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Lendi hires former Volt executive as Aussie staff exit
by James Mitchell • 16 Mar 2023
Lendi Group has named Shaun Lordan as its general manager of lending following a major restructure at the broking group... READ MORE

Elders acquires SA brokerage
by Annie Kane • 16 Mar 2023
The agribusiness specialist has acquired a regional South Australian brokerage as it looks to expand its broker and... READ MORE

LoanStreet rebrands and announces new CEO
by Annie Kane • 16 Mar 2023
Broker fintech LoanStreet has recently rebranded to FinStreet and announced a new chief executive. READ MORE

Average time to write a loan increases: BrokerEngine
by Annie Kane • 15 Mar 2023
The time it takes for a broker to write a mortgage has increased by around five hours per file, new data from... READ MORE

Sapien takes controlling stake in Hashching
by Annie Kane • 15 Mar 2023
The funds management group has taken a controlling interest in Hashching and led a capital raising round to... READ MORE

Millennials turning to brokers as fixed rates expire
by Adrian Suljanovic • 15 Mar 2023
More younger borrowers are seeking out brokers for assistance as rates continue to rise and as the fixed-rate loans... READ MORE

Majority of FHBs seeking guarantor: Research
by James Mitchell • 15 Mar 2023
Three in five Australians planning to purchase their first home in the next couple of years are considering having a... READ MORE

Industry seeks written confirmation on payroll tax moratorium
by Annie Kane • 14 Mar 2023
As action ramps up ahead of the NSW state election, urgent calls are being made for written confirmation of a... READ MORE

The fixed-rate mortgage cliff and how brokers can help
by Adrian Suljanovic • 14 Mar 2023
Many borrowers are reaching out to brokers to help them prepare for the impending fixed-rate “mortgage cliff”.  READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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. READ MORE

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... READ MORE

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. READ MORE

‘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. READ MORE

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... READ MORE

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... READ MORE

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... READ MORE

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. READ MORE

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. READ MORE

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.  READ MORE

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... READ MORE

Ebury recruits new state manager

by Reporter • 8 Mar 2023
The trade finance fintech has appointed Callum Box as its new Queensland state manager. READ MORE

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... READ MORE