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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

Pepper prices $723m ABS
by Annie Kane • 15 May 2023
The non-bank lender has priced a $723.3 million transaction to help it grow its asset finance business. READ MORE

REIQ calls on investors for rental reform campaign
by Adrian Suljanovic • 15 May 2023
REIQ has urged property investors and managers to join a campaign to convince the Queensland government to reconsider... READ MORE

NAB to scrap cashbacks
by Annie Kane • 12 May 2023
A second big four bank has affirmed it will be removing cashback offers in the coming weeks. READ MORE

Is HECS debt still ‘good debt’?
by • 12 May 2023
The once-considered ‘good debt’ will see more than 3 million Australians slugged with a 7 per cent indexation on... READ MORE

Business turnover up for service industry: ABS
by Adrian Suljanovic • 12 May 2023
The latest data on business turnover released by the ABS has revealed rises in 11 of the 13 published industries during... READ MORE

Hot Property: The biggest property headlines from week 8–12 May
by Reporter • 12 May 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 12... READ MORE

Predatory lending and high-cost credit in ASIC’s sights
by Annie Kane • 11 May 2023
Lender misconduct, predatory lending, and high-cost credit are being targeted by the financial services regulator over... READ MORE

Broker heads tentatively welcome no-frills budget
by Annie Kane • 11 May 2023
While the government’s ‘cost of living’ budget has been welcomed, members of the mortgage broking industry have... READ MORE

Small rewards for small business in budget 2023–24
by Annie Kane • 11 May 2023
Members of the SME finance community have lamented that there wasn’t more to help small businesses grow in the... READ MORE

NSW government scraps secret rent bidding loophole
by Adrian Suljanovic • 11 May 2023
The Minns Labor government has introduced a new bill to NSW Parliament to abolish secret rent bidding practices. READ MORE

Mortgagors confidence fell 3.2 points amid 11th rate hike
by • 10 May 2023
Australians’ optimism accumulated ahead of the May cash rate hike was crushed the week succeeding. READ MORE

MFAA launches broker marketing campaign
by Adrian Suljanovic • 10 May 2023
The MFAA has launched a consumer advertising campaign to promote the benefits of using the association’s brokers. READ MORE

The key housing measures of the budget 2023–24
by Annie Kane • 9 May 2023
The federal Treasurer has outlined a range of measures to help tackle the cost of living and improve housing... READ MORE

Industry welcomes bank’s move to scrap cashbacks
by Annie Kane • 9 May 2023
Members of the mortgage broking industry have applauded CBA for scrapping cashbacks with its mortgages. READ MORE

Budget geared to ‘build more supply’, Treasurer pledges 
by • 9 May 2023
Among a swathe of cost-of-living measures, the federal budget released today (9 May) is expected to help boost housing... READ MORE

Lending growth slows for majors, report says
by Adrian Suljanovic • 9 May 2023
A report has shown that loan momentum among the major banks slowed in the six months to March. READ MORE