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Breaking News
Qld extends disaster relief for flood victims
by James Mitchell • 14 Mar 2023
The federal and state governments have announced disaster funding as monsoonal rain and flooding continue to impact...
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Government urged to focus on building sector: Master Builders
by Adrian Suljanovic • 14 Mar 2023
Master Builders Australia has called for the federal government to focus on the building and construction sectors in...
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Fixed-rate borrowers to be hit with SVR, warns Bouris
by James Mitchell • 13 Mar 2023
Mortgage market pioneer Mark Bouris says those on fixed rates will soon be paying the standard variable rate if they...
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Basiq and Cuscal enter acquisition agreement
by Reporter • 13 Mar 2023
The two companies have entered a binding agreement, with Cuscal acquiring a controlling interest in Basiq.
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CSLR introduced to Parliament
by James Mitchell • 13 Mar 2023
The implementation of a Compensation Scheme of Last Resort (CSLR) has moved closer after the bill was reintroduced to...
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ANZ hit with $10m fine
by James Mitchell • 10 Mar 2023
The major bank has been penalised $10 million by the Federal Court in relation to its Home Loan Introducer Program.
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‘Year of opportunity’ for commercial brokers in 2023: NAB
by Adrian Suljanovic • 10 Mar 2023
The major bank has made its predictions on the trends in commercial broking for the year.
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Hot Property: The biggest property headlines from week 6–10 March
by Adrian Suljanovic • 10 Mar 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 10...
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Winners of Better Business Awards 2023 revealed in WA
by Malavika Santhebennur • 10 Mar 2023
The leading lights of the Western Australian broking industry were rewarded for their achievements at the 10th annual...
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Mortgage payments to reach ‘record high’, warns RBA
by James Mitchell • 9 Mar 2023
Following this week’s rate hike, RBA governor Philip Lowe has warned that mortgage payments will reach a record high...
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Listed lender restates revenue following ASIC review
by James Mitchell • 9 Mar 2023
An ASX-listed non-bank lender has seen its profit fall 37 per cent after a review by the corporate regulator.
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Non-bank lender to offer mortgage cliff relief
by Adrian Suljanovic • 9 Mar 2023
Wave Money has announced they will provide relief measures for fixed-rate borrowers facing the looming mortgage cliff.
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Major bank criticised over regional bank closures
by Jon Bragg • 9 Mar 2023
A Senate committee has inquired the big four major banks over the issue of regional bank closures.
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Major bank launches loans for female-led SMEs
by Annie Kane • 8 Mar 2023
New start-up and scale-up loans have been announced by a big four bank to support more women in launching and growing...
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Ebury recruits new state manager
by Reporter • 8 Mar 2023
The trade finance fintech has appointed Callum Box as its new Queensland state manager.
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NSW Shadow Finance Minister open to payroll tax moratorium: FBAA
by Annie Kane • 7 Mar 2023
Following meetings with members of industry last week, NSW’s Shadow Minister for Finance has “committed to place a...
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COG net assets up 9% in 1H23
by Adrian Suljanovic • 7 Mar 2023
The finance broking and aggregation arm of the asset finance group saw “record volumes” in assets financed for the...
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RBA ups cash rate for 10th consecutive month
by Adrian Suljanovic • 7 Mar 2023
For the second time in 2023, the Reserve Bank has moved to lift the official cash rate.
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NSW brokers urged to write to MPs over payroll tax
by Annie Kane • 6 Mar 2023
The industry association has launched a range of resources to help brokers “take action” on the issue of Revenue...
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AMP rolls out fast refinancing solution for brokers
by Fabian Cotter • 6 Mar 2023
The non-major bank has adopted an enhanced version of FASTRefi to help brokers and their customers refinance more...
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Brokers account for 90% of new originations: Alex Bank
by Adrian Suljanovic • 6 Mar 2023
The digital challenger bank has reported rapid loan growth coming from the broker channel between January and...
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Wisr loan book up 62%
by Reporter • 6 Mar 2023
The non-bank lender has reported a rise in its loan book during the first half of the financial year 2023.
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N1 Holdings reports drop in SME lending 1H23
by Reporter • 6 Mar 2023
The group’s half-year results, ended 31 December 2022, showed a $5 million drop in new commercial lending, compared...
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‘Disaster’: Bouris says payroll tax will kill broking
by James Mitchell • 3 Mar 2023
EXCLUSIVE Industry veteran Mark Bouris has slammed the NSW government’s plans to impose a massive payroll tax on the...
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Top brokers in Qld revealed at Better Business Awards 2023
by Malavika Santhebennur • 3 Mar 2023
The best and brightest in the Queensland broking industry were recognised at the 10th annual Better Business Awards.
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