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Web of definitions weighing down financial services law: ALRC

by Sarah Simpkins • 19 Jun 2022
Industry players have backed a call to simplify definitions across financial services legislation, with broker bodies...READ MORE

Turnarounds take back seat following stabilisation

by Annie Kane • 19 Jun 2022
Brokers are now less driven to choose a lender based on turnarounds, as time to initial credit decision has improved... READ MORE

Latitude, Humm call off HCF acquisition

by Sam Nichols • 19 Jun 2022
The arrangement, which would have seen Latitude acquire Humm’s consumer finance arm, has been terminated, with both... READ MORE

Money3 funding cap rises to $665m

by Sam Nichols • 19 Jun 2022
The vehicle finance specialist has confirmed that it has received new mezzanine funding, boosting its funding ceiling... READ MORE

Rate-decreasing loan launched for SMEs

by Annie Kane • 16 Jun 2022
SMEs with good repayment histories will see loan rates drop by 25 bps every six months as part of an “Australian... READ MORE

9/10 Australians confident brokers have best interests at heart

by Sam Nichols • 16 Jun 2022
The majority of borrowers see brokers as being tuned in to their needs with borrowing and refinancing, according to... READ MORE

Hot Property: The biggest property headlines from the week 13-17 June

by Reporter • 16 Jun 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 17... READ MORE

Wisr prices second ABS transaction

by reporter • 16 Jun 2022
The non-bank lender has priced a $250 million asset-backed securities transaction to help it scale and reduce its cost... READ MORE

Mortgage affordability hits lowest point since 2011: Bluestone

by Sarah Simpkins • 15 Jun 2022
Australians’ ability to afford a home loan deteriorated over April, breaking a two-month spell of... READ MORE

Majority of borrowers prepared to change loans over rates

by Sam Nichols • 15 Jun 2022
More than half of borrowers are willing to make changes to their home loans to accommodate increasing rate hikes,... READ MORE

Platform Finance welcomes national sales manager

by Annie Kane • 15 Jun 2022
The asset finance aggregator has hired a former broker and senior BDM as its new national sales manager to help drive... READ MORE

Calls to combat financial elder abuse

by Kate Aubrey • 15 Jun 2022
The rising cost of living and COVID-19 have sparked fresh concerns over financial elder abuse and financial... READ MORE

Calls rise for stamp duty overhaul ahead of NSW reform

by Annie Kane • 14 Jun 2022
With NSW expected to announce changes to the “worst tax” next week, calls are rising for other states to follow... READ MORE

Finsure announces new head of operations

by Kate Aubrey • 14 Jun 2022

The mortgage aggregator has appointed Kon Shizas to lead its “growing network” of 2,400 brokers.

READ MORE

Prospa welcomes next southern regional manager

by Sam Nichols • 14 Jun 2022
The SME lender has appointed its next manager to support broker partners across Victoria, Western Australia, South... READ MORE

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CBA CEO acknowledges brokers following mortgage growth

The Commonwealth Bank of Australia (CBA) has released its results for the financial year ended 30 June 2022 and...

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Submissions open for Women in Finance Awards 2022

Hosted by Momentum Media, the Women in Finance Awards is returning for its sixth consecutive year to recognise the...

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OnDeck confirms origination surge following buyout

In early February, OnDeck Australia’s (OnDeck) executives and investors collectively purchased 80 per cent of the...

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