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Breaking News
Broker volumes exceed $100bn for the first time
by Annie Kane • 9 Sep 2024
The third-party channel wrote more than $100 billion in mortgages in the June quarter, a record amount, with market...
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Westpac announces new CEO
by Annie Kane • 9 Sep 2024
The big four bank has announced it will welcome a new group CEO and MD in December, when its current leader steps down...
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Broker lodges petition to cancel clawbacks, get refunds
by Annie Kane • 9 Sep 2024
A petition has been lodged by a broker calling on Parliament to not only cancel clawback, but also refund any that have...
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Loan Market payroll tax judgment delayed
by Annie Kane • 6 Sep 2024
The judgment for Loan Market’s payroll tax case has been reserved, with final orders to be handed down in due...
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NAB changes clawback policy
by Annie Kane • 6 Sep 2024
A new clawback structure is now in place at the major bank to “better align” its products in market.
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NAB expands commercial broker leadership team
by Reporter • 6 Sep 2024
The big four bank has welcomed new appointments to its commercial broker leadership team and broker support team.
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Hot Property: The biggest property headlines from week 2–6...
by Reporter • 6 Sep 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 6...
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Rate Money opens Qld footprint
by Reporter • 6 Sep 2024
The mortgage manager has opened its first branches in Queensland, with three new franchises opening.
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Benji Marshall and Brett Kimmorley share leadership tips with brokers
by Reporter • 6 Sep 2024
Rugby league legends Benji Marshall and Brett Kimmorley shared leadership and life advice with brokers at an exclusive...
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‘Higher mortgage interest costs’ slowing spending: Chalmers
by Annie Kane • 5 Sep 2024
As new GDP figures show the economy barely grew in the June quarter, the federal Treasurer flagged that consumer...
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Connective brokers settled record volume in FY24
by Annie Kane • 5 Sep 2024
Brokers aggregating under Connective settled a record $98.5 billion in the financial year 2024, with commercial lending...
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Bridgit doubles BDM team following rapid growth
by Reporter • 5 Sep 2024
Three new business development managers have been appointed to support brokers, as the non-bank sees a 375 per cent...
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Thinktank strengthens team with new regional sales executive
by Ben Squires • 5 Sep 2024
The appointment follows moves to help the non-bank better serve its broker partners.
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How the Ella Baché CEO built a business empire
by Malavika Santhebennur • 5 Sep 2024
Ahead of her keynote address at the Women in Finance Summit 2024, Ella Baché CEO Pippa Hallas reveals the secrets to...
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Serviceability pressures easing for refinancers, say brokers
by Annie Kane • 4 Sep 2024
While serviceability continues to be the main barrier for refinancing, brokers have flagged that reduced buffers are...
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COG financed record volumes in FY24
by Annie Kane • 4 Sep 2024
Australia’s largest asset finance aggregation group achieved record volumes in the financial year 2024 as a result of...
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Home lending competition ramps up
by Annie Kane • 4 Sep 2024
ANALYSIS It’s just two months into the financial year 2025 and there are already signs that this year will be a hot...
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Payment disputes heap pressure on small businesses
by Ben Squires • 4 Sep 2024
A rise in the number of payment disputes could indicate broader cash flow problems, according to an industry advocate.
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Banks benefit as pricing grows in importance for brokers
by Reporter • 3 Sep 2024
The latest Broker Pulse Residential Lending survey shows product pricing is an increasingly important factor for...
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Apartment surge drives approval growth
by Annie Kane • 3 Sep 2024
The total number of dwelling approvals rose 10.4 per cent in July, largely driven by an increase in approvals for...
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outsource Financial featured in landmark publication
by Ben Squires • 3 Sep 2024
The aggregator has featured in a new publication that celebrates the Commonwealth’s 75th anniversary.
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AFG settles record volume in FY24
by Annie Kane • 2 Sep 2024
The aggregation group achieved record settlements in the financial year 2024 while broker numbers surpassed 4,000 for...
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Winners of the Australian Broking Awards 2024 revealed
by Malavika Santhebennur • 30 Aug 2024
The top performers of the broking industry have been named at the 14th annual Australian Broking Awards, run with...
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Major bank CEOs slammed for calling for cap on broker commissions
by Annie Kane • 30 Aug 2024
Brokers commissions should be capped if banker bonus caps are, two CEOs of the major banks have told a parliamentary...
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Pepper launches real-time credit approvals
by Annie Kane • 30 Aug 2024
The lender has begun a trial of real-time credit approvals for its mortgages, with CEO Mario Rehayem saying this will...
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