Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

FBAA to launch new consumer website, open NZ arm
by Annie Kane • 3 Nov 2023
A new consumer-facing website that links borrowers with FBAA members and the establishment of a new arm in New Zealand... READ MORE

‘Is this the return of first home buyers?’
by • 3 Nov 2023
Brokers have noticed a resurgence of interest among opportunistic first home buyers who are trying their luck at... READ MORE

Are your clients suffering cash flow problems? 
by Josh Needs • 3 Nov 2023
With potentially $22 billion in unpaid invoices this festive season, brokers could benefit by reaching out to help... READ MORE

Hot Property: The biggest property headlines from week 30 October to...
by Adrian Suljanovic • 3 Nov 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 3... READ MORE

Suncorp Bank appoints new CEO
by Adrian Suljanovic • 2 Nov 2023
The non-major bank has appointed Bruce Rush as its new chief executive. READ MORE

Money Quest Group acquires Southern Cross Broker Network
by Annie Kane • 2 Nov 2023
The group has made its fifth acquisition as it looks to strengthen and broaden its aggregation proposition. READ MORE

Diversification levels reach near-record level
by • 2 Nov 2023
The number of mortgage brokers who also write commercial loans has increased to the second-highest level to date. READ MORE

Broker association calls for balance with SME finance complaints 
by Josh Needs • 2 Nov 2023
Six recommendations have been put forward to the complaints body by the MFAA regarding the handling of small-business... READ MORE

Unpaid invoices mean SMEs face potential $22bn shortfall
by Josh Needs • 2 Nov 2023
Small businesses look to be facing cash flow concerns this festive season, according to an accounting platform. READ MORE

Home loans are the most reported licensee breach: ASIC
by Josh Needs • 1 Nov 2023
Credit issues are the most common issues reported to ASIC under the reportable situations regime. READ MORE

Lumi unveils rate-reducing business loan
by Annie Kane • 1 Nov 2023
A new feature that automatically decreases the interest rate on business loans for certain SME borrowers has been... READ MORE

In Memoriam: Ruth Cresswell, 1968–2023
by Annie Kane • 1 Nov 2023
Ruth Patricia Cresswell, a veteran broker relationship manager and sales manager, has passed away unexpectedly at the... READ MORE

Submissions open for Top 25 Brokerages 2024
by Reporter • 1 Nov 2023
The Adviser is calling for submissions from brokerages across Australia for the Top 25 Brokerages 2024, partnered by... READ MORE

Brokers settled record home loans: MFAA
by • 31 Oct 2023
Brokers have maintained a strong market share position, with the third-party channel settling over $350 billion in home... READ MORE

Pepper Money announces commercial mortgage policy changes
by Adrian Suljanovic • 31 Oct 2023
The non-bank lender has announced a series of commercial real estate policy improvements to further assist its brokers... READ MORE

Prospa originations down 31%
by Adrian Suljanovic • 31 Oct 2023
The non-bank lender announced a drop in originations for the quarter ended 30 September 2023 as it continues to tighten... READ MORE

Wisr book drops after ‘deliberate moderation’
by Josh Needs • 31 Oct 2023
The non-bank lender saw its loan book and originations drop in the first quarter of the financial year 2024, which it... READ MORE

MyState appoints new head of broker distribution
by Annie Kane • 30 Oct 2023
A former broker-turned-business relationship manager has become the head of broker distribution at the non-major bank. READ MORE

New housing lending bounces back after consecutive declines: CBA
by Adrian Suljanovic • 30 Oct 2023
The major bank has reported a lift in new housing lending in September following three months of falls. READ MORE

Inflation ‘higher than anticipated’: McEwan
by Adrian Suljanovic • 30 Oct 2023
Last week’s third quarter inflation data came back higher than forecast, the major bank’s chief executive has said,... READ MORE

How SMEs are tapping into the climate tech boom
by Adrian Suljanovic • 30 Oct 2023
For Australian businesses speeding towards net-zero carbon footprint, climate tech is prophesied to play a critical... READ MORE

Challenging conditions to continue: Liberty 
by Josh Needs • 27 Oct 2023
The financial services group has forecast ongoing challenging conditions despite seeing loan portfolio growth in 1Q24. READ MORE

50% increase in cyber criminal attempts on brokers: Connective
by Josh Needs • 27 Oct 2023
The aggregator has recorded a 50 per cent increase in fraudulent attempts on its brokers and clients over the last 12... READ MORE

FBAA ‘not surprised’ by low broker complaints
by Josh Needs • 27 Oct 2023
The association has said the low number of broker complaints found by AFCA was unsurprising based on previous data. READ MORE

Commercial property resilient in the face of economic headwinds
by • 27 Oct 2023
Despite global economic challenges and increased risks in commercial real estate, the Australian commercial property... READ MORE