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Breaking News
Mortgage stress down following record highs: Roy Morgan
by Adrian Suljanovic • 24 Apr 2024
The number of borrowers at risk of mortgage stress has declined, Roy Morgan research has shown.
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‘Better chance of winning lotto’ than hitting home targets: PIPA
by Charlotte Humphrys • 24 Apr 2024
The chair of the investment association has said she had a better chance of winning the lottery than the government has...
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FBAA encourages Aussie brokers to expand to NZ
by Adrian Suljanovic • 23 Apr 2024
The association has highlighted the various opportunities for Australian brokers in New Zealand.
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Asset purchases are the biggest opportunity, say commercial brokers
by Reporter • 23 Apr 2024
Commercial brokers believe that funding asset purchases is the biggest opportunity available to them and their clients...
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Assetline Capital appoints new BDM
by Charlotte Humphrys • 23 Apr 2024
The lender has expanded its NSW sales team, appointing a new business development manager.
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Next RBA move may be an increase: Brokerage CEO
by Adrian Suljanovic • 22 Apr 2024
A chief executive of a brokerage has said the central bank may lift the cash rate further if inflation fails to...
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Mal Withers joins Hound
by Charlotte Humphrys • 22 Apr 2024
The former chief commercial officer of Prime Capital has joined the fintech company as its new head of sales.
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Borrowers cutting back on travel to pay mortgages: NAB
by Adrian Suljanovic • 22 Apr 2024
Data from the major bank has found more Australians are slashing travel plans to pay down their mortgages.
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Bank turnarounds accelerate: Broker Pulse
by Malavika Santhebennur • 19 Apr 2024
Lender turnarounds have accelerated to near-record speeds, with one bank taking just 24 hours to reach an initial...
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Westpac enables open banking for brokers
by Adrian Suljanovic • 19 Apr 2024
The major bank has announced a partnership with NextGen to allow open banking access to mortgage brokers.
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MFAA memberships reach record high
by Charlotte Humphrys • 19 Apr 2024
Memberships have reached a record high at the association, surpassing 15,000 for the first time.
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Interest in becoming ‘property pals’ increases: ING
by Charlotte Humphrys • 18 Apr 2024
Almost half of Australians think that purchasing property with someone who isn’t a spouse or partner will become...
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Judo Bank loan book reaches $10bn
by Charlotte Humphrys • 18 Apr 2024
The SME bank has revealed it is “not looking for a buyer” as its loan book reached $10 billion this week.
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MFAA announces National Forum presidents for 2024
by Adrian Suljanovic • 18 Apr 2024
The association has revealed the presidents and deputy presidents of its National Forums for 2024.
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Instant asset write-off threshold may be limited, warns tax specialist
by Miranda Brownlee • 18 Apr 2024
Amendments before Parliament will see a more significant increase to the instant asset write-off threshold but for a...
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Just 11% of Gen Z/Millennials used a broker in the last year
by Annie Kane • 17 Apr 2024
Around one in 10 Gen Z and Millennials have used a broker in the past 12 months, new data has found.
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Business administrations reach record high
by Charlotte Humphrys • 17 Apr 2024
External administrations reached a record high in March amid ongoing cost pressures, skilled labour shortages, and...
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NAB partners with CitoPlus
by Charlotte Humphrys • 17 Apr 2024
The major bank and tech platform are partnering to develop a new digital solution for commercial brokers.
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ScotPac enters partnership with payroll funding provider
by Adrian Suljanovic • 17 Apr 2024
The SME lender has announced a new alliance with payroll funding and back-office solutions provider.
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FBAA urges brokers to secure cyber insurance
by Charlotte Humphrys • 16 Apr 2024
The association has called on brokers to ensure they have specialty cyber insurance coverage to protect their...
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SME loan applications up 28% YOY: Banjo Loans
by Adrian Suljanovic • 16 Apr 2024
The SME lender has revealed a surge in year-on-year loan applications from small businesses.
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Associations hit back at payroll tax decision
by Annie Kane • 15 Apr 2024
The outcome of the Loan Market payroll tax case sets a “dangerous precedent” and is based on “flawed”...
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‘Payroll tax is payable’, judge finds in Loan Market case
by Annie Kane • 15 Apr 2024
The Supreme Court of NSW has found that payroll tax should be paid on commissions and payments to brokers in certain...
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Lender found to have charged prohibited fees
by Reporter • 15 Apr 2024
The Federal Court has found that the non-bank lender entered into more than half a million contracts that included a...
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Connective appoints new sales executive
by Adrian Suljanovic • 15 Apr 2024
The aggregator has strengthened its presence in Victoria and Tasmania with a new sales executive hire.
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