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Breaking News
33% lift in financing over past 12 months: HomeStart
by Adrian Suljanovic • 17 Jul 2023
The South Australian government has announced an increase in home finances through its HomeStart scheme over the last...
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Michele Bullock to become first female RBA governor
by Annie Kane • 14 Jul 2023
The federal government has confirmed Michele Bullock will become governor of the Reserve Bank of Australia in...
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Brokers ‘really important’ to customer support: CBA CEO
by Adrian Suljanovic • 14 Jul 2023
CBA’s chief executive has highlighted the importance of brokers in supporting its customer base.
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Major banks experience almost 4% mortgage loss: Westpac CEO
by • 14 Jul 2023
The major bank’s chief executive has stated that the banking sector is currently witnessing the highest level of...
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Fighting scams requires a ‘big Australia moment’: NAB CEO
by Reporter • 14 Jul 2023
The chief executive of the National Australia Bank has called on all of Australia to help tackle SMS-based financial...
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Hot Property: The biggest property headlines from week 10–14 July
by Adrian Suljanovic • 14 Jul 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 14...
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NAB CEO highlights broker role in refinance market
by Annie Kane • 13 Jul 2023
Brokers have been helping maintain a steady level of interest in refinancing, the major bank chief executive has said,...
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Fixed-rate borrowers ‘less stressed’ than others: ANZ
by Adrian Suljanovic • 13 Jul 2023
The major bank’s chief executive has suggested those facing the mortgage cliff are feeling less stress than other...
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Voluntary anti-scam code wouldn’t stop scams: Shayne Elliott
by Reporter • 13 Jul 2023
The chief executive of ANZ bank has said that he would not sign up to any code that called on banks to refund any more...
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RBA agrees to implement structural changes
by • 12 Jul 2023
The central bank has acknowledged 10 recommendations from the RBA review.
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Lenders urged to help with cost-of-living pressures
by Adrian Suljanovic • 12 Jul 2023
Borrowers believe lenders should help them ease cost-of-living burdens, new research has found.
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Prospa establishes $12m debt facility
by Reporter • 12 Jul 2023
The group has announced that it has signed and closed a corporate debt facility valued at $12 million.
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Lowest growth rate in construction costs since 2020: CoreLogic
by Adrian Suljanovic • 12 Jul 2023
Construction costs have eased in the June quarter following two years of persistent price increases in building or...
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In Memoriam: Craig ‘Bakes’ Bacon, 1967–2023
by Annie Kane • 11 Jul 2023
Craig ‘Bakes’ Bacon, a financial services specialist and former head of broker relationships at NAB (2003–07),...
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MOVE Bank reaffirms broker channel commitment
by Annie Kane • 11 Jul 2023
The chief executive of the mutual lender has said the bank is focused on growing its broker channel, under the...
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Almost 50% of businesses feel ‘worse off’: Roy Morgan
by • 11 Jul 2023
Australian businesses are growing increasingly concerned about the future economic growth of the country, according to...
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Rental affordability under the spotlight
by • 11 Jul 2023
In response to the worsening rental crisis in Australia, a new Senate inquiry has been launched to address the issue of...
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In Memoriam: Mick McClure, 1953–2023
by Annie Kane • 10 Jul 2023
Mick McClure, the founder of sub-aggregation group Buyers Choice and a pioneer of sub-aggregation in Australia, has...
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Broking industry calls out CBA clawback move
by Adrian Suljanovic • 10 Jul 2023
Members of the broking industry have spoken out against the major bank’s new clawback policy.
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Rodney ‘Rocket’ Cottam completes 5-day running challenge
by Annie Kane • 7 Jul 2023
Resimac’s regional sales manager has crossed the finish line in Sydney after running from Coffs Harbour to Sydney in...
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FBAA memberships break 11k
by Reporter • 7 Jul 2023
The Finance Brokers Association of Australia has announced its membership numbers have hit a new record.
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NAB to introduce reduced buffers
by Annie Kane • 7 Jul 2023
A third big four bank is set to introduce a policy exception to enable certain refinancing borrowers to pass a lower...
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Brokers paramount in navigating deposit hurdles: Helia
by • 7 Jul 2023
As first home buyers are faced with increasing challenges in saving for a deposit, many are exploring alternative...
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Hot Property: The biggest property headlines from week 3–7 July
by Adrian Suljanovic • 7 Jul 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 7...
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Matt Wood to head up broker channel at Bank Australia
by Annie Kane • 6 Jul 2023
The former head of mortgage distribution at Citi is set to join the customer-owner lender as its new national manager,...
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