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Breaking News
First Home Buyer Choice ends this week
by Annie Kane • 28 Jun 2023
The NSW government’s initiative to allow first home buyers to choose between stamp duty or an annual property tax...
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Pepper launches campaign showcasing ‘real-life broker stories’
by Reporter • 28 Jun 2023
Three brokers are appearing in the non-bank’s new marketing campaign showcasing the “real-life difference brokers...
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Major bank's outage leaves borrowers in 'limbo', broker says
by • 27 Jun 2023
Due to a widespread technical outage CBA borrowers were locked out of their accounts for over seven hours, causing...
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MFAA calls for a review of the CSLR within 3 years
by • 27 Jun 2023
With stronger protections for consumers who have suffered financial misconduct passed through Parliament, the MFAA...
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Another bank branch bites the dust
by • 27 Jun 2023
After 60 years a bank branch in Perth has announced it will close its doors, with Bankwest signalling more branches are...
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The value of SMEs tips half a trillion dollars
by • 27 Jun 2023
While small businesses contribute more than half a trillion dollars to the Australian economy, business confidence...
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Former MyState head of lending distribution joins law firm
by Adrian Suljanovic • 26 Jun 2023
Ex-MyState Bank head of lending distribution Blake Albones has been appointed as chief sales officer at Galilee...
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CSLR finally passes Parliament
by Annie Kane • 26 Jun 2023
Legislation for the Compensation Scheme of Last Resort (CSLR) has passed, with the scheme expected to be operational...
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AFG appoints 3 executive team members
by Adrian Suljanovic • 26 Jun 2023
The aggregator has announced changes to its executive team as the company heads into the new financial year.
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Big 4 banks caught up in HWL Ebsworth hack
by Daniel Croft • 26 Jun 2023
The list of high-profile victims of the HWL Ebsworth hack continues to grow, with Australia’s big four banks all...
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Finalists revealed for Australian Broking Awards 2023
by Malavika Santhebennur • 23 Jun 2023
Over 250 finalists have been chosen to battle it out at this year’s Australian Broking Awards, run with the support...
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SMEs to gain new government tax incentives
by Adrian Suljanovic • 23 Jun 2023
The Albanese government has announced the delivery of $1.5 billion in new tax incentives for small- to medium-sized...
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Deposit Assure releases instant issuance
by Reporter • 23 Jun 2023
The deposit bond provider has rolled out instant issuance to help home buyers secure their property on the spot, amid a...
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Hot Property: The biggest property headlines from week 19–23 June
by Adrian Suljanovic • 23 Jun 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 23...
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CBA to offer reduced serviceability buffer
by Annie Kane • 22 Jun 2023
A second big four bank has announced it will drop its serviceability buffer for qualifying refinancers, in a bid to...
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Nearly all brokers have mortgage prisoner clients: Broker Pulse
by Malavika Santhebennur • 22 Jun 2023
With rates rising and fixed-rate home loans expiring, 96 per cent of brokers have said they have had at least one...
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70% of non-English speaking refinancers plan to use a broker
by Reporter • 22 Jun 2023
Fixed-rate borrowers who have English as a second language are more likely to use a broker to refinance than native...
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Brokers welcome SA stamp duty changes for FHBs
by Annie Kane • 21 Jun 2023
South Australian brokers have welcomed the state government’s move to scrap stamp duty for first home buyers who...
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Resimac moves to buy Thorn’s asset finance portfolio
by Annie Kane • 21 Jun 2023
The non-bank lender is set to acquire the majority of the asset finance portfolio from diversified financial services...
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48% of small businesses concerned about financial future: Xero
by Adrian Suljanovic • 21 Jun 2023
Almost half of small-business owners are worried about their business’s financial future, a new report has found.
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Housing lending up in May: CBA
by Adrian Suljanovic • 21 Jun 2023
The major bank has reported that new housing lending increased during May.
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MFAA backs AFCA’s early triage scheme
by Annie Kane • 20 Jun 2023
The broker association has backed a proposal that would grant the financial complaints body “discretion” to close a...
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AFG and Brighten announce white label partnership
by Reporter • 20 Jun 2023
AFG brokers will soon be able to access a new white label product, funded by Brighten Home Loans.
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Mortgage Choice and Athena launch loan without the ‘loyalty tax’
by Annie Kane • 19 Jun 2023
Mortgage Choice and Athena Home Loans have launched a suite of mortgages designed to help borrowers avoid ‘loyalty...
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Pricing now top priority in broker recommendations: TPLR
by Annie Kane • 19 Jun 2023
Product pricing is now the leading attribute for brokers making lender recommendations to clients, the Third-Party...
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