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Breaking News
Brokers will ‘absolutely be the predominant channel’ if MyState...
by Annie Kane • 19 Aug 2024
The third-party channel will continue to be the channel of choice for MyState/Auswide if their newly announced merger...
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Why it’s ‘premature’ to be thinking about rate cuts
by Annie Kane • 19 Aug 2024
The RBA governor has reaffirmed that it is ‘premature to be thinking about rate cuts’, telling the standing...
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Arrears start to rise at major banks
by Ben Squires • 19 Aug 2024
The home loan arrears rates are increasing at the major banks, as high interest rates and cost-of-living pressures...
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Aggregator bolsters Victorian team ahead of expansion
by Annie Kane • 19 Aug 2024
The former head of sales at a commercial fintech has joined Viking Aggregation as its new regional manager, residential...
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Industry bodies set out wish list for Senate home ownership inquiry
by Annie Kane • 16 Aug 2024
Reducing deposit sizes and re-examining stamp duty should form part of the Senate’s new home lending inquiry,...
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Mortgage holders spending more than renters: CBA
by Ben Squires • 16 Aug 2024
Despite having larger financial obligations, mortgagors are spending more on discretionary items than renters,...
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ATO zeroes in on business debt collection for FY24–25
by Christine Chen • 16 Aug 2024
The Tax Office has said it will intervene earlier and use firmer actions to ensure businesses meet tax obligations this...
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New Senate inquiry to delve into home lending
by Annie Kane • 15 Aug 2024
A new inquiry into how lending and financial regulation is impacting home ownership is set to be undertaken by the...
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Two-thirds of CBA home loans originated through direct channel
by Annie Kane • 15 Aug 2024
Australia’s largest lender continues to see broker flows drop, with its proprietary channel now writing around 66 per...
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1 in 3 borrowers need multiple pre-approvals
by Annie Kane • 15 Aug 2024
A third of borrowers are needing to secure multiple pre-approvals as they cannot find the right property in time,...
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Finsure bolsters asset finance support team
by Reporter • 15 Aug 2024
The aggregator has increased its support for brokers writing asset finance, welcoming a new business development...
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Parliament pushed to make build-to-rent changes
by Ben Squires • 15 Aug 2024
Proposed amendments to BTR legislation could help deliver more than 105,000 homes to national supply, according to an...
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Prospa acquired by Salter Brothers consortium
by Adrian Suljanovic • 14 Aug 2024
The SME lender has announced the acquisition by a consortium led by the Salter Brothers Tech Fund has been...
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Brokerage goes extra mile to help those in need
by Ben Squires • 14 Aug 2024
Aussie is partnering with the PREPD Adelaide Marathon Festival to raise funds for OzHarvest.
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Buyer sentiment up as interest rates stabilise
by Adrian Suljanovic • 14 Aug 2024
Mortgage Choice’s latest report has found increased levels of consumer optimism compared to the previous observed...
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SME lender joins LMG panel
by Adrian Suljanovic • 14 Aug 2024
The aggregator has announced that Lumi has joined its lending panel.
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How women can harness ‘personal power’ in leadership
by Malavika Santhebennur • 13 Aug 2024
Former federal MP Julia Banks insists that all women can use their personal power to advocate a more inclusive...
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Co-operty and Effi enter strategic partnership
by Adrian Suljanovic • 13 Aug 2024
The two tech companies have announced a new partnership to “help co-owners find the right mortgage and brokers write...
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Deposit Power announces new head of sales
by Adrian Suljanovic • 13 Aug 2024
The deposit bond provider has announced the appointment of Nick Rumpff as its new head of sales and distribution.
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Broking association responds to government’s CDR move
by Adrian Suljanovic • 12 Aug 2024
The head of the MFAA has welcomed the government’s announcement on resetting the CDR regime.
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CDR to be reset
by Adrian Suljanovic • 12 Aug 2024
The Albanese government has announced plans to build a CDR framework to “better serve consumers”.
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Loan Market highlights broker lodgement growth
by Adrian Suljanovic • 12 Aug 2024
Loan Market’s brokers have doubled the industry average in lodgements, the business has revealed.
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FBAA welcomes lender’s clawback move
by Adrian Suljanovic • 12 Aug 2024
The association’s head has applauded a mortgage lender’s announcement to reduce clawbacks.
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Internal refinancing increases YOY
by Jack Campbell • 12 Aug 2024
With interest rates at 12-year highs, many are easing the pressure through refinancing their mortgage. Studies have...
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Mortgage interest charges on employee households beginning to ease
by Adrian Suljanovic • 9 Aug 2024
Mortgage interest charges have continued to impact employee household spending; however, some moderation is on the...
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