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AMP Bank ‘sticking with 3%’ buffer for now
by Annie Kane • 2 Jun 2023
The non-major bank has said it is “sticking with a 3 per cent buffer” on its loans as it considers it to be “very...READ MORE
MA Money appoints head of sales and strategic partnership
by Adrian Suljanovic • 2 Jun 2023
The non-bank lender has announced the appointment of Alex Brgudac as the company’s new head of sales and strategic... READ MORE
MFAA announces new Qld state manager
by Adrian Suljanovic • 2 Jun 2023
The MFAA has appointed Chad Hoy Poy as its new state manager for Queensland.
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Hot Property: The biggest property headlines from week 29 May to 2...
by Adrian Suljanovic • 2 Jun 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 2... READ MORE
The fixed-rate cliff arrives
by Annie Kane • 1 Jun 2023
The bulk of super-low fixed-rate loans will be expiring over the next few weeks onto much higher revert rates, but APRA... READ MORE
Student debt hampers borrowers’ serviceability
by • 1 Jun 2023
Lingering university debt will put home ownership further out of reach for many Australians, as home loan... READ MORE
Owner-occupied lending lifts more than $5bn in April
by • 1 Jun 2023
Australian banks’ total mortgage portfolio surpasses $2 trillion, as owner-occupied lending continues to... READ MORE
Major bank announces 2 appointments
by Adrian Suljanovic • 1 Jun 2023
The major bank has announced the appointment of a new chief information security officer and a new board... READ MORE
Broker market share hits March quarter record: MFAA
by Adrian Suljanovic • 31 May 2023
The MFAA has confirmed mortgage broker market share has reached a new milestone for the March quarter.
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15% of FHBs facing ‘mortgage prison’: Lendi
by Annie Kane • 31 May 2023
More than 15 per cent of first home buyers have a loan-to-value ratio over 90 per cent and could find it difficult to... READ MORE
Brokers complete 1,115km bike ride from Sydney to Melbourne
by Annie Kane • 31 May 2023
Victoria-based brokers Jason Butcher and Ashley Jones have completed a 1,115km bike ride from Sydney to Melbourne to... READ MORE
SMEs avoid personal finance to fund business costs: ScotPac
by Reporter • 31 May 2023
Small businesses are steering clear from personal finance to fund business costs, a new report reveals.
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‘Less favourable conditions’ drag rental investments down: Report
by • 30 May 2023
Increased mortgage repayments and declining housing finance have made conditions less favourable for investors, despite... READ MORE
SME lender flags importance of brokers at EOFY
by Adrian Suljanovic • 30 May 2023
The SME lender has encouraged small businesses to act fast to take advantage of EOFY tax breaks with assistance from... READ MORE
Consumer spending dip signals rate pause: CBA
by Charbel Kadib • 30 May 2023
A sharper-than-expected fall in retail spending is “just what the Reserve Bank wants to see” ahead of its next... READ MORE
ING, Suncorp repeal cashback offers
by Annie Kane • 29 May 2023
Two non-major banks have become the latest lenders to confirm they will be pulling their cashback offers from market in... READ MORE
Another major bank dumps cashbacks
by Adrian Suljanovic • 29 May 2023
A third major bank has announced it would cease offering cashbacks.
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88.1% of property sales settled on 1st date: PEXA
by Adrian Suljanovic • 29 May 2023
A PEXA report has revealed a high number of property sales were settled on the first date by Australian... READ MORE
Light shed on BNPL contribution to economy: Report
by Maja Garaca Djurdjevic • 29 May 2023
A new report has emphasised the BNPL sector’s key contribution to the Australian... READ MORE
Battle of the Fast Fintechs - LoanOptions.ai networking day
by LoanOptions.ai • 29 May 2023
Despite it being a cool morning on 26 May, things were heating up at Luddenham Raceway, as members of the fintech... READ MORE
Cyber attack “materially worsened” non-bank lender's bottom line
by • 26 May 2023
A non-bank lender expects to incur more than $50 million in total costs following a cyber attack.
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AFG to enable brokers to recommend loans with 1% buffer
by Annie Kane • 26 May 2023
The aggregation group has changed its policy to allow brokers to recommend to ‘mortgage prisoners’ loans that have... READ MORE
MFAA CEO unpacks vision for the future of broking
by Annie Kane • 26 May 2023
The chief executive of the Mortgage & Finance Association of Australia has said the future of broking looks bright... READ MORE
Brokers ‘left behind’ by slow digital ID adoption: Broker
by • 26 May 2023
While lenders are embracing digital ID verification processes, one mortgage broker said there is a lack of... READ MORE
Hot Property: The biggest property headlines from week 22–26 May
by Adrian Suljanovic • 26 May 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 26... READ MORE
Perth broker attempts to become 1st person to row non-stop to Africa
by Annie Kane • 25 May 2023
Strawberry Finance broker Rob Barton is 30 days into a Guinness World Records Challenge to become the first person to... READ MORE
Broker urges industry to lift SMSF loan writing standards
by James Mitchell • 25 May 2023
A Sydney mortgage broker has warned of the lending advice risks within the SMSF lending sector and is calling for... READ MORE
Deposit Power appoints 2 BDMs
by Adrian Suljanovic • 25 May 2023
The deposit bond provider has announced the appointments of Chris Christofilos and Vy Le as the company’s new... READ MORE
Plenti sees record volume of broker-originated loans
by Annie Kane • 25 May 2023
The personal lender has seen broker originations hit a new record, rising 23 per cent in the year to March, according... READ MORE
Vic stamp duty change should ‘pique interest’ in commercial...
by • 24 May 2023
The state government’s move to abolish stamp duty on certain properties could spark more commercial property... READ MORE
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