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Bank turnarounds accelerate: Broker Pulse

by Malavika Santhebennur • 19 Apr 2024
Lender turnarounds have accelerated to near-record speeds, with one bank taking just 24 hours to reach an initial...READ MORE

Westpac enables open banking for brokers

by Adrian Suljanovic • 19 Apr 2024

The major bank has announced a partnership with NextGen to allow open banking access to mortgage brokers.

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MFAA memberships reach record high

by Charlotte Humphrys • 19 Apr 2024

Memberships have reached a record high at the association, surpassing 15,000 for the first time.

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Interest in becoming ‘property pals’ increases: ING

by Charlotte Humphrys • 18 Apr 2024
Almost half of Australians think that purchasing property with someone who isn’t a spouse or partner will become... READ MORE

Judo Bank loan book reaches $10bn

by Charlotte Humphrys • 18 Apr 2024

The SME bank has revealed it is “not looking for a buyer” as its loan book reached $10 billion this week.

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MFAA announces National Forum presidents for 2024

by Adrian Suljanovic • 18 Apr 2024

The association has revealed the presidents and deputy presidents of its National Forums for 2024.

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Instant asset write-off threshold may be limited, warns tax specialist

by Miranda Brownlee • 18 Apr 2024
Amendments before Parliament will see a more significant increase to the instant asset write-off threshold but for a... READ MORE

Just 11% of Gen Z/Millennials used a broker in the last year

by Annie Kane • 17 Apr 2024

Around one in 10 Gen Z and Millennials have used a broker in the past 12 months, new data has found.

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Business administrations reach record high

by Charlotte Humphrys • 17 Apr 2024
External administrations reached a record high in March amid ongoing cost pressures, skilled labour shortages, and... READ MORE

NAB partners with CitoPlus

by Charlotte Humphrys • 17 Apr 2024

The major bank and tech platform are partnering to develop a new digital solution for commercial brokers.

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ScotPac enters partnership with payroll funding provider

by Adrian Suljanovic • 17 Apr 2024

The SME lender has announced a new alliance with payroll funding and back-office solutions provider.

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FBAA urges brokers to secure cyber insurance

by Charlotte Humphrys • 16 Apr 2024
The association has called on brokers to ensure they have specialty cyber insurance coverage to protect their... READ MORE

SME loan applications up 28% YOY: Banjo Loans

by Adrian Suljanovic • 16 Apr 2024

The SME lender has revealed a surge in year-on-year loan applications from small businesses.

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Associations hit back at payroll tax decision

by Annie Kane • 15 Apr 2024
The outcome of the Loan Market payroll tax case sets a “dangerous precedent” and is based on “flawed”... READ MORE

‘Payroll tax is payable’, judge finds in Loan Market case

by Annie Kane • 15 Apr 2024
The Supreme Court of NSW has found that payroll tax should be paid on commissions and payments to brokers in certain... READ MORE

Lender found to have charged prohibited fees

by Reporter • 15 Apr 2024
The Federal Court has found that the non-bank lender entered into more than half a million contracts that included a... READ MORE

Connective appoints new sales executive

by Adrian Suljanovic • 15 Apr 2024

The aggregator has strengthened its presence in Victoria and Tasmania with a new sales executive hire.

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New app launched to help Australians buy property together

by Reporter • 15 Apr 2024
A new co-ownership app has launched that aims to help home buyers purchase and manage property... READ MORE

Settle Easy opens to WA/SA brokers

by Adrian Suljanovic • 15 Apr 2024

The e-conveyancer has opened its offerings to brokers in Western and South Australia.

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Broking industry calls for re-accreditation simplification

by Annie Kane • 12 Apr 2024
Lenders are being urged to enable brokers to carry over their accreditations if they change aggregator or head... READ MORE

TruePillars appoints new CCO

by Charlotte Humphrys • 12 Apr 2024

Prospa’s former chief commercial officer has been appointed as the new CCO of non-bank lender TruePillars.

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Lenders reaching unconditional approval in record time: AFG

by Charlotte Humphrys • 12 Apr 2024

It is now taking 17.2 days for loans to go from lodgement to formal approval, according to the aggregator.

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Hot Property: The biggest property headlines from week 8–12 April

by Adrian Suljanovic • 12 Apr 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 12... READ MORE

Brokers should be more involved in discharge process: MFAA

by Adrian Suljanovic • 11 Apr 2024
The association has called for brokers to be able to act on a client’s behalf during the home loan discharge and... READ MORE

Is mortgage protection ‘junk’ insurance?

by Annie Kane • 11 Apr 2024
Members of the industry have hit back at the mortgage protection insurance class action, suggesting it has a valuable... READ MORE

Adam Croucher joins Pepper Money

by Annie Kane • 10 Apr 2024

Industry veteran and CBA’s former GM for third-party banking, Adam Croucher, has joined Pepper Money.

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NAB announces executive team changes

by Adrian Suljanovic • 10 Apr 2024

The major bank has made new appointments to its executive leadership team.

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Lendi Group revamps leadership structure, announces new hires

by Annie Kane • 10 Apr 2024
A new leadership structure has been announced at the major brokerage, with a new CFO appointed alongside several new... READ MORE

Repricing volumes expected to outpace refinancing: Sherlok

by Adrian Suljanovic • 10 Apr 2024

The AI tech provider has encouraged brokers to look towards repricing before refinancing.

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MA Money appoints new state manager for NSW/Qld

by Charlotte Humphrys • 10 Apr 2024

A new state manager for NSW and Queensland has been appointed at the non-bank lender.

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