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Another bank branch bites the dust
by • 27 Jun 2023
After 60 years a bank branch in Perth has announced it will close its doors, with Bankwest signalling more branches are...READ MORE
The value of SMEs tips half a trillion dollars
by • 27 Jun 2023
While small businesses contribute more than half a trillion dollars to the Australian economy, business confidence... READ MORE
Former MyState head of lending distribution joins law firm
by Adrian Suljanovic • 26 Jun 2023
Ex-MyState Bank head of lending distribution Blake Albones has been appointed as chief sales officer at Galilee... READ MORE
CSLR finally passes Parliament
by Annie Kane • 26 Jun 2023
Legislation for the Compensation Scheme of Last Resort (CSLR) has passed, with the scheme expected to be operational... READ MORE
AFG appoints 3 executive team members
by Adrian Suljanovic • 26 Jun 2023
The aggregator has announced changes to its executive team as the company heads into the new financial year.
READ MORE
Big 4 banks caught up in HWL Ebsworth hack
by Daniel Croft • 26 Jun 2023
The list of high-profile victims of the HWL Ebsworth hack continues to grow, with Australia’s big four banks all... READ MORE
Finalists revealed for Australian Broking Awards 2023
by Malavika Santhebennur • 23 Jun 2023
Over 250 finalists have been chosen to battle it out at this year’s Australian Broking Awards, run with the support... READ MORE
SMEs to gain new government tax incentives
by Adrian Suljanovic • 23 Jun 2023
The Albanese government has announced the delivery of $1.5 billion in new tax incentives for small- to medium-sized... READ MORE
Deposit Assure releases instant issuance
by Reporter • 23 Jun 2023
The deposit bond provider has rolled out instant issuance to help home buyers secure their property on the spot, amid a... READ MORE
Hot Property: The biggest property headlines from week 19–23 June
by Adrian Suljanovic • 23 Jun 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 23... READ MORE
CBA to offer reduced serviceability buffer
by Annie Kane • 22 Jun 2023
A second big four bank has announced it will drop its serviceability buffer for qualifying refinancers, in a bid to... READ MORE
Nearly all brokers have mortgage prisoner clients: Broker Pulse
by Malavika Santhebennur • 22 Jun 2023
With rates rising and fixed-rate home loans expiring, 96 per cent of brokers have said they have had at least one... READ MORE
70% of non-English speaking refinancers plan to use a broker
by Reporter • 22 Jun 2023
Fixed-rate borrowers who have English as a second language are more likely to use a broker to refinance than native... READ MORE
Brokers welcome SA stamp duty changes for FHBs
by Annie Kane • 21 Jun 2023
South Australian brokers have welcomed the state government’s move to scrap stamp duty for first home buyers who... READ MORE
Resimac moves to buy Thorn’s asset finance portfolio
by Annie Kane • 21 Jun 2023
The non-bank lender is set to acquire the majority of the asset finance portfolio from diversified financial services... READ MORE
48% of small businesses concerned about financial future: Xero
by Adrian Suljanovic • 21 Jun 2023
Almost half of small-business owners are worried about their business’s financial future, a new report has... READ MORE
Housing lending up in May: CBA
by Adrian Suljanovic • 21 Jun 2023
The major bank has reported that new housing lending increased during May.
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MFAA backs AFCA’s early triage scheme
by Annie Kane • 20 Jun 2023
The broker association has backed a proposal that would grant the financial complaints body “discretion” to close a... READ MORE
AFG and Brighten announce white label partnership
by Reporter • 20 Jun 2023
AFG brokers will soon be able to access a new white label product, funded by Brighten Home Loans.
READ MORE
Mortgage Choice and Athena launch loan without the ‘loyalty tax’
by Annie Kane • 19 Jun 2023
Mortgage Choice and Athena Home Loans have launched a suite of mortgages designed to help borrowers avoid ‘loyalty... READ MORE
Pricing now top priority in broker recommendations: TPLR
by Annie Kane • 19 Jun 2023
Product pricing is now the leading attribute for brokers making lender recommendations to clients, the Third-Party... READ MORE
Cash property purchases surge: PEXA
by Adrian Suljanovic • 19 Jun 2023
Over a quarter of residential property transactions in Australia’s eastern states were funded without a mortgage... READ MORE
More banks expect rate hike in both July and August
by Annie Kane • 19 Jun 2023
Westpac has joined the growing number of economists forecasting a double hit to the cash rate in the next two... READ MORE
Resimac’s Rodney Cottam to run 500km in 106 hours
by Reporter • 16 Jun 2023
After having run 350km* over five days last year, Resimac regional sales manager Rodney “Rocket” Cottam has set... READ MORE
Compare n Save partners with BGL
by Annie Kane • 16 Jun 2023
The mortgage broking fulfilment fintech has been selected to provide loan comparison solutions to BGL’s Simple Fund... READ MORE
Hot Property: The biggest property headlines from week 12–16 June
by Adrian Suljanovic • 16 Jun 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 16... READ MORE
Broker clients overwhelmingly getting a better deal: Assistant...
by Annie Kane • 15 Jun 2023
Stephen Jones MP, Assistant Treasurer and Financial Services Minister, has flagged that broker clients are “finding a... READ MORE
8 non-banks leading the way on products, say brokers
by Reporter • 15 Jun 2023
Brokers have had their say and eight non-bank lenders have come out on top for the Non-Bank Product of Choice Survey... READ MORE
Registrations open for SME Broker Bootcamp 2023
by Malavika Santhebennur • 15 Jun 2023
For the first time ever, the free bootcamp will unpack the entire SME lending journey and provide tips on how brokers... READ MORE
New open banking platform launches for brokers
by Annie Kane • 14 Jun 2023
Mortgage brokers can access live loan information for all their customers using a new open banking platform,... READ MORE
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