Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

NSW government to raise stamp duty threshold
by Adrian Suljanovic • 23 May 2023
The Minns government is set to introduce new legislation to lift the threshold for stamp duty exemptions. READ MORE

Bluestone updates logo to better reflect its niches
by Reporter • 23 May 2023
The non-bank lender has updated its logo and tagline to reflect that it offers specialist solutions for borrowers. READ MORE

AI could increase competition in the banking sector

by • 23 May 2023
While artificial intelligence threatens routine jobs, it could also spark increased competition in the banking sector,... READ MORE

Lenders begin tweaking serviceability buffers
by Annie Kane • 22 May 2023
Several lenders have begun lowering their serviceability assessments for certain borrowers in a bid to help more... READ MORE

Don’t pitch refinancing as a savings tool: Marketing coach
by Malavika Santhebennur • 22 May 2023
Brokers are being urged to avoid linking refinancing to terms like “savings” when marketing it to clients, as it... READ MORE

Business trade lifts despite rising costs
by Reporter • 22 May 2023
Despite rising costs and supply constraints, business activity in Australia remained strong in April 2023, new data... READ MORE

AMP hit with $24m penalty
by Reporter • 19 May 2023
AMP Life and AMP Financial Planning have been issued a $24 million penalty for charging deceased customers. READ MORE

Accountancy firm to build ‘largest salaried broker force in the...
by Annie Kane • 19 May 2023
Business advisory, accounting, and assurance business PKF Sydney has hired a former Mortgage Choice director to build... READ MORE

Satisfaction with credit assessors at record high: Broker Pulse
by Malavika Santhebennur • 19 May 2023
Credit assessors earned their highest satisfaction score from brokers in April, according to a new survey. READ MORE

New complaints power must be ‘measured’, say associations
by Annie Kane • 19 May 2023
Careful consideration should be given to how consumer advocacy groups can complain to the ACCC, broking associations... READ MORE

Hot Property: The biggest property headlines from week 15–19 May
by Reporter • 19 May 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 19... READ MORE

Consumer advocacy groups to be able to complain to ACCC
by Annie Kane • 18 May 2023
From mid-2024, consumer and small-business advocates will be able to lodge complaints relating to “systemic consumer... READ MORE

MONEYME originations drop 71% in a year
by Annie Kane • 18 May 2023
Originations at the personal lender plummeted by more than 70 per cent in a year, with just $98 million written in... READ MORE

Victoria and NSW move to strengthen building quality
by Kyle Robbins and Annie Kane • 18 May 2023
The Victorian and NSW state governments have both announced new measures to help improve building quality and protect... READ MORE

ASIC sues Money3 for alleged responsible lending breaches
by Annie Kane • 17 May 2023
The financial services regulator has commenced civil penalty proceedings in the Federal Court against a car loan... READ MORE

Home Guarantee spots remain vacant amid serviceability crunch
by • 17 May 2023
Tight borrowing capacity has resulted in plenty of spots remaining open for the government’s Home Guarantees, a... READ MORE

P&N Group rolls out new broker tech
by Annie Kane • 17 May 2023
The mutual lender has launched a new broker chat function and signed onto another aggregator panel as it ramps up its... READ MORE

Mark Woolnough joins debt consolidation lender
by Annie Kane • 17 May 2023
Former CoreLogic and ING executive Mark Woolnough has joined fintech lender Salt&Lime as its head of distribution... READ MORE

Fintech raises $2.55m to build out 'robo' brokerage
by Annie Kane • 17 May 2023
Fintech mortgage brokerage Finspo has completed a $2.55 million capital round to provide a “fully robo mortgage... READ MORE

Brokers urge more lenders to scrap cashbacks
by Annie Kane • 16 May 2023
Members of the broking industry have welcomed the move by NAB and CBA to scrap cashbacks, but have urged others to... READ MORE

How brokers can set goals and reverse engineer them
by Malavika Santhebennur • 16 May 2023
Setting realistic expectations and taking actionable steps are the cornerstones of broker success, a... READ MORE

ATO to crack down on false property claims
by • 16 May 2023
The ATO will sharpen its focus on rental deductions and capital gains tax next financial year, putting millions of... READ MORE

Economist fears the central bank could tip Australia into recession

by Kyle Robbins • 16 May 2023
Following the central bank’s shock decision to lift the cash rate at its May meeting, one financial expert has warned... READ MORE

Bluestone lifts broker commissions for complex loans
by Reporter • 15 May 2023
The non-bank lender has announced it will be increasing the upfront commission paid to brokers for more multifaceted... READ MORE

High refinance activity driving up trail book run-off
by Adrian Suljanovic • 15 May 2023
The average run-off for a trail book rose to 25 per cent this year, largely driven by higher refinancing activity. READ MORE