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June rate hike passed on by banks
by Adrian Suljanovic • 14 Jun 2023
The central bank’s most recent rate hike has been passed on by the nation’s banks.
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ASIC bans credit broker following fraud convictions
by Adrian Suljanovic • 14 Jun 2023
The regulatory body has permanently banned a Sydney-based credit broker from providing financial services or engaging... READ MORE
65% of broker back book not on most competitive loan
by Annie Kane • 14 Jun 2023
Nearly two-thirds of a broker’s existing mortgage clients could be on a better offer, new data from loan book... READ MORE
Buffer changes benefit 3 in 10 mortgage prisoners
by Annie Kane • 14 Jun 2023
Thirty per cent of ‘mortgage prisoners’ may now be able to refinance, as more lenders reduce serviceability... READ MORE
Lendi Group regains lost market share
by Reporter • 13 Jun 2023
The mortgage broking group has announced it has regained lost market share two years on from its merger with Aussie... READ MORE
MONEYME launches discounted EV loans
by Reporter • 13 Jun 2023
The digital lender has announced the launch of discounted rates on loans for electric vehicles.
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Australian banking outlook ‘deteriorating’: Fitch
by Reporter • 13 Jun 2023
Sharemarkets have been rattled by the ratings agency’s decision to downgrade the outlook for Australian and New... READ MORE
Rent freezes and rent caps must be put to rest: REIA
by Reporter • 13 Jun 2023
The Real Estate Institute of Australia (REIA) is urging an end to the prolonged speculation surrounding rent freezes,... READ MORE
Over 40% of house and unit markets record double-digit rent rise:...
by Reporter • 12 Jun 2023
CoreLogic has recorded the strongest annual rent increase for the nation’s capitals, with Perth reporting a 13 per... READ MORE
WA government to introduce new tenancy laws
by Adrian Suljanovic • 12 Jun 2023
The McGowan government is progressing reforms to its state tenancy laws to “strike a balance between tenants and... READ MORE
Auction activity slowed by King’s Birthday
by Kyle Robbins • 12 Jun 2023
After months of incredibly high activity, national auction activity is expected to decline 40 per cent this week as a... READ MORE
FBAA head ‘dumbfounded’ by RBA governor comments
by Annie Kane • 9 Jun 2023
The head of the broker association has hit back at governor Philip Lowe’s comments that people could reduce spending... READ MORE
Borrowers ‘would be crazy’ not to see a broker: MFAA
by Annie Kane • 9 Jun 2023
As lenders are passing on the June rate hike to mortgagors — and with more hikes expected to come — the MFAA has... READ MORE
Broker channel dominates banks’ mortgage business
by • 9 Jun 2023
A new survey revealed that up to 80 per cent of mortgage business is conducted through the broker channel, representing... READ MORE
Hot Property: The biggest property headlines from week 5–9 June
by Adrian Suljanovic • 9 Jun 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 9... READ MORE
Terminal rate forecasts rejigged following RBA decision
by Annie Kane • 8 Jun 2023
Several economists have increased their terminal cash forecasts after the central bank hiked rates and foreshadowed... READ MORE
Property prices could hit new peak by January: PropTrack
by Adrian Suljanovic • 8 Jun 2023
Australian property prices could go back to positive annual growth, hitting new highs in January, if the pace of growth... READ MORE
Fintech hires new state manger Qld, NT, and WA
by Adrian Suljanovic • 8 Jun 2023
The fintech platform has announced Adam Barker as its new state manager for Queensland, Northern Territory, and Western... READ MORE
CBA hit with record fine for breaching spam laws
by • 7 Jun 2023
The communications watchdog has slammed the Commonwealth Bank with a $3.55 million fine for breaching spam... READ MORE
Refinance challenges ahead as rates rise
by • 7 Jun 2023
In a recent survey, brokers have expressed concerns about the impact of rising interest rates and longer processing... READ MORE
Fintech lender prices ABS transaction
by Adrian Suljanovic • 7 Jun 2023
The fintech lender has announced the pricing of a $406 million asset-backed securities transaction covering automotive... READ MORE
2 major banks announce head of broker changes
by Annie Kane • 6 Jun 2023
Two big four banks have announced changes to their head of broker channel.
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Rate hike to 'tip people into financial hardship', warns broker
by Adrian Suljanovic • 6 Jun 2023
The RBA's latest rate hike could potentially push people into more financial hardship, a broker has warned.
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Mortgage stress hits 15-year high
by • 6 Jun 2023
A growing number of Australians face potential mortgage stress, ahead of the central bank’s monetary policy meeting... READ MORE
Fixed-rate roll-offs to double each month to December: Connective
by Annie Kane • 6 Jun 2023
For every month between now and December, the volume of fixed-rate loans expiring at Connective will be double what... READ MORE
Brokers drive strong uptake in Shift equipment line transactions
by Annie Kane • 6 Jun 2023
Seventy per cent of Shift’s equipment line transactions have been originated by the broker channel, the SME lender... READ MORE
LMG appoints executive CISO
by Reporter • 6 Jun 2023
The aggregator has announced the appointment of Luke Jarmaine as its new CISO to further protect brokers and clients... READ MORE
How brokers are helping borrowers navigate the fixed-rate cliff
by Annie Kane • 5 Jun 2023
With hundreds of thousands of borrowers rolling off their fixed-rate mortgages, we ask brokers what they are doing to... READ MORE
Lender penalised for charging excessive interest to consumers: ASIC
by Adrian Suljanovic • 5 Jun 2023
The Federal Court has issued a penalty to a lender that was found to charge excessive interest rates on its... READ MORE
Mortgage Choice launches campaign to recruit more female brokers
by Reporter • 5 Jun 2023
The brokerage group today (5 June) launched a new campaign to help increase the number of women in the mortgage broking... READ MORE
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