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Breaking News
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...
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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...
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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...
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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...
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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...
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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 lenders.
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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 economy.
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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MFAA appoints new board director
by Adrian Suljanovic • 24 May 2023
The Mortgage and Finance Association of Australia has announced the appointment of Katherine McDermott as a director to...
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New CEO, CTO announced at diñeiro
by Annie Kane • 24 May 2023
Industry marketing specialist Andrew Gooding has been named the new chief executive of the personal finance management...
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Alex Bank hires NSW/ACT BDM
by Adrian Suljanovic • 24 May 2023
The digital bank has announced the appointment of Oyishi Haque as its new business development manager for NSW/ACT.
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Victoria to axe stamp duty on commercial real estate
by • 23 May 2023
As part of the state budget released today (23 May), the Victorian government has announced plans to abolish stamp duty...
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Broking industry welcomes move to regulate BNPL
by Annie Kane • 23 May 2023
Several members of the mortgage broking industry have welcomed the news that the buy now, pay later sector is set to be...
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