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Senator Bragg unpacks housing inquiry reforms to brokers

by Will Paige • 4 Dec 2024
In a meeting with brokers, senator Andrew Bragg has defended the housing inquiry recommendations while acknowledging... READ MORE

National median dwelling price hits $800k

by Emilie Lauer • 4 Dec 2024
Australian dwelling prices have hit a new record in November across the country, reaching a median home price of... READ MORE

Dwelling approvals hit 22-month high

by Will Paige • 4 Dec 2024
The total number of dwellings approved rose 4.2 per cent month over month in October to reach an almost two-year high. READ MORE

Neither LMG nor Revenue NSW will appeal payroll tax orders

by Annie Kane • 3 Dec 2024
The major aggregator has confirmed that the final orders of its payroll tax court case against Revenue NSW will not go... READ MORE

Brokers writing record 74.6% of home loans

by Annie Kane • 3 Dec 2024
Brokers wrote more than 74 per cent of all mortgages in the September quarter, according to new figures. READ MORE

Bankwest recruits new state manager Victoria/Tasmania

by Will Paige • 3 Dec 2024
The non-major bank has appointed a new state manager of Victoria and Tasmania for the third-party channel. READ MORE

Bank merger delayed

by Annie Kane • 2 Dec 2024
The vote on the proposed merger between two non-major banks has been postponed to 2025, following delays to necessary... READ MORE

RBA to have 2 boards from March

by Annie Kane • 2 Dec 2024
Australia’s central bank will have a monetary policy board and a governance board from March 2025, as the RBA... READ MORE

Resimac appoints new CEO

by Ben Squires • 2 Dec 2024
Resimac has announced the appointment of a new CEO who will focus on “achieving sustainable growth and improving... READ MORE

Industry applauds home ownership inquiry recommendations

by Ben Squires • 2 Dec 2024
Members of the broking industry have welcomed the final report from the Senate’s home ownership inquiry. READ MORE

Third major bank moves rate call

by Will Paige • 2 Dec 2024
Three of the big four banks have now revised their forecasts for when the central bank will start cutting the official... READ MORE

WLTH hires new distribution operations manager

by Will Paige • 2 Dec 2024
The digital lender has poached the new recruit from Yellow Brick Road, where he has worked since 2016. READ MORE

AFG now fully owns Fintelligence

by Annie Kane • 29 Nov 2024
The major aggregator has completed the total acquisition of the asset finance aggregator, as it continues to build its... READ MORE

70% of female business leaders struggle to obtain funding

by Imogen Wilson • 29 Nov 2024
Women leading small businesses are finding it harder to access funding compared to men, a new Westpac study has... READ MORE

Hot Property: The biggest property headlines from the week 25–29...

by Reporter • 29 Nov 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 29... READ MORE

Banjo enhances asset finance offering

by Ben Squires • 29 Nov 2024
The non-bank lender has announced changes to its asset finance offering after feedback from finance brokers. READ MORE

Winners revealed for Commercial Finance Awards 2024

by Arabella Walton • 28 Nov 2024
A total of 20 winners have been announced for the inaugural Commercial Finance Awards, hosted with the support of... READ MORE

Senate inquiry recommends reducing 3% serviceability buffer

by Ben Squires • 28 Nov 2024
The final report from the Senate’s housing inquiry has detailed a range of recommendations including reducing the... READ MORE

AFG to acquire equity stakes in broker businesses

by Annie Kane • 28 Nov 2024
The major aggregator will move to acquire non-controlling equity stakes across its network of mortgage broking... READ MORE

APRA slammed for ‘nonsensical’ decision to retain 3% buffer

by Will Paige • 28 Nov 2024
The FBAA has called for government intervention over APRA’s “nonsensical” decision to keep the serviceability... READ MORE

outsource Financial makes 2 senior leadership changes

by Will Paige • 28 Nov 2024
The aggregation group has welcomed two new members to its senior leadership team. READ MORE

Finsure confims ‘cyber incident’ impacting customers and brokers

by Annie Kane and David Hollingworth • 27 Nov 2024
The aggregator has confirmed the incident after “almost 300,000 unique” Finsure emails were added to the data leak... READ MORE

‘Help to Buy’ bill passes through Parliament

by Reporter • 27 Nov 2024
After months of delays and uncertainty, the Labor government’s shared equity scheme has successfully passed through... READ MORE

New rules on expanding CDR to non-banks released

by Annie Kane • 27 Nov 2024
Updated rules for expanding the Consumer Data Right to non-bank lending have been released for consultation by the... READ MORE

Suncorp Bank’s new head of broker unveils his top priorities

by Annie Kane • 27 Nov 2024
EXCLUSIVE In his first media interview since becoming the head of broker partnerships at Suncorp Bank, Paul Brick has... READ MORE