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Prospa posts 1H23 profit despite increased investment

by Fabian Cotter • 27 Feb 2023
Business lender Prospa has confirmed its 35.1 per cent hike in first-half loan originations, plus future strategy. READ MORE

Revenue NSW has ‘no legal basis’ to levy payroll tax: MFAA
by Annie Kane • 24 Feb 2023
Revenue NSW has ‘no legal basis to levy payroll tax on the industry’, the MFAA has said in a letter to Revenue NSW... READ MORE

In Memoriam: Craig ‘Kitch’ Kitchen, 1962–2023
by Annie Kane • 24 Feb 2023
Craig Kitchen, business development manager at Keylend and a former long-serving state manager for PLAN Australia, has... READ MORE

Clawbacks ‘constantly under review’: Pepper Money
by • 24 Feb 2023
Following the release of its full-year results for calendar year 2022, the non-bank lender said it would continue to... READ MORE

Brokers help deliver record settlements at MyState
by Annie Kane • 24 Feb 2023
The third-party channel helped deliver record home loan settlements for the Tasmanian-based lender in 1H23, its... READ MORE

Finsure loans up 37% to $91bn, MAF reports
by Fabian Cotter • 24 Feb 2023
An extra 500 brokers joined Finsure in 2022 and aided MA Financial Group’s overall full-year result, the group has... READ MORE

Hot Property: The biggest property headlines from week 20–24...
by Adrian Suljanovic • 24 Feb 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 24... READ MORE

Lendi restructures again, farewells CEO of lending
by Annie Kane and James Mitchell • 23 Feb 2023
Lendi Group has announced a change to its operating structure and revealed that its chief executive of lending David... READ MORE

Counter broker ‘loneliness’ with ‘camaraderie’, IFBF says

by Fabian Cotter • 23 Feb 2023
An education forum has highlighted the value of brokers embracing peer-to-peer social support for a range of... READ MORE

CBA launches ‘Your Loans’ broker self-service tool
by Fabian Cotter • 23 Feb 2023
The major bank’s new portal enhancement will help ‘arm brokers’ as fixed-rate ‘mortgage cliffs’ approach, CBA... READ MORE

65% of Australians exposed to scams in 2021–22: ABS
by Adrian Suljanovic • 23 Feb 2023
Data released by the ABS has revealed two-thirds of Australians over the age of 15 were subjected to scams over... READ MORE

BOQ appoints new broker head 
by • 22 Feb 2023
The bank has announced the departure of its broker head Kathy Cummings, welcoming Johnny Lockwood to a “newly... READ MORE

Broker channel ‘critically important to us’: Judo Bank
by Fabian Cotter • 22 Feb 2023
SME lender Judo has praised the impact and influence of brokers on its recent success. READ MORE

Brokers urged to respond to lender performance survey

by Reporter • 22 Feb 2023
Mortgage and finance brokers are being asked for their thoughts on how lenders have been performing this past year, as... READ MORE

Construction space ‘terrifying’ for borrowers, broker says
by • 22 Feb 2023
As confidence in the construction industry plummets, borrowers are steering clear of locking into construction loans. READ MORE

Housing ‘smarts’ would reduce stress for 71% of FHBs
by Adrian Suljanovic • 22 Feb 2023
Over two-thirds of FHB feel that increased knowledge about the housing market would help them enter it more securely,... READ MORE

Broker market share at Bendigo Bank slides
by • 21 Feb 2023
Third-party origination for Bendigo and Adelaide Bank dropped in 1H23, but the channel continues to hold the majority... READ MORE

Lender reveals Aussie farmers invest in new tech
by • 21 Feb 2023
A rural lender has revealed asset finance for GPS technology is booming as farmers seek precision farming to save... READ MORE

Financial Circle director convicted and fined
by Adrian Suljanovic • 21 Feb 2023
 Joshua David Fuocohas been convicted and fined for managing a financial services company while disqualified. READ MORE

Aquamore welcomes new Victorian BDM
by Reporter • 21 Feb 2023
The private lender has welcomed Darren McLeod, Finstro’s former channel manager for Victoria, South Australia, and... READ MORE

Former FAST CEO joins CitoPlus board
by Annie Kane • 20 Feb 2023
Brendan Wright has joined the board of technology platform Cito+ (CitoPlus), as the group ramps up its technology... READ MORE

Fintech lender hit with 2 infringement notices: ASIC
by Adrian Suljanovic • 20 Feb 2023
Jacaranda was issued the notices by ASIC after it was alleged that the lender’s website may contain false or... READ MORE

Wisr boosts funding capacity via $200m ABS deal
by Fabian Cotter • 20 Feb 2023
Non-bank lender Wisr has priced its third ‘asset-backed securities’ transaction, the company has announced. READ MORE

Personal lender appoints new CEO, announces growth
by Annie Kane • 17 Feb 2023
While announcing its financial results for the year ended 31 December 2022, non-bank lender Latitude revealed who its... READ MORE

AMP residential loans hit $23.8bn
by Fabian Cotter • 17 Feb 2023
The non-major bank's loan book grew by $2 billion in the 2022 financial year, bolstered by the acquisition of Nano, new... READ MORE