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Breaking News
YBR removed from ASX
by Adrian Suljanovic • 28 Nov 2023
The ASX has announced that the broking group is no longer on the official list.
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Glenn Gibson leaves ING
by Annie Kane • 28 Nov 2023
The non-major bank has realigned its distribution arm with the rest of its mortgages business, with Glenn Gibson...
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UFinancial names new managing partner for Qld
by Reporter • 28 Nov 2023
The mortgage and finance brokerage has welcomed a new managing partner and director for its Queensland business.
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Broker clients reeling as lender slashes discount rate
by Annie Kane • 27 Nov 2023
A lender’s move to decrease its discount for existing customers has shocked brokers and their clients, with many...
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How brokers are helping improve financial literacy
by Josh Needs • 27 Nov 2023
With financial literacy levels among young Australians waning, brokers have revealed how they look to make a...
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AFG reports rapid asset finance growth
by Annie Kane • 27 Nov 2023
The aggregator saw a 49 per cent uplift in settlements through its asset finance platform in financial year 2023, it...
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OptiPay bolsters broker channel with appointment
by Josh Needs • 27 Nov 2023
The newly created role is designed to strengthen the organisation’s third-party channel focus.
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NAB ‘reviewing’ clawback position: Adam Brown
by Josh Needs • 24 Nov 2023
The major lender’s head of broker has stated that the bank will have an update on its clawback position “in the...
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New aggregator launches to ‘shape the future’ of asset finance
by Annie Kane • 24 Nov 2023
A major new player in asset finance aggregation has officially launched, with the aim of helping “shape the future of...
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Use ‘quiet’ periods to better your business: Brokers
by Josh Needs • 24 Nov 2023
Brokers are imploring those in the industry to view lull periods as an opportunity to develop relationships, upskill,...
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Hot Property: The biggest property headlines from week 20–24...
by Josh Needs • 24 Nov 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending...
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Why brokers should be tech stacking
by Reporter • 23 Nov 2023
Brokers could free up hours of time, standardise processes, and bring in more business by better utilising technology,...
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Brokers to pilot new tech in ‘industry-first’ agreement
by Reporter • 23 Nov 2023
A major aggregator has unveiled an ‘industry-first’ agreement that provides brokers with tech to save time and...
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CHOICE CEO starts ASIC term
by Reporter • 23 Nov 2023
ASIC has welcomed the commencement of the CHOICE chief executive and other recently appointed commissioners.
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Why more brokers are writing major bank deals
by Malavika Santhebennur • 22 Nov 2023
For the first time in 15 months, more brokers are using the big four banks than non-majors, according to a new survey.
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ASIC has car finance brokers in its sights
by Josh Needs • 22 Nov 2023
Brokers and lenders are among the groups that will be under the financial regulator’s enforcement priorities next...
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Government to provide additional cyber security support
by Josh Needs • 22 Nov 2023
Brokers will have access to additional cyber safety measures after the government has revealed two new initiatives to...
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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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