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Stronger broker reference checks legislation passed
by Annie Kane • 6 Sep 2023
Legislation has been passed that will bring in better reference checking protocols for the mortgage broking industry. READ MORE

Major bank to acquire invoice lender
by Annie Kane • 6 Sep 2023
A big four bank is set to expand its working capital solutions offering after agreeing to acquire an invoice lending... READ MORE

Brokers wrote over two-thirds of home loans in June quarter
by Josh Needs • 6 Sep 2023
While the proportion of broker-originated mortgages has dropped marginally, the chief executive of the MFAA has said... READ MORE

Westpac faces court over alleged failures in processing hardship...
by Josh Needs • 6 Sep 2023
ASIC has commenced civil proceedings against the major bank for allegedly failing to process 229 hardship applications... READ MORE

Funding.com.au partners with Finsure
by Reporter • 6 Sep 2023
The bridging loan specialist has partnered with Finsure, opening its product range to the aggregator’s brokers. READ MORE

Another welcomed cash rate hold as Lowe departs
by Adrian Suljanovic • 5 Sep 2023
The central bank has announced its decision to hold the official cash rate as the RBA governor wraps up his tenure. READ MORE

Low possibility of rate hike in September
by Adrian Suljanovic • 5 Sep 2023
The likelihood of a rate hike during today’s monetary policy meeting seems to be slim on the back of... READ MORE

Supply chain finance misuse flagged to government
by Annie Kane • 5 Sep 2023
The government should ban the “predatory use of supply chain finance”, along with other unfair conduct when it... READ MORE

Brokers hold key position in assisting borrowers in hardship
by Josh Needs • 5 Sep 2023
As the “point of contact” between the borrower and lender, brokers have an important role in helping those who... READ MORE

How private lending could give brokers the edge
by Malavika Santhebennur • 5 Sep 2023
Rather than lose SME clients with unconventional finance needs to a competitor, brokers could use private lenders to... READ MORE

Grow Finance pulls out of invoice finance and trade finance
by Annie Kane • 4 Sep 2023
The SME lender has ceased offering invoice and trade finance products, with its existing facilities being sold to... READ MORE

BCCC calls for brokers to check prospective guarantors
by Josh Needs • 4 Sep 2023
The Banking Code Compliance Committee has suggested that all banks should require brokers to provide assurances that... READ MORE

Aggregator partners with diñeiro
by Annie Kane • 4 Sep 2023
The boutique aggregator is to roll out a white labelled version of the open banking platform to provide broker clients... READ MORE

2 more mutuals announce intention to merge
by Annie Kane • 1 Sep 2023
Two customer-owned lenders have announced that they intend to merge, with member votes expected later this year. READ MORE

Prices surge as spring selling season starts
by Adrian Suljanovic • 1 Sep 2023
Home prices continued their upward trajectory in August, with expectations the spring selling season will start with a... READ MORE

Home owners unaware of variable rate post roll-off: AMP Bank

by Adrian Suljanovic • 1 Sep 2023
Research from the non-major bank has found almost 70 per cent of borrowers don’t know their variable rates after... READ MORE

Salt&Lime joins Finsure’s lending panel
by Josh Needs • 1 Sep 2023
The new lender, which has seen strong growth in the broker channel, is now available to Finsure members. READ MORE

Hot Property: The biggest property headlines from week 28 August–1...
by Adrian Suljanovic • 1 Sep 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 1... READ MORE

Reverse mortgages surge creates broker opportunities: Heartland
by • 31 Aug 2023
As Australia’s ageing population grapples with cost-of-living challenges, a non-bank lender is urging brokers to seek... READ MORE

Shift welcomes new head of broker sales
by Annie Kane • 31 Aug 2023
A Macquarie Group veteran has joined the SME lender as its new head of broker sales. READ MORE

Prospa anticipates uncertainty in SME sector
by Adrian Suljanovic • 31 Aug 2023
The non-bank lender foresees an ongoing period of economic uncertainty in the small-business sector. READ MORE

LMG augments its asset finance sales team 
by Josh Needs • 31 Aug 2023
The asset finance arm of the aggregation group has added three growth managers and three business development managers... READ MORE

Investor comeback expected as rate forecasts ease
by • 30 Aug 2023
While rate hikes prompted investors to divest, economists anticipate a surge in investment property purchases. READ MORE

YBR looks to grow broker numbers in FY24
by Josh Needs • 30 Aug 2023
The financial services group has said it is looking to generate growth across its pillars in a brighter financial year... READ MORE

AFG adds HSBC Australia to its lending panel
by Adrian Suljanovic • 30 Aug 2023
The aggregator has announced that the international bank’s home loan product range has now been made accessible for... READ MORE