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Breaking News
Business lending growth outpaces housing growth, ANZ reports
by • 14 Apr 2023
The major bank forecasts private sector credit to grow just 3.7 per cent for the year to December 2023, down from 8.4...
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Alex Bank appoints new state manager
by Adrian Suljanovic • 14 Apr 2023
The digital bank has announced the appointment of Andrew Peng as its new state manager for broker partnerships in...
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Hot Property: The biggest property headlines from week 10–14 April
by Adrian Suljanovic • 14 Apr 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 14...
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AFCA names chief ombudsman
by Reporter • 14 Apr 2023
The financial complaints body has announced who its chief ombudsman and chief executive officer will be for the next...
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Merger laws ‘no longer fit for purpose’: ACCC chair
by Adrian Suljanovic • 13 Apr 2023
ACCC chair Gina Cass-Gottlieb has called for merger law reforms to protect competition in Australia’s current period...
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90% of broker clients want ‘holistic’ lender info
by Adrian Suljanovic • 13 Apr 2023
New research from Great Southern Bank has revealed the majority of Australians believe brokers should provide more...
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ATO to further scrutinise 1.7 million property investors
by Kyle Robbins • 13 Apr 2023
The tax office will collect residential investment property loan data, as part of a regular review.
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Household spending up in Feb: ABS
by Adrian Suljanovic • 13 Apr 2023
The latest Monthly Household Spending Indicator released by the ABS has revealed almost a 12 per cent increase in...
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‘We will not pay a ransom’: Latitude refuses cyber criminals
by Reporter • 12 Apr 2023
The personal lender has refused to pay a ransom to criminals who stole personal identification documents in a cyber...
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Brokers diversifying into commercial lending exceeds 6k: MFAA
by Adrian Suljanovic • 12 Apr 2023
The MFAA has reported the number of mortgage brokers also writing commercial loans has exceeded 6,000 for the first...
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Mortgagor confidence surges amid rate pause
by • 12 Apr 2023
After the central bank hit pause on cash rate hikes this month, mortgage holders’ confidence has lifted sharply, new...
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Business confidence increases as price pressures ease
by • 12 Apr 2023
While inflation remains high, business costs eased in March and brought some reprieve for businesses.
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50% of fixed-rate loans to expire in September, Aussie warns
by • 11 Apr 2023
Aussie Home Loans has revealed that one in five mortgage holders will have their fixed-rate home loan end in the...
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Majors gained market share in September 2022 quarter: MFAA
by Adrian Suljanovic • 11 Apr 2023
The proportion of broker-originated home loans settled with the major banks rose in the September 2022 quarter,...
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Calls for more build-to-rent investment ahead of federal budget
by • 11 Apr 2023
With Australia’s housing supply expected to worsen, the Property Council of Australia is calling for more investment...
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Loan Market adds home equity release lender to panel
by Reporter • 10 Apr 2023
The retail brokerage has welcomed non-bank lender 2Be to its panel, enabling brokers to access its home equity release...
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Resimac donates to tree-planting projects for every loan settled
by Reporter • 7 Apr 2023
The non-bank lender has announced it is now making a financial contribution to native tree-planting projects on behalf...
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MFAA launches new mentoring standards
by Adrian Suljanovic • 6 Apr 2023
The MFAA has updated its standards for mentoring relationships in an effort to enhance the mentoring experience for new...
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‘What’s the alternative?’ RBA governor defends rapid rate hike...
by Annie Kane • 6 Apr 2023
RBA governor Philip Lowe reads of mortgage stress with a ‘heavy heart’ but argues that the 10 consecutive rate...
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Bluestone welcomes new broker support members
by Reporter • 6 Apr 2023
Bluestone Home Loans has welcomed four new team members, as broker demand grows.
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Borrowers scramble to compare home loan rates
by • 5 Apr 2023
The Lendi Group has recorded a 95 per cent jump in Aussies calculating their home loan options, as borrowers search for...
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Finsure appoints 4 to new roles
by Adrian Suljanovic • 5 Apr 2023
The aggregator has made several appointments to its Broker Academy and sales teams.
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Resimac gives brokers access to new NextGen tools
by Adrian Suljanovic • 5 Apr 2023
The non-bank lender has provided accredited brokers with two new digital tools to help streamline the home loan...
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A 'sigh of relief' for borrowers as RBA holds
by Adrian Suljanovic • 4 Apr 2023
The Reserve Bank of Australia has made the decision to hold the cash rate in the April board meeting.
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Channel settlements exceed $180bn for 1st time: MFAA
by Adrian Suljanovic • 4 Apr 2023
Mortgage brokers settled over $180 billion in residential home loans in the six-month period from April to September...
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