Breaking News
2 asset finance aggregators acquired by COG
by Josh Needs • 1 Aug 2023
COG Aggregation has acquired NFC and United Financial Services, which represent 182 broker firms nationwide and write...READ MORE
Resolve Finance loan volumes up 13% over FY23
by Adrian Suljanovic • 1 Aug 2023
The mortgage brokerage has reported a ‘record year in lending’ for the financial year 2023, surpassing $1.5 billion... READ MORE
‘Virtual coach’ lead gen platform for brokers launches
by Annie Kane • 1 Aug 2023
Fule, a new platform that operates as a virtual coach, has been launched to help brokers gain more leads and improve... READ MORE
CBA rolls out digital refinancing function
by Annie Kane • 1 Aug 2023
Borrowers can now commence and submit refinance applications online with the major bank as part of a new digital... READ MORE
Australians need financial literacy improvement: AMP
by Josh Needs • 1 Aug 2023
Over a third of Australian adults are financially illiterate, with an 8 per cent gap between males and females, a new... READ MORE
Loan originations fall 37% at Prospa
by Josh Needs • 31 Jul 2023
The non-bank’s SME loan originations dropped by more than a third in 4Q23, after it tightened credit risk settings... READ MORE
Assetline Capital appoints WA/SA BDM
by Adrian Suljanovic • 31 Jul 2023
The non-bank lender has announced the appointment of Stacey Madejewski as its new Western and South Australian business... READ MORE
Wisr loan originations down 71% in 4Q23
by Adrian Suljanovic • 31 Jul 2023
Following a “deliberate” strategy to moderate loan origination growth, new originations fell 71 per cent at the... READ MORE
Finsure reveals plans to launch in NZ
by • 28 Jul 2023
Finsure Group has announced plans to expand across the Tasman Sea, marking its first venture outside of... READ MORE
Home loans amongst fewest complaints: AFCA
by Josh Needs • 28 Jul 2023
While financial complaints rose by more than a third in the financial year 2023, home loan grievances were below... READ MORE
Founding MFAA member receives life membership
by • 28 Jul 2023
One of the founders of the Mortgage Bankers Association of Australia (which later became the MFAA) was honoured last... READ MORE
Keystone Capital appoints national fund manager
by • 28 Jul 2023
The non-bank lender has welcomed Steve Lawrence to the team as national fund manager.
READ MOREHot Property: The biggest property headlines from week 24–28 July
by Adrian Suljanovic • 28 Jul 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 28... READ MORE
Second major bank changes clawback policy
by Annie Kane • 27 Jul 2023
A big four bank has confirmed that it will be reducing its clawback structure by six months for all consumer mortgages... READ MORE
Retention vital to protecting trail commission: Broker
by Adrian Suljanovic • 27 Jul 2023
A solid client retention strategy is key to ensuring that brokers can maintain a healthy income, a broker has... READ MORE
Earlypay appoints 4 managers
by Josh Needs • 27 Jul 2023
The new starters at the SME lender will help the non-bank ‘build out’ its offerings and networks, it has... READ MORE
CreditorWatch warns of ‘steep increase’ in defaults
by • 27 Jul 2023
The credit reporting agency has raised concerns over a significant rise in insolvencies, particularly in the... READ MORE
Mortgage arrears highest in outer regions of capitals: S&P
by Annie Kane • 26 Jul 2023
The south-west of Sydney has the highest home loan arrears of any capital city, according to new data from S&P... READ MORE
Alex Bank settlements rise 94%
by Adrian Suljanovic • 26 Jul 2023
The digital bank has reported its “strongest year” in its financial year 2023 results, driven by continued broker... READ MORE
ANZ-Suncorp merger decision extended again
by • 26 Jul 2023
The major bank has agreed to grant the ACCC one additional week to deliver a final decision on the... READ MORE
SMEs struggling with delayed invoice payment hurdle: Moneytech
by Adrian Suljanovic • 26 Jul 2023
The non-bank business lender has identified slowed invoice payments as a major issue facing SMEs during the new... READ MORE
Brokers needed amid economic slowdown: NAB
by • 25 Jul 2023
More borrowers are turning to brokers as economic uncertainty persists, NAB’s latest trend report for brokers has... READ MORE
AFG launches reduced buffer home loan
by Annie Kane • 25 Jul 2023
AFG’s in-house lending division has rolled out a mortgage with a 1 per cent serviceability buffer for certain... READ MORE
Resimac announces leadership changes
by Josh Needs • 25 Jul 2023
The non-bank lender’s revamped strategy will see several senior leadership positions expanded in a bid to improve... READ MORE
CDR opens for small businesses
by • 25 Jul 2023
Treasury has approved CDR rules for businesses, giving new rights to commercial brokers.
READ MORELMG appoints new executive
by Adrian Suljanovic • 24 Jul 2023
The aggregator has appointed Louise Rainger to head up its Brokerversity platform and oversee other broker learning... READ MORE
TP24 secures $585m global debt deal, eyes Aussie growth
by Annie Kane • 24 Jul 2023
Around a third of the $585 million will go towards growing the Australian SME lending business, the chief executive of... READ MORE
Finsure white label offering rebranded
by Reporter • 24 Jul 2023
Finsure Group has announced it has rebranded its white label offering Myloan to Finsure Loans.
READ MOREPerth broker becomes first person to solo row from Australia to Africa
by Annie Kane • 21 Jul 2023
Strawberry Finance broker Rob Barton has completed his Guinness World Records challenge of being the first person to... READ MORE
Mortgage Ezy removes clawbacks for 80% of products
by • 21 Jul 2023
The non-bank lender has expanded its clawback policy for the third-party channel.
READ MORE
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