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Breaking News
People First sees 16% increase in broker flows
by Annie Kane • 9 Oct 2024
In its first full financial results post-merger, People First has revealed that brokers wrote two-thirds of its...
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Clearance rate nosedives across the capitals
by Sebastian Holloman • 9 Oct 2024
Despite a slight increase in auction volumes compared to the previous week, the clearance rate hit a two-year low last...
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Major aggregator launches asset finance exchange
by Annie Kane • 8 Oct 2024
LMG has launched a new marketplace that connects mortgage brokers and other finance professionals with asset finance...
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ORDE Financial appoints 3 state managers
by Annie Kane • 8 Oct 2024
The non-bank lender has promoted three senior members of its distribution team to be its inaugural state managers.
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Metro Finance raises $600m in ABS transaction
by Ben Squires • 8 Oct 2024
The non-bank lender’s latest asset-backed security transaction has reportedly seen strong demand from first-time...
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Major bank sets out cyber advice for brokers
by Ben Squires • 8 Oct 2024
The big four bank has shared several best practice tips to help brokers protect their businesses and clients.
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Solomons Capital appoints new director
by Ben Squires • 7 Oct 2024
The new director will oversee credit risk strategy, lending operations, and compliance frameworks at the private...
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ANZ settles car loan class action for $85m
by Annie Kane • 4 Oct 2024
The big four bank has agreed to settle its Esanda class action brought against it in 2020 for $85 million.
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Brokers respond to Senate home ownership inquiry
by Reporter • 4 Oct 2024
Several brokerages have answered senator Andrew Bragg’s call for recommendations to improve home ownership and...
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Help to Buy legislation set for parliamentary return
by Juliet Helmke • 4 Oct 2024
The Help to Buy legislation is set to be reintroduced to Parliament next week, raising the prospects of a double...
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Hot Property: The biggest property headlines from the week 30...
by Reporter • 4 Oct 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 4...
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Resimac buys car loan book from major bank
by Annie Kane • 3 Oct 2024
A transaction valued up to $1.6 billion is being undertaken by the non-bank to acquire a car loan receivables and...
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James Symond reflects on the evolution of broking
by Annie Kane • 3 Oct 2024
The former Aussie CEO has highlighted how important broking is for competition, but said that success in this industry...
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MA Money bolsters broker support team
by Annie Kane • 3 Oct 2024
The non-bank lender has appointed a new national sales manager and appointed three new BDMs as it strengthens its...
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MFAA sets out 8 recommendations to Senate home ownership inquiry
by Annie Kane • 2 Oct 2024
The industry association has suggested government change financial regulation, simplify home ownership schemes,...
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LMG announces CEO changes
by Annie Kane • 2 Oct 2024
One of Australia’s largest aggregators has shaken up its leadership structure, with two new CEO positions being...
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Experian completes $820m acquisition of illion
by Ben Squires • 2 Oct 2024
The merger of two major credit reporting services has completed, after the ACCC green-lit the move in August.
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How to cultivate strategic alliances in the workplace
by Malavika Santhebennur • 2 Oct 2024
A financial adviser has outlined how forming relationships in the workplace could help women progress in their...
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Government extends responsible lending exemption for SME finance
by Annie Kane • 1 Oct 2024
The Albanese government has extended the RLO exemption for business finance for another two years.
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New head of broker appointed at Suncorp
by Annie Kane • 1 Oct 2024
Suncorp Bank – now part of the ANZ Group – today welcomed a new head of broker partnerships.
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Brokers help drive growth for Great Southern Bank
by Annie Kane • 1 Oct 2024
The mutual lender has revealed that growing broker flows helped it deliver strong settlement growth in the financial...
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Submissions open for Top 25 Brokerages 2025
by Reporter • 1 Oct 2024
The Adviser is calling for submissions from brokerages across Australia for the Top 25 Brokerages 2025.
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Simplicity appoints senior sales director in Qld
by Reporter • 1 Oct 2024
The commercial brokerage is set to welcome a former Thinktank sales executive to its team as a senior sales director in...
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Non-majors targeting origination and assessment tech
by Annie Kane • 30 Sep 2024
ANALYSIS Brokers will soon experience faster and more consistent turnarounds from the non-major banks, as a tidal wave...
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Household credit demand hits new record
by Annie Kane • 30 Sep 2024
A record $57.5 billion of credit was borrowed by households in the June quarter, new statistics from the ABS have...
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