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ASIC sues major lender

by Ben Squires • 18 Nov 2024

The corporate regulator has commenced proceedings against a big four bank.

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Major bank moves rate call

by Ben Squires • 18 Nov 2024

The big four bank has broken from the pack in revising its rate cut forecast.

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Average home loan size up more than 10% YOY

by Ben Squires • 18 Nov 2024

The average size of a home loan rose across every state and territory during the September quarter.

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Winners unveiled for Women in Finance Awards 2024

by Reporter • 15 Nov 2024
The Adviser and principal partner Mortgage Choice are proud to announce the 30 winners of the Women in Finance Awards... READ MORE

ASIC to target lenders trying to avoid NCCP

by Annie Kane • 15 Nov 2024
Business models designed to avoid consumer credit protections and used car finance will be enforcement priorities for... READ MORE

Connective accelerates asset finance process with new integration

by Annie Kane • 15 Nov 2024
Asset finance brokers with the major aggregator can now manage the entire asset finance loan process within a single... READ MORE

Hot Property: The biggest property headlines from the week 11–15...

by Reporter • 15 Nov 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 15... READ MORE

0.1% of financial complaints about mortgage broking: AFCA Datacube

by Annie Kane • 14 Nov 2024
Mortgage broker complaints made up just 0.1 per cent of financial complaints in the financial year 2024, according to... READ MORE

New commercial finance broking qualification launched

by Annie Kane • 14 Nov 2024
A new qualification for commercial finance broking has been developed by the FBAA in collaboration with the CFMIA,... READ MORE

How will the new CDR changes benefit brokers?

by Annie Kane • 14 Nov 2024
With the government having updated Consumer Data Right rules, members of the industry have revealed how the changes... READ MORE

Online brokerage partners with Quickli

by Annie Kane • 14 Nov 2024
Online mortgage brokerage Finspo has become the latest broking group to integrate the serviceability and policy engine... READ MORE

Major aggregator launches enhanced broker platform

by Annie Kane • 13 Nov 2024
Around 4,000 brokers will now be able to access an enhanced BrokerEngine platform that can directly lodge applications... READ MORE

Government announces open banking changes

by Annie Kane • 13 Nov 2024
The government has revealed a set of changes to improve the Consumer Data Right and boost consumer... READ MORE

ING set to launch new green loan offering

by Annie Kane • 13 Nov 2024
Non-major bank ING is rolling out a Home Energy Helper offering and a Green Upgrade Loan from next... READ MORE

Business confidence rises to highest level since early 2023: NAB

by Ben Squires • 13 Nov 2024
The major bank’s monthly survey points to pockets of resilience throughout the economy amid easing price and cost... READ MORE

Bridgit expands securitisation facility

by Annie Kane • 13 Nov 2024
The bridging loan provider has seen its securitisation facility increase to $250 million, enabling it to support $1... READ MORE

RedZed adopts ApplyOnline

by Annie Kane • 13 Nov 2024
Brokers will be able to lodge mortgages electronically via ApplyOnline® from next Wednesday, following a new... READ MORE

‘Any bank that turns away from the broker channel will regret...

by Annie Kane • 12 Nov 2024
The FBAA MD has suggested brokers cast their net wide with lender choices, after several banks announced a new focus on... READ MORE

Housing is a major election issue for almost 9 in 10 Australians

by Ben Squires • 12 Nov 2024
Housing will be one of the big issues on voters’ minds in the run-up to the next federal election, according to new... READ MORE

YBR Group appoints new leader to grow franchise network

by Annie Kane • 12 Nov 2024
The aggregation group has appointed a new head of network performance and franchising to build the corporate branch and... READ MORE

How to foster diversity and inclusion in the workplace

by Malavika Santhebennur • 12 Nov 2024
Organisations must go beyond recruiting a diverse workforce and embed a culture of inclusion to reap the benefits,... READ MORE

ANZ unpacks why broking is a less profitable channel

by Annie Kane • 11 Nov 2024
The group executive for retail banking at ANZ has revealed the key drivers that make broking a less profitable channel... READ MORE

Metricon chooses Victorian brokerage for national partnership

by Annie Kane • 11 Nov 2024
The home construction company has selected Mortgage Domayne as its exclusive partner to provide broking services to... READ MORE

Connective welcomes new state manager for SA

by Annie Kane • 11 Nov 2024
A new state manager has been appointed at Connective for South Australian brokers, following the departure of... READ MORE

ANZ broker flows hit new record high

by Annie Kane • 8 Nov 2024
The broker channel is writing nearly two-thirds of the major bank’s new mortgage business in Australia, according to... READ MORE

Brokers surprised at NAB proprietary move

by Annie Kane • 8 Nov 2024
Mortgage brokers have voiced surprise and dismay at the major bank’s move to focus on home lending growth through the... READ MORE

LMG launches new lending line

by Annie Kane • 8 Nov 2024
LMG has launched a new suite of digital-first mortgages for its brokers, built in partnership with Athena Home Loans... READ MORE

Non-bank launches trail book loan for brokers

by Annie Kane • 8 Nov 2024
A new loan product has been launched by the non-bank to help brokers leverage their trail book income to fund business... READ MORE

Hot Property: The biggest property headlines from the week 4–8...

by Reporter • 8 Nov 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 8... READ MORE

NAB shifts focus to increase proprietary lending

by Annie Kane • 7 Nov 2024
The major bank has announced a greater focus on proprietary lending to improve shareholder returns and will be... READ MORE
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