
FBAA calls on brokers to heed COVID-19 directions
by Annie Kane • 15 Nov 2021
The broker association is encouraging brokers to familiarise themselves with COVID-19 regulations and government... READ MORE
SMEs unfairly penalised by large finance hurdles, warns Apricity
by Annie Kane • 15 Nov 2021
Small businesses are at risk of losing out on lucrative infrastructure jobs due to huge finance hurdles being set by... READ MORE
AFCA extends pre-expulsion appeal deadline
by Annie Kane • 12 Nov 2021
Brokers will have an extra week to appeal their pre-expulsion notice or resolve their accounts before formal action is... READ MORE
Brokers face $1.3m rise in ASIC levies
by Sarah Simpkins • 12 Nov 2021
ASIC has estimated it will recover $8.1 million in costs through industry levies from the credit intermediary sector,... READ MORE
Hot Property: The biggest property headlines from the week 8-12...
by Reporter • 12 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 12... READ MORE
NAB nods to brokers in business bank strategy
by Sarah Simpkins • 11 Nov 2021
Brokers are playing a growing role in business lending, NAB’s boss has said, as the bank has decided to target the... READ MORE
Suncorp business lending slips
by Sarah Simpkins • 11 Nov 2021
Business lending at the non-major bank dipped by $60 million in the September quarter, a 0.5 per cent decline from the... READ MORE

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