Breaking News
Former ANZ employee banned for 5 years
by Annie Kane • 28 Jun 2022
ASIC has banned a former ANZ employee for five years after finding he failed to take steps to verify home loan...READ MORE
Brokers prepare clients for rate rises
by • 28 Jun 2022
Brokers are recommending some borrowers make larger repayments to lessen the blow of rising interest rates.
READ MOREWill NSW’s new property tax impede servicing?
by Annie Kane • 28 Jun 2022
Following the NSW government’s move to introduce an optional property tax next year, brokers are questioning how... READ MORE
Former EFTPOS CEO to join Plenti board
by • 28 Jun 2022
The lending group has named its next non-executive director, announcing that Stephen Benton will be joining the group... READ MORE
Brokers now recognised on WA Offer and Acceptance form
by Annie Kane • 27 Jun 2022
Following engagement with the MFAA, the Real Estate Institute of Western Australia has amended its Offer and Acceptance... READ MORE
NAB lending rides on rise of local business
by Sarah Simpkins • 27 Jun 2022
Lending to Aussie manufacturers at the big four bank has risen by 15 per cent in the last year, as demand has shot... READ MORE
Grow launches low-doc, no deposit asset finance loan
by Annie Kane • 27 Jun 2022
The SME lender has created a new low-doc loan for cars, vans and utes that require no... READ MORE
Apricity appoints COO
by • 27 Jun 2022
Invoice finance lender Apricity has announced the appointment of Michael Paredes as chief operating officer.
READ MOREMortgages dominate cost pressures for tenth of Aussies
by Sarah Simpkins • 24 Jun 2022
Close to one-tenth of Australians have said their home loan is the largest contributor to their cost-of-living... READ MORE
Regional migration accelerated in March quarter
by • 24 Jun 2022
Migration from capital cities to regional Australia has hit new six-year highs in the March quarter, according to the... READ MORE
Hot Property: The biggest property headlines from the week 20-24 June
by Annie Kane • 24 Jun 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending... READ MORE
Former BEN area manager opens brokerage
by Annie Kane • 24 Jun 2022
Kapil Virmani – a former area manager for Bendigo and Adelaide Bank – has returned to his broker roots, opening a... READ MORE
Humm board collapses in wake of HCF sale termination
by • 23 Jun 2022
Five of the group’s six directors have confirmed their resignations, stating they “cannot remain on the board of... READ MORE
Industry CEOs and brokers sleep-out in aid of homelessness
by Annie Kane • 23 Jun 2022
Several chief executives and directors in the mortgage and finance industry will be spending a night without shelter to... READ MORE
FBAA warns against merging credit licences with AFSLs
by Sarah Simpkins • 22 Jun 2022
As the Australian Law Reform Commission has considered consolidating the licensing regimes for credit and financial... READ MORE
NAB tips 15% house price fall in 2023
by • 22 Jun 2022
NAB’s chief economist has predicted house price growth will drop by more than expected.
READ MOREGateway reports 21% growth in mortgage book
by Annie Kane • 22 Jun 2022
The mutual bank surpassed the $1 billion mortgage mark this financial year, after delivering annualised growth of 21... READ MORE
NSW confirms stamp duty reforms from 2023
by Annie Kane • 21 Jun 2022
First home buyers in NSW will be able to choose between an upfront payment or a smaller annual property tax from next... READ MORE
Plug gaps in broker regulations, says MFAA
by Sarah Simpkins • 21 Jun 2022
The industry body has urged the government to touch up recent reforms made across reference checking, breach reporting... READ MORE
Non-bank founder, former CEO joins Joust board
by • 21 Jun 2022
The home loan fintech has grown its non-executive team with two new appointments, one of which being MoneyPlace founder... READ MORE
Qld announces affordable housing partnership
by Annie Kane • 21 Jun 2022
More than 1,200 social and affordable homes are to be built in Queensland as part of a new commercial partnership... READ MORE
NSW to trial shared equity home ownership scheme
by Sarah Simpkins • 20 Jun 2022
The state will trial helping certain key workers, single parents and older singles buy homes in a new $780.4 million... READ MORE
Web of definitions weighing down financial services law: ALRC
by Sarah Simpkins • 20 Jun 2022
Industry players have backed a call to simplify definitions across financial services legislation, with broker bodies... READ MORE
Turnarounds take back seat following stabilisation
by Annie Kane • 20 Jun 2022
Brokers are now less driven to choose a lender based on turnarounds, as time to initial credit decision has improved... READ MORE
Latitude, Humm call off HCF acquisition
by • 20 Jun 2022
The arrangement, which would have seen Latitude acquire Humm’s consumer finance arm, has been terminated, with both... READ MORE
Money3 funding cap rises to $665m
by • 20 Jun 2022
The vehicle finance specialist has confirmed that it has received new mezzanine funding, boosting its funding ceiling... READ MORE
Rate-decreasing loan launched for SMEs
by Annie Kane • 17 Jun 2022
SMEs with good repayment histories will see loan rates drop by 25 bps every six months as part of an “Australian... READ MORE
9/10 Australians confident brokers have best interests at heart
by • 17 Jun 2022
The majority of borrowers see brokers as being tuned in to their needs with borrowing and refinancing, according to... READ MORE

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