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Overhaul net of offset structure, urges FBAA

The industry body has demanded action on net of offset commissions, after finding the number of deals with payment delays more than quadrupled in three years.

AGGREGATOR • Sun, 15 May 2022

Brokers key to Judo’s push into health, agriculture

Judo Bank’s third-party chief has said brokers will play a key role in the group’s expansion into two new specialty areas.

LENDER • Sun, 15 May 2022

Loan Market Group to join forces with Nodifi

Loan Market Group and digital market place Nodifi have decided to merge their asset finance operations, with plans for growth in the coming months. 

AGGREGATOR • Thu, 12 May 2022

MONEYME courts aggregators in quest to challenge banks

The lender has confirmed it is in talks with major aggregators, with plans to expand its broker distribution and gear up for further growth after buying SocietyOne.

LENDER • Tue, 10 May 2022

AFCA targets complaints without merit in new reform

The complaints body has made early merit assessment a permanent feature of its process, aiming to quickly weed out claims where there is no error or financial loss.

COMPLIANCE • Mon, 09 May 2022

Slimmed turnarounds boosts Suncorp mortgages

The bank has returned to above system growth in its home loans, with its chief crediting speedier broker turnarounds.

LENDER • Mon, 09 May 2022

Mortgage Choice acquisition drives revenue boost for REA

The integration of Mortgage Choice has helped drive a 23 per cent year-on-year revenue jump for REA Group.

AGGREGATOR • Sun, 08 May 2022

Brokers urged to stay alert as rates begin ascent

The Reserve Bank has aligned with industry expectations and raised the cash rate, but brokers have been told to watch for how lenders respond.

BROKER • Tue, 03 May 2022

RBA raises cash rate amid surging inflation

The Reserve Bank has hiked the cash rate for the first time since November 2010, ahead of the federal election.

BORROWER • Tue, 03 May 2022