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Breaking News
Brokers ‘must diversify to survive’
by Adrian Suljanovic • 29 Mar 2023
The current economic headwinds have opened opportunities for brokers to diversify their offerings as the SME sector is...
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RACQ Bank signs with 2 aggregator partners
by Adrian Suljanovic • 29 Mar 2023
The mutual bank has launched into the broker market with the signing of aggregators Astute Financial Management and...
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CBA and Telstra announce anti-phone-scam pilot
by Adrian Suljanovic • 29 Mar 2023
The Commonwealth Bank of Australia and Telstra announced the new tool designed to protect customers from phone scams.
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Tax concessions introduced to Qld Build-to-Rent program
by Adrian Suljanovic • 29 Mar 2023
Build-to-Rent developments that include affordable housing will have land tax cut in half, the Palaszczuk government...
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Consultation opens on AFCA rules changes
by Annie Kane • 28 Mar 2023
The complaints ombudsman is asking for feedback on proposed changes to the rules that govern its work in helping...
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New Broker Academy 2023 to accelerate brokerage success
by Malavika Santhebennur • 28 Mar 2023
Registrations have opened for the 2023 New Broker Academy, a free conference that arms brokers with the tools to thrive...
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HomeBuilder documentation deadline extended
by Adrian Suljanovic • 28 Mar 2023
Minister for Housing Julie Collins MP has confirmed the deadline extension for supporting paperwork for HomeBuilder...
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Revenue NSW to pause new payroll tax audits
by Annie Kane • 27 Mar 2023
The NSW tax revenue office has confirmed in writing that it won’t commence any new aggregator audits on payroll tax.
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Non-major bank announces new CEO
by Annie Kane • 27 Mar 2023
The Bank of Queensland Limited has revealed who its next chief executive and next chairman will be.
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Arrears begin to tick up: Fitch Ratings
by Annie Kane • 27 Mar 2023
Australia’s 30+ day mortgage arrears rose by 11 bps in the three months to December and are expected to continue to...
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2 charged over alleged $3.5m SMSF con
by Reporter • 27 Mar 2023
Police claim the Sydney-based pair defrauded almost two dozen people over more than a decade.
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Hiring plans hit post-pandemic high, survey reveals
by Reporter • 27 Mar 2023
Three out of four businesses plan to recruit and will prioritise quality candidates over “bums on seats”.
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NSW SMEs hit hardest by cost pressures: ScotPac
by Adrian Suljanovic • 24 Mar 2023
Small and medium-sized enterprises in NSW have been the most impacted by cost pressures, according to ScotPac.
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BNK buys $150m loan portfolio
by Annie Kane • 24 Mar 2023
The ASX-listed lender has increased its book by 13 per cent after acquiring $150 million worth of high-margin...
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Hot Property: The biggest property headlines from week 20–24 March
by Adrian Suljanovic • 24 Mar 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 24...
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Non-bank goes offline following ‘large-scale information theft’
by James Mitchell • 23 Mar 2023
The scale of the cyber attack on a listed lender Latitude Financial Group is far more significant than originally...
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International capital the key to affordable housing
by James Mitchell • 23 Mar 2023
The Property Council of Australia believes attracting global investment is essential if Australia is to address issues...
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NAB fixed-rate peak to hit in June
by Annie Kane • 23 Mar 2023
About $25 billion of NAB’s fixed-rate loans will mature in the first half of this year, with another $50 billion in...
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Assetline Capital appoints Qld state manager
by Adrian Suljanovic • 23 Mar 2023
The non-bank lender has appointed Jason Lucas as its Queensland state manager as part of its presence expansion in the...
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Small-business owners optimistic about growth in 2023: Prospa
by Adrian Suljanovic • 22 Mar 2023
Small-business owners are confident about the health of their businesses and growth for the year, the SME lender’s...
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NAB appoints new CFO
by Adrian Suljanovic • 22 Mar 2023
The major bank has announced Nathan Goonan will step into the role of group chief financial officer.
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Natalie Sheehan joins Adelaide Bank
by Annie Kane • 21 Mar 2023
Adelaide Bank has appointed former Brighten head of distribution Natalie Sheehan as its new national manager for broker...
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Average loan life now around 3 years: Sherlok
by Annie Kane • 21 Mar 2023
The average length of a loan is now 37 months, according to refinance fintech Sherlok, as more brokers and borrowers...
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N1H extends $55m debt facility
by Adrian Suljanovic • 21 Mar 2023
The group has confirmed the extension of its $55 million debt facility until July 2025.
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COG announces acquisition and partial divestment
by Adrian Suljanovic • 21 Mar 2023
COG Financial Services has announced the acquisition of salary packaging business, Paywise, and the simultaneous...
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