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Breaking News
RedZed adopts ApplyOnline
by Annie Kane • 13 Nov 2024
Brokers will be able to lodge mortgages electronically via ApplyOnline® from next Wednesday, following a new...
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‘Any bank that turns away from the broker channel will regret...
by Annie Kane • 12 Nov 2024
The FBAA MD has suggested brokers cast their net wide with lender choices, after several banks announced a new focus on...
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Housing is a major election issue for almost 9 in 10 Australians
by Ben Squires • 12 Nov 2024
Housing will be one of the big issues on voters’ minds in the run-up to the next federal election, according to new...
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YBR Group appoints new leader to grow franchise network
by Annie Kane • 12 Nov 2024
The aggregation group has appointed a new head of network performance and franchising to build the corporate branch and...
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How to foster diversity and inclusion in the workplace
by Malavika Santhebennur • 12 Nov 2024
Organisations must go beyond recruiting a diverse workforce and embed a culture of inclusion to reap the benefits,...
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ANZ unpacks why broking is a less profitable channel
by Annie Kane • 11 Nov 2024
The group executive for retail banking at ANZ has revealed the key drivers that make broking a less profitable channel...
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Metricon chooses Victorian brokerage for national partnership
by Annie Kane • 11 Nov 2024
The home construction company has selected Mortgage Domayne as its exclusive partner to provide broking services to...
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Connective welcomes new state manager for SA
by Annie Kane • 11 Nov 2024
A new state manager has been appointed at Connective for South Australian brokers, following the departure of...
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ANZ broker flows hit new record high
by Annie Kane • 8 Nov 2024
The broker channel is writing nearly two-thirds of the major bank’s new mortgage business in Australia, according to...
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Brokers surprised at NAB proprietary move
by Annie Kane • 8 Nov 2024
Mortgage brokers have voiced surprise and dismay at the major bank’s move to focus on home lending growth through the...
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LMG launches new lending line
by Annie Kane • 8 Nov 2024
LMG has launched a new suite of digital-first mortgages for its brokers, built in partnership with Athena Home Loans...
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Non-bank launches trail book loan for brokers
by Annie Kane • 8 Nov 2024
A new loan product has been launched by the non-bank to help brokers leverage their trail book income to fund business...
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Hot Property: The biggest property headlines from the week 4–8...
by Reporter • 8 Nov 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 8...
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NAB shifts focus to increase proprietary lending
by Annie Kane • 7 Nov 2024
The major bank has announced a greater focus on proprietary lending to improve shareholder returns and will be...
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NSW government must change payroll tax law: MFAA
by Annie Kane • 7 Nov 2024
The broking association has urged the NSW government to change payroll tax law to make it more transparent.
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Winners unveiled for Australian AI Awards 2024
by Reporter • 6 Nov 2024
Over 20 winners, including those from the broking industry, have been announced at Momentum Media’s brand-new...
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Non-major bank announces second bank acquisition
by Ben Squires • 6 Nov 2024
A non-major bank has announced it will acquire a customer-owned lender, the second such acquisition in a year.
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Final orders handed down in Loan Market payroll tax case
by Annie Kane • 6 Nov 2024
The aggregator’s protracted payroll tax case has reached a conclusion, with final orders being handed down.
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Resimac’s Rodney Cottam runs 560km in 7 days
by Annie Kane • 6 Nov 2024
Resimac’s regional sales manager has completed a 560-kilometre run in seven days, pushing his limits and raising...
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Transparent promotion frameworks vital in financial services
by Malavika Santhebennur • 6 Nov 2024
A global investment management firm executive has called for standardised promotion policies to close the “gendered...
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Bizcap expands into Singapore
by Annie Kane • 6 Nov 2024
The SME lender has welcomed Joseph Lim as its new managing partner for Asia as it prepares to open its doors in...
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RBA still sees ‘upside risks’ and ‘not ruling anything in or...
by Annie Kane • 5 Nov 2024
It’s been a year since the cash rate last moved, and while inflation is falling, the central bank has warned it still...
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RBA unlikely to cut the cash rate this year, say economists
by Annie Kane • 5 Nov 2024
The market expects the central bank to hold the cash rate today, despite inflation being within the RBA’s target...
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Westpac reveals increase in broker flows
by Ben Squires • 5 Nov 2024
The major has once again reported growth in the proportion of loans coming from the third-party channel.
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AMP appoints first director for new digital bank
by Annie Kane • 5 Nov 2024
The bank has hired a leader for its new digital banking division, which will officially launch next year.
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