Breaking News

ORDE launches Residential Construction loans
by Reporter • 21 Aug 2024
Non-bank lender ORDE Financial has added a new Residential Construction product for borrowers looking to build new... READ MORE

Major bank launches new home loan for sustainable upgrades
by Ben Squires • 20 Aug 2024
Brokers will be able to write a new major bank loan from next week that gives borrowers up to $50,000 for ‘green’... READ MORE

Bendigo now available through Australasia’s largest aggregator

by Annie Kane • 20 Aug 2024
Thousands of LMG brokers are now able to offer Bendigo Bank-branded mortgages for the first time, as the lender... READ MORE

Real-time settlement tracker opens to brokers
by Annie Kane • 20 Aug 2024
PEXA has teamed up with a major aggregation group to offer brokers real-time updates on settlements, thereby reducing... READ MORE

ASIC extends reference checking protocol to mortgage aggregators
by Annie Kane • 19 Aug 2024
Mortgage aggregators will be able to obtain references on mortgage brokers from 20 August following legislative... READ MORE

Brokers will ‘absolutely be the predominant channel’ if MyState...
by Annie Kane • 19 Aug 2024
The third-party channel will continue to be the channel of choice for MyState/Auswide if their newly announced merger... READ MORE

Why it’s ‘premature’ to be thinking about rate cuts
by Annie Kane • 19 Aug 2024
The RBA governor has reaffirmed that it is ‘premature to be thinking about rate cuts’, telling the standing... READ MORE

Arrears start to rise at major banks
by Ben Squires • 19 Aug 2024
The home loan arrears rates are increasing at the major banks, as high interest rates and cost-of-living pressures... READ MORE

Aggregator bolsters Victorian team ahead of expansion
by Annie Kane • 19 Aug 2024
The former head of sales at a commercial fintech has joined Viking Aggregation as its new regional manager, residential... READ MORE

Industry bodies set out wish list for Senate home ownership inquiry
by Annie Kane • 16 Aug 2024
Reducing deposit sizes and re-examining stamp duty should form part of the Senate’s new home lending inquiry,... READ MORE

Mortgage holders spending more than renters: CBA
by Ben Squires • 16 Aug 2024
Despite having larger financial obligations, mortgagors are spending more on discretionary items than renters,... READ MORE

ATO zeroes in on business debt collection for FY24–25
by Christine Chen • 16 Aug 2024
The Tax Office has said it will intervene earlier and use firmer actions to ensure businesses meet tax obligations this... READ MORE

New Senate inquiry to delve into home lending
by Annie Kane • 15 Aug 2024
A new inquiry into how lending and financial regulation is impacting home ownership is set to be undertaken by the... READ MORE

Two-thirds of CBA home loans originated through direct channel
by Annie Kane • 15 Aug 2024
Australia’s largest lender continues to see broker flows drop, with its proprietary channel now writing around 66 per... READ MORE

1 in 3 borrowers need multiple pre-approvals
by Annie Kane • 15 Aug 2024
A third of borrowers are needing to secure multiple pre-approvals as they cannot find the right property in time,... READ MORE

Finsure bolsters asset finance support team
by Reporter • 15 Aug 2024
The aggregator has increased its support for brokers writing asset finance, welcoming a new business development... READ MORE

Parliament pushed to make build-to-rent changes
by Ben Squires • 15 Aug 2024
Proposed amendments to BTR legislation could help deliver more than 105,000 homes to national supply, according to an... READ MORE

Prospa acquired by Salter Brothers consortium
by Adrian Suljanovic • 14 Aug 2024
The SME lender has announced the acquisition by a consortium led by the Salter Brothers Tech Fund has been... READ MORE

Brokerage goes extra mile to help those in need
by Ben Squires • 14 Aug 2024
Aussie is partnering with the PREPD Adelaide Marathon Festival to raise funds for OzHarvest. READ MORE

Buyer sentiment up as interest rates stabilise

by Adrian Suljanovic • 14 Aug 2024
Mortgage Choice’s latest report has found increased levels of consumer optimism compared to the previous observed... READ MORE

SME lender joins LMG panel
by Adrian Suljanovic • 14 Aug 2024
The aggregator has announced that Lumi has joined its lending panel. READ MORE

How women can harness ‘personal power’ in leadership
by Malavika Santhebennur • 13 Aug 2024
Former federal MP Julia Banks insists that all women can use their personal power to advocate a more inclusive... READ MORE

Co-operty and Effi enter strategic partnership
by Adrian Suljanovic • 13 Aug 2024
The two tech companies have announced a new partnership to “help co-owners find the right mortgage and brokers write... READ MORE

Deposit Power announces new head of sales
by Adrian Suljanovic • 13 Aug 2024
The deposit bond provider has announced the appointment of Nick Rumpff as its new head of sales and distribution. READ MORE

Broking association responds to government’s CDR move

by Adrian Suljanovic • 12 Aug 2024
The head of the MFAA has welcomed the government’s announcement on resetting the CDR regime. READ MORE