Breaking News

Slow CSLR claims result in levy underspend

by Annie Kane • 27 May 2025
Longer-than-anticipated claims to the Compensation Scheme of Last Resort will result in an underspend for the financial... READ MORE
Adeal Rizvi and Blake Buchanan

Rentvesting appeal rises as first home buyers feel affordability...
by Will Paige • 27 May 2025
More first home buyers are turning to ‘rentvesting’ to get onto the property ladder, with members of industry... READ MORE
AFG Home and Commercial Loans sales team

AFG Home and Commercial Loans overhauls sales structure, makes...
by Will Paige • 27 May 2025
The aggregator’s lending arm is restructuring its sales management team and promoting two people into new leadership... READ MORE

Finsure launches short-term commercial white label loan

by Annie Kane • 27 May 2025
The major aggregator has added a short-term commercial loan to its white label offering, becoming the fifth product in... READ MORE

How to set your brokerage up for success
by Arabella Walton • 27 May 2025
Ahead of his session at the New Broker Academy, The Successful Adviser founder outlines how new brokers can build... READ MORE
AI

AI use in finance set to double within 3 years

by Will Paige • 26 May 2025
An expected surge in the use of generative AI in the finance industry could have major implications for brokers. READ MORE
Richard Fennell - Bendigo

Bendigo Bank maintains strong residential lending growth
by Will Paige • 26 May 2025
A continued focus on its mortgage offering has helped Bendigo sustain residential lending growth. READ MORE

Housing policy now under single portfolio
by Ben Squires • 26 May 2025
Several key housing policy functions have been reallocated and now fall under a single portfolio within the federal... READ MORE
Julian Biggins - MA Financial

MA Financial agrees to $90m deal for property manager
by Will Paige • 26 May 2025
The $90 million takeover is expected to grow MA Financial’s AUM to $12 billion. READ MORE
Housing crisis

Housing crisis deepens amid affordability woes and supply shortfall
by Will Paige • 23 May 2025
Sluggish new house supply has exacerbated affordability problems for prospective home buyers. READ MORE
NSW floods

Banks step up support for NSW flood victims
by Will Paige • 23 May 2025
Lenders are providing emergency assistance to customers and businesses as fears grow that floods could worsen in parts... READ MORE

Hot Property: The biggest property headlines from the week 19–23 May
by Ben Squires • 23 May 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 23... READ MORE

Teachers Mutual and Australian Mutual boards endorse proposed merger
by Annie Kane • 22 May 2025
With due diligence having been completed on another mutual merger, both boards are now recommending that the deal... READ MORE

Brokers aren’t the mortgage cost problem, says industry
by Annie Kane • 22 May 2025
Aggregator heads have slammed a column in The Australian Financial Review for suggesting that cutting out brokers would... READ MORE
Plenti CEO Adam Bennett

Plenti portfolio grows by a fifth after originations surge
by Will Paige • 22 May 2025
Growth across all lending verticals drove a 19 per cent jump in Plenti’s loan portfolio in the financial year ending... READ MORE
LMG, Funding and N1

LMG adds 2 lenders to commercial panel

by Will Paige • 22 May 2025
Specialist lenders Funding and N1 Holdings have joined LMG’s commercial lending panel as the aggregator continues its... READ MORE
Resimac and ASIC

ASIC sues Resimac over customer hardship failings
by Will Paige • 21 May 2025
The regulator has claimed Resimac adopted a one-size-fits-all approach to hardship applications that was... READ MORE

Banning LRBAs not on government agenda: Treasurer
by Keeli Cambourne • 21 May 2025
Treasurer Jim Chalmers has said the government is not “considering” banning LRBAs in SMSFs, despite the Greens’... READ MORE
CommBank

CBA acts to speed up asset finance options
by Will Paige • 21 May 2025
The major has made a host of changes to its asset finance offering, including for brokers, as it works to reduce the... READ MORE
Commercial property

Lenders remain bullish on commercial real estate

by Will Paige • 21 May 2025
Demand for commercial mortgages has remained relatively unchanged over the past year despite intensifying global... READ MORE

Rate cut renews borrower and broker optimism
by Annie Kane • 20 May 2025
The broking industry has welcomed the latest rate drop, particularly as several lenders have moved quickly to confirm... READ MORE
RBA

RBA cuts cash rate below 4% for first time in 2 years
by Will Paige • 20 May 2025
The cash rate will drop below 4 per cent for the first time in two years as the central bank continues its rate-easing... READ MORE
Reserve Bank of Australia (RBA)

Market widely expects 25-bp rate cut today
by Will Paige • 20 May 2025
There is near-unanimous agreement that the RBA will reduce the cash rate today, but longer-term forecasts are being... READ MORE
Refinancing

February rate cut triggers refinancing flurry
by Will Paige • 20 May 2025
Refinancing surged in March and April as the rate-easing cycle prompted mortgage holders to seek out more competitive... READ MORE
AFCA

AFCA moves to expand oversight to bank scams
by Will Paige • 20 May 2025
If proposed changes are approved, receiving banks will fall within AFCA’s jurisdiction when it assesses complaints... READ MORE