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Pepper prices $675m RMBS
by Reporter • 3 May 2023
The non-bank lender has priced its second public securitisation in 2023.
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Adelaide Bank scraps upfront fees
by Reporter • 3 May 2023
The bank has indefinitely removed upfront home loan fees for new customers, reducing the cost of its mortgage by around... READ MORE
Mortgage Choice appoints head of broker growth
by Adrian Suljanovic • 2 May 2023
Timothy Schneider has been appointed as Mortgage Choice’s head of broker growth.
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MFAA welcomes 2 new state managers
by Adrian Suljanovic • 2 May 2023
The Mortgage and Finance Association of Australia has appointed Bob Masalkovski and Maree Maditianos as new state... READ MORE
RBA resumes rate rampage
by Adrian Suljanovic • 2 May 2023
Mortgagor rate relief ruined as the Reserve Bank lifts rates for the 11th time in a year.
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Zip Business to close
by Annie Kane • 1 May 2023
After slimlining its product offering last year, the SME lender has now begun a full ‘winding down’ of its... READ MORE
Home Guarantee Scheme to expand from 1 July
by Annie Kane • 1 May 2023
More people will be able to access the Home Guarantee Scheme in the new financial year, as the government announces a... READ MORE
Bank launches ‘mortgage broking financing’ offering
by Annie Kane • 1 May 2023
Brokers can now access funding specifically aimed at helping them grow their business as part of a non-major bank’s... READ MORE
APRA buffer ‘unfair trap’ for mortgagors, CEO says
by Adrian Suljanovic • 1 May 2023
Rate Money chief executive Ryan Gair has called for the removal of APRA’s loan serviceability buffer as the... READ MORE
Pepper notes slowdown in mortgage applications
by Annie Kane • 1 May 2023
The non-bank lender saw the volume of mortgage applications drop 36 per cent in the 12 months to March 2023, as home... READ MORE
Lenders welcome move to ban credit cards for online gambling
by Annie Kane • 1 May 2023
The banking industry has welcomed the news that the federal government will ban the use of credit cards for online... READ MORE
SME confidence ‘negative’ in Q1 despite resilience
by Adrian Suljanovic • 1 May 2023
A major bank’s quarterly survey on small and medium-sized enterprises has revealed business confidence has remained... READ MORE
SMEs switch to non-banks during trying times
by • 28 Apr 2023
Despite many small- to medium-sized businesses making plans for growth, tightened lending conditions are encouraging... READ MORE
SME lender reports rise in originations for 3Q23
by Adrian Suljanovic • 28 Apr 2023
Prospa Group Limited has released a trading update for the quarter ended 31 March 2023, reporting lifts in originations... READ MORE
Aggregator appoints new state director
by Adrian Suljanovic • 28 Apr 2023
Trent Clyne has been appointed to the role of state director for Loan Market’s Queensland network.
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Hot Property: The biggest property headlines from week 24–28 April
by Adrian Suljanovic • 28 Apr 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 28... READ MORE
CDR action initiation would benefit brokers, FBAA tells Senate
by Annie Kane • 27 Apr 2023
Expanding the Consumer Data Right to give brokers ‘action initiation’ privileges would benefit mortgage borrowers,... READ MORE
Submissions open for Australian Broking Awards 2023
by Malavika Santhebennur • 27 Apr 2023
Nominations and submissions have opened for this year’s Australian Broking Awards, run with the support of principal... READ MORE
Cyber attack to weigh on non-bank lender’s bottom line
by • 27 Apr 2023
A non-bank lender has acknowledged the major impact of a cyber attack last month on the company.
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Brighten launches bridging loan product
by Adrian Suljanovic • 27 Apr 2023
A non-bank lender has introduced its new short-term bridging loan product aimed at alleviating pain points associated... READ MORE
Brokers flocked to major banks in March: Broker Pulse
by Malavika Santhebennur • 26 Apr 2023
The proportion of brokers recommending the big four to their clients rose to its second-highest level on record,... READ MORE
MFAA launches new digital marketing e-book
by Adrian Suljanovic • 26 Apr 2023
The Mortgage and Finance Association of Australia has released a new digital guide helping brokers build an effective... READ MORE
AI could help improve energy efficiency for Australian homes
by Reporter • 26 Apr 2023
CoreLogic, in collaboration with the national science agency, CSIRO, is trialling a new artificial intelligence system... READ MORE
WCFF appoints 3 new board members
by • 26 Apr 2023
The Women’s Commercial Finance Forum has appointed three new directors to continue supporting women in commercial... READ MORE
Firstmac receives $40m green loan investment
by Adrian Suljanovic • 24 Apr 2023
A non-bank lender has received a $40 million investment by the CEFC to provide discounted finance for its retail green... READ MORE
Victorian government compensates Porter Davis collapse victims
by Annie Kane • 24 Apr 2023
Home owners impacted by the Porter Davis collapse may be eligible for compensation as part of a new initiative from the... READ MORE
Zarko Jokic joins Credit Fix Solutions
by Annie Kane • 24 Apr 2023
The former MFAA state manager for NSW/ACT, Zarko Jokic, has joined the credit repair company as its inaugural industry... READ MORE
LMG appoints new exec member
by Reporter • 24 Apr 2023
Cherie Bell has joined the aggregator’s executive team, tasked with unlocking more revenue opportunities for... READ MORE
Should the RBA board only meet 8 times a year?
by Annie Kane • 21 Apr 2023
OPINION An RBA fit for the future has suggested that the central bank should have two boards and should meet eight... READ MORE
Business activity returns to pre-COVID-19 levels: CreditorWatch
by • 21 Apr 2023
Despite high inflation and rising interest rates, credit inquiries increased by almost 30 per cent in the month to... READ MORE
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