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Breaking News
Why Victorian home buyers will be worse off under Help to Buy
by Sebastian Holloman • 21 Nov 2024
Nearly 30 per cent of Victorians currently eligible for the state’s Homebuyer Fund would no longer qualify for the...
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2 major banks take stake in CitoPlus
by Annie Kane • 20 Nov 2024
The venture arms of two major banks have both invested in minority stakes in the commercial technology platform for...
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Majority of SMEs preparing to take out a loan
by Annie Kane • 20 Nov 2024
Brokers will likely be busy in the coming months as more small businesses look to take out finance, according to new...
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Resimac appoints new chair, new CEO appointment ‘imminent’
by Annie Kane • 20 Nov 2024
A new chair has been appointed at the non-bank lender with immediate effect, with a CEO announcement expected to be...
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LMG partners with CoreLogic for property insights
by Reporter • 20 Nov 2024
The major aggregator has partnered with CoreLogic to embed its PropertyHub lender valuations and property reports into...
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Finder acquires Grow My Money
by Annie Kane • 20 Nov 2024
The loan comparison website has acquired the home loan and superannuation cashback platform.
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Bankwest confirms personal loans exit
by Ben Squires • 19 Nov 2024
The CBA-owned lender has confirmed it will no longer offer personal loan products.
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Another major partners with CitoPlus
by Ben Squires • 19 Nov 2024
The new partnership will allow brokers to submit digital loan applications for SME customers.
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Resimac launches new asset finance offering
by Ben Squires • 19 Nov 2024
The non-bank has launched a new asset finance offering to better support brokers and their commercial clients.
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ASIC sues major lender
by Ben Squires • 18 Nov 2024
The corporate regulator has commenced proceedings against a big four bank.
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Major bank moves rate call
by Ben Squires • 18 Nov 2024
The big four bank has broken from the pack in revising its rate cut forecast.
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Average home loan size up more than 10% YOY
by Ben Squires • 18 Nov 2024
The average size of a home loan rose across every state and territory during the September quarter.
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Winners unveiled for Women in Finance Awards 2024
by Reporter • 15 Nov 2024
The Adviser and principal partner Mortgage Choice are proud to announce the 30 winners of the Women in Finance Awards...
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ASIC to target lenders trying to avoid NCCP
by Annie Kane • 15 Nov 2024
Business models designed to avoid consumer credit protections and used car finance will be enforcement priorities for...
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Connective accelerates asset finance process with new integration
by Annie Kane • 15 Nov 2024
Asset finance brokers with the major aggregator can now manage the entire asset finance loan process within a single...
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Hot Property: The biggest property headlines from the week 11–15...
by Reporter • 15 Nov 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 15...
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0.1% of financial complaints about mortgage broking: AFCA Datacube
by Annie Kane • 14 Nov 2024
Mortgage broker complaints made up just 0.1 per cent of financial complaints in the financial year 2024, according to...
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New commercial finance broking qualification launched
by Annie Kane • 14 Nov 2024
A new qualification for commercial finance broking has been developed by the FBAA in collaboration with the CFMIA,...
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How will the new CDR changes benefit brokers?
by Annie Kane • 14 Nov 2024
With the government having updated Consumer Data Right rules, members of the industry have revealed how the changes...
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Online brokerage partners with Quickli
by Annie Kane • 14 Nov 2024
Online mortgage brokerage Finspo has become the latest broking group to integrate the serviceability and policy engine...
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Major aggregator launches enhanced broker platform
by Annie Kane • 13 Nov 2024
Around 4,000 brokers will now be able to access an enhanced BrokerEngine platform that can directly lodge applications...
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Government announces open banking changes
by Annie Kane • 13 Nov 2024
The government has revealed a set of changes to improve the Consumer Data Right and boost consumer take-up.
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ING set to launch new green loan offering
by Annie Kane • 13 Nov 2024
Non-major bank ING is rolling out a Home Energy Helper offering and a Green Upgrade Loan from next month.
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Business confidence rises to highest level since early 2023: NAB
by Ben Squires • 13 Nov 2024
The major bank’s monthly survey points to pockets of resilience throughout the economy amid easing price and cost...
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Bridgit expands securitisation facility
by Annie Kane • 13 Nov 2024
The bridging loan provider has seen its securitisation facility increase to $250 million, enabling it to support $1...
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