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Housing Australia approved almost $880m in AHBA loans in FY24
by Ben Squires • 30 Oct 2024
The national housing agency’s loans have supported the supply of more than 2,400 social and affordable homes across... READ MORE

Mutual bank partners with Mission Australia
by Ben Squires • 30 Oct 2024
Great Southern Bank has announced a partnership with the charity that will deliver energy and efficiency upgrades to... READ MORE

Qld and WA top SME growth forecasts: ScotPac
by Ben Squires • 29 Oct 2024
SMEs in the two states have surged to the top of national rankings for projected business growth. READ MORE

AFCA calls for industry response to rise in First Nations complaints
by Ben Squires • 29 Oct 2024
Complaints from Aboriginal and Torres Strait Islander peoples surged by 25 per cent in the past financial year,... READ MORE

Rise in demand for hybrid and EV loans from borrowers under 35
by Ben Squires • 29 Oct 2024
Data from a major bank has revealed a significant increase in the number of hybrid and EV new car loans for young... READ MORE

Most Australians have experienced a cyber attack: NAB
by Ben Squires • 29 Oct 2024
The major bank’s latest cyber security report has highlighted the escalating threat of cyber crime to brokers and... READ MORE

AFCA complaints hit new record in FY24
by Annie Kane • 28 Oct 2024
The financial complaints body received more than 100,000 complaints in a financial year for the first time, setting a... READ MORE

Governments should ‘reassess’ home buyer offerings: Lendi Group...
by Annie Kane • 28 Oct 2024
With state elections on the horizon, the CEO of Lendi Group has urged governments to “think of new strategies” to... READ MORE

Lending laws ‘holding back the Australian dream’: Senator Bragg
by Annie Kane • 25 Oct 2024
After hearing evidence from the banking industry in the final hearing for the Senate home ownership inquiry, senator... READ MORE

APRA defends 3 per cent buffer, flags that exceptions are available

by Annie Kane • 25 Oct 2024
The prudential regulator has told the Senate inquiry that it believes the 3 per cent buffer is appropriate, but... READ MORE

Non-major bank adopts e-signature technology
by Annie Kane • 25 Oct 2024
The lender has implemented the eSign feature into its lodgement system to enable brokers to use digital signatures in... READ MORE

Hot Property: The biggest property headlines from the week 21–25...
by Reporter • 25 Oct 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 25... READ MORE

ASIC unconvinced easing RLOs would increase ‘affordable credit’
by Annie Kane • 24 Oct 2024
An ASIC commissioner has cast doubt on suggestions that easing responsible lending obligations would make credit more... READ MORE

ABA backs ‘conversations’ on changing buffers
by Annie Kane • 24 Oct 2024
The banking industry association has told the Senate home ownership inquiry it believes APRA’s 3 per cent... READ MORE

MyState/Auswide merger in ‘best interests’ of shareholders
by Annie Kane • 24 Oct 2024
“Extensive due diligence” on the MyState/Auswide Bank merger has convinced the bank boards that it would be “in... READ MORE

Brighten launches new broker portal

by Annie Kane • 24 Oct 2024
The non-bank has released a new, cloud-based broker portal to help enhance its broker offering. READ MORE

‘A bad tax’: Housing Minister says stamp duty should be axed
by Juliet Helmke • 24 Oct 2024
Federal Housing Minister, Clare O’Neil, has made it clear she’s no fan of states and territories’ current... READ MORE

Brokers will get to 80% market share: Greg Medcraft
by Annie Kane • 23 Oct 2024
The former ASIC chairman has said he believes broker market share will surpass 80 per cent. READ MORE

Entourage Finance announces another acquisition
by Annie Kane • 23 Oct 2024
Victorian-based brokerage Entourage Finance has continued its merger and acquisition moves by purchasing another... READ MORE

Pepper marks 10 years of asset finance

by Annie Kane • 23 Oct 2024
The non-bank lender has originated $16 billion in asset finance loans across 400,000 customers in its first decade. READ MORE

Aggregator welcomes new C-level executive member
by Annie Kane • 23 Oct 2024
A new C-level member has been appointed at Connective, as the aggregator continues to add to its senior leadership... READ MORE

Industry rails against broker remuneration review calls
by Annie Kane • 22 Oct 2024
The mortgage broker associations have defended the industry after a Senate committee was urged to review broker... READ MORE

Firstmac launches Commercial SMSF loan
by Annie Kane • 22 Oct 2024
The lender has launched a new commercial SMSF property loan, its first foray into business lending. READ MORE

Borrowers targeted in new financial scam
by Ben Squires • 22 Oct 2024
Criminals are offering fake no-interest loan schemes and financial assistance packages to those experiencing hardship,... READ MORE

New loan solution launches for temporary residents
by Annie Kane • 22 Oct 2024
A new loan product has been launched by non-bank lender Uptain to support temporary residents in property purchases. READ MORE