Breaking News
Resimac adds new member to NZ underwriting team
by Reporter • 27 May 2019
The non-bank lender has appointed a new staff member to the newly created role of senior underwriter in New...READ MORE
Brokers buoyed by shift in mortgage landscape
by Charbel Kadib • 24 May 2019
Political and regulatory developments are conspiring in favour of the broking industry, with a rise in sentiment... READ MORE
Westpac amends residential lending policy
by Charbel Kadib • 24 May 2019
The major bank and its subsidiaries have made changes to their residential lending policies, including tighter... READ MORE
Lack of home ownership disadvantaging Gen Y SMEs
by Reporter • 24 May 2019
The low level of home ownership among younger age groups has played a role in business loans being rejected, the chief... READ MORE
BNK’s loan book grows past $200m
by Ezekiel MacNevin • 24 May 2019
The rebranded publicly listed bank has announced surpassing $200 million in loans since inception.
READ MORENew credit card rules will impact brokers, says lawyer
by Annie Kane • 23 May 2019
Brokers should be applying new credit card assessment rules to their loan applications, the solicitor director of The... READ MORE
Why brokers should be building value outside of trail
by Annie Kane • 23 May 2019
While the federal election result has granted a reprieve for the conversation around trail commission, brokers should... READ MORE
Commissions to stay but change is ‘constant’
by Charbel Kadib • 23 May 2019
The Coalition’s surprise victory may have reinstalled certainty over broker remuneration, but change is... READ MORE
Financial industry must be inclusive: ASIC
by Reporter • 23 May 2019
ASIC chair James Shipton has called for financial institutions to make the industry more inclusive to all parts of the... READ MORE
More people could access mortgages under proposed APRA changes
by Annie Kane • 22 May 2019
APRA’s newly announced proposal to allow banks to set their own serviceability floors when assessing residential... READ MORE
Arrears movements remain ‘mixed’ across Australia
by Tas Bindi • 22 May 2019
Movements in prime mortgage arrears were mixed across Australia, with the ACT the only region to record a fall in... READ MORE
Coalition urged to deliver on pre-election SME commitments
by Reporter • 22 May 2019
Australia’s small business ombudsman is reminding the re-elected Coalition government to “follow through” on the... READ MORE
Pepper Money extends reach in New Zealand
by Ezekiel MacNevin • 22 May 2019
Astute NZ has signed a white-label agreement with non-bank lender Pepper Money to offer a range of eight mortgage... READ MORE
‘Now is not the time to rest on our laurels,’ say association...
by Annie Kane • 21 May 2019
The leaders of the MFAA and FBAA have both welcomed the Coalition government’s re-election to power, but said that... READ MORE
Aggregator heads welcome election result, set sights on the future
by Annie Kane • 21 May 2019
Several leading representatives of the aggregation and broking groups have welcomed the outcome of the federal... READ MORE
Boutique aggregator appoints new head
by Charbel Kadib • 21 May 2019
A mortgage aggregator based in NSW has announced the appointment of a new head, who has committed to delivering a new... READ MORE
SME lender eyes growth after raising $8m
by Reporter • 21 May 2019
Non-bank lender Lumi has successfully completed an $8-million funding round to support its growth ambitions in the... READ MORE
Lenders put fixed rates on cutting board as demand slows
by Tas Bindi • 20 May 2019
More lenders have joined the fixed rate cut party amid declining demand.
READ MORENAB reduces revenue threshold for QuickBiz loans
by Reporter • 20 May 2019
The major bank has reduced the minimum annual turnover limit for QuickBiz applications to make loans and overdrafts... READ MORE
Election 2019: What it means for brokers
by Annie Kane • 18 May 2019
The results of the federal election are in – but what does it mean for the broking industry? We unpack the key policy... READ MORE
YBR overhauls company, CEO to step down
by Annie Kane • 17 May 2019
Yellow Brick Road Holdings Limited has announced that it will create a “much simpler business” by disposing of its... READ MORE
Election Eve: Voters to determine the future of broker rem
by Charbel Kadib • 17 May 2019
The trajectory of broker remuneration reform is set to be determined tomorrow when voters take to the polls, with... READ MORE
Resimac introduces building cladding restrictions
by Tas Bindi • 17 May 2019
The non-bank lender has announced that a unit or apartment in buildings with non-compliant cladding will not be... READ MORE
ASIC consults on new complaints-handling rules
by Tas Bindi • 17 May 2019
The corporate regulator is seeking feedback on its newly proposed internal dispute resolution rules on how financial... READ MORE
Prospa confirms IPO, expects to list next month
by Annie Kane • 16 May 2019
Online SME lender Prospa has officially announced its initial public offering and said it expects to list on the ASX... READ MORE
Leading brokers urge peers to take action
by Annie Kane • 16 May 2019
ALIC’s Mark Davis and 1st Street’s Jeremy Fisher are among the leading brokers urging the industry to “fight for... READ MORE
Flurry of fixed rate cuts continues
by Reporter • 16 May 2019
Three banks have joined the fixed rate cutting trend as wholesale funding cost pressures ease.
READ MOREBOQ launches digital platform to improve turnaround times
by Reporter • 16 May 2019
The regional bank has expanded its service offering for mortgage brokers in a bid to improve turnaround times and... READ MORE
All brokers should ‘look into’ wealth advice, suggests broker
by Annie Kane • 16 May 2019
A leading Queensland-based broker has become a licensed wealth adviser and launched a financial planning service to his... READ MORE
Major bank broker flows diverge
by Charbel Kadib • 15 May 2019
The major banks have reported mixed results regarding the share of home loans originated through the broker... READ MORE

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