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Breaking News
Brighten appoints new head of commercial lending
by Ben Squires • 11 Oct 2024
The non-bank has announced a new appointment as part of its continued expansion into the commercial space.
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Hot Property: The biggest property headlines from the week 7–11...
by Annie Kane • 11 Oct 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 11...
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NextGen expands ApplyOnline to personal loans
by Ben Squires • 10 Oct 2024
The loan origination and processing platform’s functionality has been expanded to a broader range of financial...
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Major bank enhances self-employed policy
by Annie Kane • 10 Oct 2024
Australia’s largest lender has rolled out a new income verification method that assesses eligible self-employed...
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Connective urges industry to help elevate women in broking
by Reporter • 10 Oct 2024
The major aggregator is calling on the industry to be proactive in building strong communities for women.
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Help to Buy scheme reintroduced to Parliament
by Ben Squires • 10 Oct 2024
The shared equity housing bill has been reintroduced to the lower house in the hopes of passing, but the Greens are...
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MA Money prints $500m RMBS
by Reporter • 10 Oct 2024
The non-bank lender has printed its second $500 million RMBS public term issuance to help bolster future growth.
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Increase stamp duty concessions and decrease buffers, FBAA tells...
by Annie Kane • 9 Oct 2024
Stamp duty should be amended, LMI should be waived for FHBs, and buffers should be reduced, the FBAA has told the home...
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Peak bodies join payroll tax fight
by Ben Squires • 9 Oct 2024
Industry advocates have met with the NSW government to highlight the threat payroll tax poses to small broking...
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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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