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Breaking News
Better Business Awards 2024 finalists revealed
by Malavika Santhebennur • 6 Dec 2023
More than 670 top-performing members of the broking industry have qualified as finalists at the state-based Better...
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FBAA appoints inaugural national commercial and asset manager
by Reporter • 6 Dec 2023
The broker association has appointed its first national commercial and asset manager as it moves to support more...
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AFG ‘positioned for industry consolidation’
by • 6 Dec 2023
The aggregator has flagged that industry changes are expected to lead to increased mergers and acquisitions among...
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Borrower relief this holiday season as RBA holds
by Adrian Suljanovic • 5 Dec 2023
The Reserve Bank of Australia has decided to pause the official cash rate in its last meeting of 2023.
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Brokers expect RBA to hold cash rate
by Adrian Suljanovic • 5 Dec 2023
With the central bank due to meet for the last time in 2023, the mortgage broking industry has weighed in on its...
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New investment and owner-occupied lending figures rise
by Josh Needs • 5 Dec 2023
Despite refinanced loan numbers dropping, brokers have said they are seeing some of their strongest months for mortgage...
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Borrowers to feel the pain as APRA holds buffers
by • 5 Dec 2023
The prudential regulator’s decision to uphold the 3 per cent serviceability buffer will continue to challenge...
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Young mortgage holders looking for better deals: MyState Bank
by Josh Needs • 5 Dec 2023
The lender has found that two in five mortgage holders have looked for a better deal in the last six months, with...
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MFAA urges Senate to look at discharge times
by Annie Kane • 4 Dec 2023
The chief executive of the broker association has told Senate that brokers are critical to regional borrowers and urged...
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Broker focus should be on fixed-rate clients: Connective
by Adrian Suljanovic • 4 Dec 2023
As more borrowers roll off their fixed-rate terms in the next year, the aggregator’s executive director has urged...
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Home loan reforms needed to help abuse victims, says CWES
by Josh Needs • 4 Dec 2023
Mortgage and lending reforms are needed to better protect victim-survivors from post-separation economic abuse,...
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Purple Circle partners with deposit bond provider
by Reporter • 4 Dec 2023
The aggregator’s brokers can now help borrowers get onto the property ladder faster by offering them deposit bonds as...
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Returning ‘stability’ sees dwelling approvals rise: Broker
by Josh Needs • 1 Dec 2023
The increase in building approvals in October is a sign of the returning economic stability and greater construction...
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Former sub-aggregator CEO buys broker mentoring business
by Annie Kane • 1 Dec 2023
Former Buyers Choice chief executive Brett Mansfield has acquired a broker mentoring business in partnership with...
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Trail Homes launches alternative finance facility
by Josh Needs • 1 Dec 2023
The trail book purchaser has revealed its new Guaranteed Run-Off finance products.
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Hot Property: The biggest property headlines from week 27 November to...
by Adrian Suljanovic • 1 Dec 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 1...
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‘If you don’t have clawback, you have to take from upfront’:...
by Annie Kane • 30 Nov 2023
The chief executive of the major bank has flagged that if commission clawback was removed, upfront commission would...
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Canstar launches broker certification pilot program
by Adrian Suljanovic • 30 Nov 2023
The financial comparison website has announced the launch of a mortgage broker certification program pilot.
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LMG reveals specialised asset finance business plans
by Josh Needs • 30 Nov 2023
The aggregator has released two new offerings to provide businesses with asset finance loan origination tools.
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SMEs looking to partner with multiple lenders: ScotPac
by Josh Needs • 30 Nov 2023
SMEs need to “maintain a strong relationship with their broker” as they look to explore the lending market,...
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1/3 of homes cheaper to buy than rent: PropTrack
by Adrian Suljanovic • 29 Nov 2023
Soaring rent prices have left over a third of homes cheaper to buy than rent, PropTrack data has found.
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Google searches for broker terms up year on year: NAB
by Adrian Suljanovic • 29 Nov 2023
Searches on mortgage broker terms have increased over the last year, the major bank’s webinar on customer behaviour...
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Broker market share rebounds: MFAA
by Adrian Suljanovic • 28 Nov 2023
The organisation has confirmed that mortgage brokers wrote the majority of new residential home loans between July and...
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Bendigo Bank opens up to broker
by Annie Kane • 28 Nov 2023
From today, brokers will be able to offer loans from the non-major bank, with Finsure brokers being first cab off the...
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Association heads respond to AMP move
by Annie Kane • 28 Nov 2023
Following AMP’s move to reduce some borrower discounts, the associations have urged lenders to ‘think carefully’...
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