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Breaking News
MONEYME launches discounted EV loans
by Reporter • 13 Jun 2023
The digital lender has announced the launch of discounted rates on loans for electric vehicles.
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Australian banking outlook ‘deteriorating’: Fitch
by Reporter • 13 Jun 2023
Sharemarkets have been rattled by the ratings agency’s decision to downgrade the outlook for Australian and New...
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Rent freezes and rent caps must be put to rest: REIA
by Reporter • 13 Jun 2023
The Real Estate Institute of Australia (REIA) is urging an end to the prolonged speculation surrounding rent freezes,...
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Over 40% of house and unit markets record double-digit rent rise:...
by Reporter • 12 Jun 2023
CoreLogic has recorded the strongest annual rent increase for the nation’s capitals, with Perth reporting a 13 per...
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WA government to introduce new tenancy laws
by Adrian Suljanovic • 12 Jun 2023
The McGowan government is progressing reforms to its state tenancy laws to “strike a balance between tenants and...
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Auction activity slowed by King’s Birthday
by Kyle Robbins • 12 Jun 2023
After months of incredibly high activity, national auction activity is expected to decline 40 per cent this week as a...
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FBAA head ‘dumbfounded’ by RBA governor comments
by Annie Kane • 9 Jun 2023
The head of the broker association has hit back at governor Philip Lowe’s comments that people could reduce spending...
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Borrowers ‘would be crazy’ not to see a broker: MFAA
by Annie Kane • 9 Jun 2023
As lenders are passing on the June rate hike to mortgagors — and with more hikes expected to come — the MFAA has...
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Broker channel dominates banks’ mortgage business
by • 9 Jun 2023
A new survey revealed that up to 80 per cent of mortgage business is conducted through the broker channel, representing...
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Hot Property: The biggest property headlines from week 5–9 June
by Adrian Suljanovic • 9 Jun 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 9...
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Terminal rate forecasts rejigged following RBA decision
by Annie Kane • 8 Jun 2023
Several economists have increased their terminal cash forecasts after the central bank hiked rates and foreshadowed...
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Property prices could hit new peak by January: PropTrack
by Adrian Suljanovic • 8 Jun 2023
Australian property prices could go back to positive annual growth, hitting new highs in January, if the pace of growth...
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Fintech hires new state manger Qld, NT, and WA
by Adrian Suljanovic • 8 Jun 2023
The fintech platform has announced Adam Barker as its new state manager for Queensland, Northern Territory, and Western...
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CBA hit with record fine for breaching spam laws
by • 7 Jun 2023
The communications watchdog has slammed the Commonwealth Bank with a $3.55 million fine for breaching spam laws.
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Refinance challenges ahead as rates rise
by • 7 Jun 2023
In a recent survey, brokers have expressed concerns about the impact of rising interest rates and longer processing...
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Fintech lender prices ABS transaction
by Adrian Suljanovic • 7 Jun 2023
The fintech lender has announced the pricing of a $406 million asset-backed securities transaction covering automotive...
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2 major banks announce head of broker changes
by Annie Kane • 6 Jun 2023
Two big four banks have announced changes to their head of broker channel.
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Rate hike to 'tip people into financial hardship', warns broker
by Adrian Suljanovic • 6 Jun 2023
The RBA's latest rate hike could potentially push people into more financial hardship, a broker has warned.
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Mortgage stress hits 15-year high
by • 6 Jun 2023
A growing number of Australians face potential mortgage stress, ahead of the central bank’s monetary policy meeting...
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Fixed-rate roll-offs to double each month to December: Connective
by Annie Kane • 6 Jun 2023
For every month between now and December, the volume of fixed-rate loans expiring at Connective will be double what...
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Brokers drive strong uptake in Shift equipment line transactions
by Annie Kane • 6 Jun 2023
Seventy per cent of Shift’s equipment line transactions have been originated by the broker channel, the SME lender...
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LMG appoints executive CISO
by Reporter • 6 Jun 2023
The aggregator has announced the appointment of Luke Jarmaine as its new CISO to further protect brokers and clients...
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How brokers are helping borrowers navigate the fixed-rate cliff
by Annie Kane • 5 Jun 2023
With hundreds of thousands of borrowers rolling off their fixed-rate mortgages, we ask brokers what they are doing to...
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Lender penalised for charging excessive interest to consumers: ASIC
by Adrian Suljanovic • 5 Jun 2023
The Federal Court has issued a penalty to a lender that was found to charge excessive interest rates on its consumers.
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Mortgage Choice launches campaign to recruit more female brokers
by Reporter • 5 Jun 2023
The brokerage group today (5 June) launched a new campaign to help increase the number of women in the mortgage broking...
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