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Breaking News
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...
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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...
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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.
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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...
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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.
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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.
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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...
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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...
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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...
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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.
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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...
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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.
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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...
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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...
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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...
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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.
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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...
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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...
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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...
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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...
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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.
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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...
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‘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...
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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...
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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...
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