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Breaking News
Brokers ‘left behind’ by slow digital ID adoption: Broker
by • 26 May 2023
While lenders are embracing digital ID verification processes, one mortgage broker said there is a lack of...
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Hot Property: The biggest property headlines from week 22–26 May
by Adrian Suljanovic • 26 May 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 26...
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Perth broker attempts to become 1st person to row non-stop to Africa
by Annie Kane • 25 May 2023
Strawberry Finance broker Rob Barton is 30 days into a Guinness World Records Challenge to become the first person to...
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Broker urges industry to lift SMSF loan writing standards
by James Mitchell • 25 May 2023
A Sydney mortgage broker has warned of the lending advice risks within the SMSF lending sector and is calling for...
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Deposit Power appoints 2 BDMs
by Adrian Suljanovic • 25 May 2023
The deposit bond provider has announced the appointments of Chris Christofilos and Vy Le as the company’s new...
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Plenti sees record volume of broker-originated loans
by Annie Kane • 25 May 2023
The personal lender has seen broker originations hit a new record, rising 23 per cent in the year to March, according...
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Vic stamp duty change should ‘pique interest’ in commercial...
by • 24 May 2023
The state government’s move to abolish stamp duty on certain properties could spark more commercial property...
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MFAA appoints new board director
by Adrian Suljanovic • 24 May 2023
The Mortgage and Finance Association of Australia has announced the appointment of Katherine McDermott as a director to...
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New CEO, CTO announced at diñeiro
by Annie Kane • 24 May 2023
Industry marketing specialist Andrew Gooding has been named the new chief executive of the personal finance management...
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Alex Bank hires NSW/ACT BDM
by Adrian Suljanovic • 24 May 2023
The digital bank has announced the appointment of Oyishi Haque as its new business development manager for NSW/ACT.
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Victoria to axe stamp duty on commercial real estate
by • 23 May 2023
As part of the state budget released today (23 May), the Victorian government has announced plans to abolish stamp duty...
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Broking industry welcomes move to regulate BNPL
by Annie Kane • 23 May 2023
Several members of the mortgage broking industry have welcomed the news that the buy now, pay later sector is set to be...
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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.
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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.
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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,...
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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...
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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...
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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...
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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.
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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...
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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.
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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...
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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...
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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...
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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...
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