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Breaking News
Rate cuts may trigger the next mortgage war, warns analyst
by • 25 Oct 2023
While the mortgage wars have subsided, there’s potential for CBA to rekindle the competition war amid a drop in its...
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SME revenue growth expectations hit 7-year high: ScotPac
by Josh Needs • 25 Oct 2023
The non-bank lender’s SME Growth Index has recorded strong revenue growth optimism from small businesses in the third...
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Plenti records loan portfolio lift in September quarter
by Adrian Suljanovic • 25 Oct 2023
The fintech lender has reported increases in its loan portfolio and loan originations for the quarter ended 30...
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Government urged to put financial literacy on the curriculum
by Annie Kane • 25 Oct 2023
Teaching financial literacy in schools, requiring banks to develop financial products for women and a raft of...
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Mortgage broker complaints are nominal, AFCA data shows
by Annie Kane • 24 Oct 2023
The volume of complaints lodged against brokers in the financial year 2023 continues to be nominal, according to new...
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OptiPay purchases debtor finance clients of Thorn
by Josh Needs • 24 Oct 2023
The financial services company has purchased the majority of the debtor finance clients of the Thorn Group.
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Business training key to empowering women in finance
by Malavika Santhebennur • 24 Oct 2023
The FBAA’s chief development officer has revealed the tools female finance entrepreneurs require to thrive as...
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Average value of B2B invoices down 42%, finds CreditorWatch
by Annie Kane • 23 Oct 2023
Persistently low consumer demand has led to a 42 per cent drop in the average value of B2B invoices year-on-year,...
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Finsure partners with asset finance lender
by Adrian Suljanovic • 23 Oct 2023
The aggregator has partnered with an asset and equipment finance lender to provide its brokers with diversification...
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AFG Securities prices $750m transaction
by Annie Kane • 23 Oct 2023
The aggregator’s in-house lending division has priced a $750 million residential mortgage-backed securities issue.
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Sherlok achieves data security certification
by Josh Needs • 23 Oct 2023
The mortgage repricing platform has officially attained data security protection certification.
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Brokers support agribusiness as values decline
by Annie Kane • 20 Oct 2023
While farmland values have dropped nationally for the first time in two years, agribusiness brokers are reporting...
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Resolve enters partnership as it eyes interstate expansion
by Adrian Suljanovic • 20 Oct 2023
The mortgage brokerage has announced a new partnership and plans to expand its operations into the Sunshine State.
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Hot Property: The biggest property headlines from week 16–20 October
by Adrian Suljanovic • 20 Oct 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 20...
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ASIC modifies licensees’ obligations
by Annie Kane • 19 Oct 2023
Changes have been made by the regulator so that licensees do not have to submit notifications about certain reportable...
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Hashching CEO steps down amid court case
by Annie Kane • 19 Oct 2023
An interim chief executive has been appointed at the fintech as the CEO faces charges of aiding, abetting, counselling...
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AFG Securities launches refinancing offering for mature-aged borrowers
by Adrian Suljanovic • 19 Oct 2023
The aggregator’s non-bank lending arm has announced the launch of a new home loan product aimed at mature-aged...
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New asset finance aggregator launches
by Annie Kane • 19 Oct 2023
An independent asset finance aggregation company has launched in a bid to provide “whole-of-business support” to...
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FBAA appoints inaugural chief development officer
by Annie Kane • 18 Oct 2023
A former non-bank lender GM has been appointed as the broker association’s first chief development officer.
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Sharp rise in business failures expected: CreditorWatch
by Annie Kane • 18 Oct 2023
The challenging operating environment will lead to a “sharp rise” in business failures in the next year, the credit...
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LMG adds small business lender to panel
by Reporter • 18 Oct 2023
The major aggregator's brokers will now have access to Bizcap’s short-term business funding products.
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Outdated views of finance deterring women: WGEA
by Malavika Santhebennur • 18 Oct 2023
The financial services industry could attract more women by dispelling the myth that it solely requires strong numeracy...
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Teachers Mutual Bank announces new CEO
by Annie Kane • 17 Oct 2023
The customer-owned lender has welcomed a major bank executive as its incoming chief executive.
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Pepper Money unveils SMSF loan offering
by Adrian Suljanovic • 17 Oct 2023
The non-bank lender has launched a new “super smart” SMSF loan established in partnership with brokers.
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2 non-banks unite to help broker diversification
by Adrian Suljanovic • 17 Oct 2023
In a bid to help mortgage brokers grow their businesses, two non-bank lenders have announced a partnership.
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