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Credit demand to bounce following pre-election lull

Demand for housing finance has dripped to a 10-year low, but analysts are expecting the market to flip as the post-election sentiment spi...
August 19, 2019
Yellow Brick Road has sold its stake in wealth investment service Smarter Money Investments as it continues its “strategic pivot” away from w...
July 11, 2019

A big four bank’s share of the third-party channel has dwindled over the past 12 months, with the lender experiencing the sharpest fall in broker market share.

July 10, 2019
Brokers lodged 17 per cent fewer loans between April and September last year, but the value of home loans settled has remained high, MFAA data ha...
July 10, 2019

The industry association has unveiled a new web application designed to “revolutionise” the way in which brokers manage administrative requirements.

July 10, 2019

The major bank has reduced rates across its fixed home loan offerings by up to 57bps.

July 10, 2019

The number of broker-originated loans lodged with non-major lenders has increased to a record high, partly driven by a historic shift in first home buyer activity.

July 09, 2019
The value of commercial loans settled by brokers in a six-month period exceeded $9 billion in the April-to-September 2018 period for the first ti...
July 09, 2019
Australia’s corporate watchdog has announced its plans to wield its new product intervention powers to address “significant consumer detriment” in the short-term credit in...
July 09, 2019
Digital marketing profit strategist Greg Cassar, HR specialist Roland Youakim and technology specialist Andrew Duerden will join leading brokers ...
July 09, 2019
The association has expressed its support for the prudential regulator’s changes to home loan serviceability guidelines, despite concerns that the reforms would increase cred...
July 08, 2019

AMP Bank and Bendigo Bank are among the latest lenders to reduce their home loan rates following the Reserve Bank’s second consecutive cut to the cash rate.

July 08, 2019
The mortgage broking industry is reportedly “close to finalising the wording of a broker statement around co-borrowers and financial abuse”, following weeks of uncert...
July 08, 2019
The major brokerage has announced that it has recruited more female mortgage brokers than male ones for the first time in its 27-year history....
July 08, 2019

ASIC has been urged to enshrine “strong, consumer-focused” requirements for brokers in its responsible lending guidance.

July 07, 2019
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The major bank has said that it is committed to providing “grea...

Westpac revises home lending policy

The major bank has revised its home lending policy, including th...