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Breaking News
Regional buyers helped ‘immensely’ by Qld grant increase: Broker
by Josh Needs • 21 Nov 2023
The state government has announced it is doubling the First Home Owner Grant to $30,000 for eligible buyers.
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Firstmac launches expat loan offering
by Adrian Suljanovic • 21 Nov 2023
The non-bank lender has shifted focus towards overseas property buyers and launched a new home loan product for...
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Ensuring competitive markets key to merger reform: Government
by Josh Needs • 21 Nov 2023
The federal government has released a consultation paper on potential merger reform to restrict any moves that could be...
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Live bank feeds are now available for NZ
by Josh Needs • 21 Nov 2023
A New Zealand credit bureau has revealed with borrowers’ permission it can now turn on live bank data feeds.
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Low-middle income earners feeling the bite from rising prices
by Adrian Suljanovic • 20 Nov 2023
High interest rates and property prices are leaving many potential borrowers out of options, brokers have said.
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Brokerages will continue to merge: Brokers
by Josh Needs • 20 Nov 2023
The necessity of evolution and economies of scale will see independent brokerages become rare, according to brokers.
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BID stopped churn, clawbacks must go: Broker
by Josh Needs • 20 Nov 2023
With brokers now obliged by law to put their clients’ interests first, “there’s no need to keep the clawback...
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CEO addresses 5 years of AFCA
by Adrian Suljanovic • 20 Nov 2023
AFCA’s chief executive has delivered a keynote address five years on from its establishment.
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What loan products are brokers loving at the moment?
by Annie Kane • 17 Nov 2023
With serviceability tightening and borrowers feeling the pinch, we have asked brokers: what loan products are you (and...
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Brokers note a rise in business acquisitions amid risks
by • 17 Nov 2023
Brokers have observed an increase in business acquisitions amid rising business risk.
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Why is Perth’s housing market booming?
by Adrian Suljanovic • 17 Nov 2023
The undersupply of property in Australia’s western capital has led to a surge in dwelling prices, brokers have said.
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Hot Property: The biggest property headlines from week 13–17...
by Adrian Suljanovic • 17 Nov 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 17...
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CBA responds to industry criticism
by Josh Needs • 16 Nov 2023
The major bank’s broker head has responded, stating the lender “remains committed” to the broker channel.
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What do brokers think about CBA channel conflict?
by Josh Needs • 16 Nov 2023
As CBA focuses on its proprietary channel, brokers have revealed how they view potential channel conflict when...
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MFAA calls on industry to adopt CDR faster
by Annie Kane • 16 Nov 2023
Lenders and aggregators are being urged to roll out open banking to brokers more quickly given moves to potentially ban...
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SME loan applications surge in 1Q24: Banjo
by Adrian Suljanovic • 16 Nov 2023
Small-business loans spiked during the first quarter of the financial year, the non-bank lender’s new research has...
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CBA has ‘turned its back’ on brokers: FBAA
by Josh Needs • 15 Nov 2023
After the major lender “made huge profits off the back of mortgage brokers”, they are now “turning their backs on...
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Borrowers ‘get creative’ amid economic challenges
by • 15 Nov 2023
Brokers are noting a shift in client behaviour, witnessing a blend of creativity in spending choices and a more...
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Gen Z eager to own property despite financial woes
by Adrian Suljanovic • 15 Nov 2023
Despite ASIC data showing growing financial concerns from Gen Z, brokers are still seeing strong appetite for home...
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CBA ‘focused on proprietary distribution’
by Josh Needs • 14 Nov 2023
The major bank has begun focusing on proprietary distribution, with ‘lower margin’ new broker fundings having...
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Panel advocates proactive broker strategies
by Josh Needs • 14 Nov 2023
With rates rising again, brokers should be reaching out to their commercial clients, according to a panel of commercial...
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Grow Finance is now Dynamoney
by Josh Needs • 14 Nov 2023
The SME lender has rebranded as it plans for further expansion of products and partnerships across the global finance...
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Former Tic:Toc launches in-house broker service
by • 14 Nov 2023
Tiimely Home, formerly known as Tic:Toc, has introduced an in-house broker service to enhance the home loan process for...
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Deposit Assure releases equity-only policy
by Josh Needs • 14 Nov 2023
The deposit bond provider has launched a new policy aimed at simplifying the application process for its partners and...
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Brokers urged to manage mental health: FBAA
by Adrian Suljanovic • 13 Nov 2023
The association’s managing director has called on all brokers to monitor the mental health of themselves and of their...
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