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Breaking News
Brokers take on business advisory amid struggles: Moneytech
by Assumpta Mendoza • 20 Dec 2023
Finance brokers are increasingly assuming a business advisory role as businesses grapple with mounting economic...
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What lessons can brokers pull from 2023?
by Reporter • 20 Dec 2023
According to industry veteran Nick Young of Trail Homes, while the year has been challenging, it’s not as dire as...
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Height and density bonuses available for NSW developers
by Adrian Suljanovic • 20 Dec 2023
NSW’s new planning policy allowing developers to build higher, bigger buildings in return for more affordable housing...
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Thousands of Qld homes impacted by Cyclone Jasper
by • 19 Dec 2023
As ex-Tropical Cyclone Jasper has wreaked havoc on the Far North Queensland coast, lenders and brokers stand prepared...
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Regional small businesses showing ‘poor health’: Prospa
by Adrian Suljanovic • 19 Dec 2023
With mounting concerns from brokers about SMEs accessing finance, new data from the fintech lender has shown additional...
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¾ SMEs struggle to raise capital: OnDeck
by Adrian Suljanovic • 19 Dec 2023
The SME lender has found that the majority of small businesses are facing hurdles when raising capital and has...
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New Broker Q&A: Martin Reidy, Yellow Brick Road, Leongatha
by • 19 Dec 2023
After gaining valuable experience under the guidance of an established brokerage in Melbourne, Martin Reidy made the...
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Connective wins court case appeal
by Annie Kane • 18 Dec 2023
The major aggregator has won its appeal against the Supreme Court of Victoria’s judgment relating to its shareholder...
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SMEs unfairly ‘penalised’ by credit scoring system, brokers warn
by Annie Kane • 18 Dec 2023
The broking industry is urging lenders and credit scoring companies to change the ‘unjustified’ way credit scoring...
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Broker flooded with phone calls from anxious borrowers
by Malavika Santhebennur • 18 Dec 2023
The Victorian broker has said she is receiving an influx of calls from borrowers facing financial hardship as they roll...
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How brokers are building better client relationships
by Adrian Suljanovic • 18 Dec 2023
Brokers reveal how they’re developing stronger relationships with clients on the back of a new research report.
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Associations applaud move to examine home loan price inquiry
by Annie Kane • 15 Dec 2023
The broker associations have welcomed the news that the government will examine the outstanding recommendations of the...
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Brokers react to startling first time buyer figure
by Josh Needs • 15 Dec 2023
With new research revealing that less than half of future first-time buyers would use a broker, members of the industry...
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Entourage snaps up third brokerage
by Annie Kane • 15 Dec 2023
Logical Choice Finance has merged with the Victoria-based brokerage, continuing the trend of mortgage brokerage...
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Salt & Lime joins Purple Circle lending panel
by Josh Needs • 15 Dec 2023
The debt consolidation lender, which is focused on improving financial literacy, is now available to Purple Circle...
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Hot Property: The biggest property headlines from week 11–15...
by Adrian Suljanovic • 15 Dec 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 15...
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Broker loyalty maintains strength
by Josh Needs • 14 Dec 2023
A greater proportion of mortgagors are loyal to their broker than those borrowing through the direct channel, according...
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Resimac launches new lending division
by Reporter • 14 Dec 2023
A new secured business loan division has been set up by the non-bank following broker feedback – with a new national...
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How brokers can protect their clients’ privacy
by Adrian Suljanovic • 14 Dec 2023
An aggregator has stressed the importance of safeguarding broker clients’ privacy as we head into the new year.
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Bluestone appoints head of originations
by Adrian Suljanovic • 14 Dec 2023
The mortgage lender has announced the appointment of Rob Westgarth as its new head of originations.
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Industry raises thousands for charity at mental health event
by Annie Kane • 13 Dec 2023
A total of $12,800 has been raised for Beyond Blue after the AMP Foundation matched the $6,400 raised by members of the...
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Business administrations surge, failure risk increases
by • 13 Dec 2023
While new data portrays a grim outlook for the healthcare sector in 2024, some brokers hold contrasting opinions,...
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ASIC bans NSW finance broker for two years
by Reporter • 13 Dec 2023
ASIC has banned a NSW finance broker from engaging in credit activities and suspended his brokerage for two years.
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Oak Capital appoints first national sales manager
by Reporter • 13 Dec 2023
The private lender has promoted its state manager for southern states to the new position of national sales manager.
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Lender loyalty tax persists in impacting borrowers
by • 12 Dec 2023
Existing borrowers have been charged rates 0.29 bps higher than new borrowers on average, presenting challenges for...
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