Breaking News
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
Greens confirm pledge to force big banks to slash mortgage rates
by Will Paige • 30 Apr 2025
As campaigning enters its final few days, the Green Party has reiterated its vow to cap bank profits and lower mortgage... 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... 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... 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
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 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... READ MORE
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 MOREBanjo 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
‘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... 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... READ MORE
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
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 MOREBrokers 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... 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
Tax breaks ‘unlikely to shift the dial’ for first home buyers:...
by Ben Squires • 17 Apr 2025
The aggregator and brokerage group has suggested that the Coalition’s signature policy for first home buyers will do... READ MORE
Connective welcomes more lenders to its panel
by Ben Squires • 17 Apr 2025
The aggregator has bolstered its lender panel with fresh additions in response to market conditions and growing... READ MORE
Business lender found guilty of unlicensed credit activity
by Annie Kane • 16 Apr 2025
A non-bank business lender and loan introducer have both been found guilty of engaging in unlicensed credit... READ MORE
Westpac denies it ignored suspected RAMS home loan fraud
by Naomi Neilson and Annie Kane • 16 Apr 2025
The major bank has said that it acted appropriately in response to allegations that some of its RAMS franchises were... READ MORE

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