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CreditorWatch streamlines business payments following recent...
by Adrian Suljanovic • 8 Nov 2022
Commercial credit reporting bureau CreditorWatch has announced the acquisition of an automated receivables management...READ MORE
Brokers originate nearly 3/4 of guarantee schemes
by Jasmine Siljic • 7 Nov 2022
Mortgage brokers are the main origination channel for the government’s home guarantee schemes, the NHFIC has... READ MORE
Non-majors follow suit with rate hikes
by Adrian Suljanovic • 7 Nov 2022
The non-major banks are passing on the Reserve Bank of Australia’s most recent rate hike in full.
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Rate increases’ ‘full impact’ will be felt mid-2023: HIA
by Fabian Cotter • 7 Nov 2022
The RBA’s cash-rate tightening is weighing heavily on demand for housing, with full impact only late next... READ MORE
Fringe lending practices in ASIC’s sights
by Fabian Cotter • 4 Nov 2022
Mortgage stress could lead consumers to seek out fringe lending practices, now a particular area of ASIC’s... READ MORE
Yellow Brick Road enters agreement with Servian
by Reporter • 4 Nov 2022
Yellow Brick Road Home Loans has announced that it has signed an agreement with a Cognizant company, Servian.
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Winners revealed for Women in Finance Awards 2022
by Malavika Santhebennur • 3 Nov 2022
There were 29 winners at this year’s Women in Finance Awards, including five from the broking... READ MORE
Newcastle Permanent-Greater Bank merger approved by members
by Annie Kane • 3 Nov 2022
Members of the two banks have green-lit their merger, with Newcastle Greater Mutual Group Ltd set to come into being... READ MORE
Black economy targeted in ABN tax reform
by Fabian Cotter • 3 Nov 2022
Proposed annual ABN changes enmeshed in tax compliance are “fair and reasonable”, the FBAA has... READ MORE
Mortgage broking ‘under threat’ from disruption: Broker
by Malavika Santhebennur • 3 Nov 2022
Mortgage broking is in a state of flux as home loans become more automated, but that does not have to spell doom, a... READ MORE
Nectar Group appoints new Melbourne-based BDM
by Adrian Suljanovic • 3 Nov 2022
The Nectar Group has announced the recruitment of a new Melbourne-based national business development... READ MORE
Non-bank lender rebrands following acquisition
by Annie Kane • 2 Nov 2022
MKM Capital has unveiled a new name and branding as it moves to more closely align with its new parent company, MA... READ MORE
Govt allocates $877m for flood-affected businesses
by Adrian Suljanovic • 2 Nov 2022
The federal and Victorian governments have announced an $877 million recovery support package to support businesses... READ MORE
Only 1 Aussie region bucked October’s nationwide decline trend:...
by Grace Ormsby • 2 Nov 2022
Just one Aussie region maintained its market resilience over the last month.
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RBA calls 2.85% November cash rate
by Fabian Cotter • 1 Nov 2022
Mortgage holders brace for further repayment pain as the November cash rate has jumped to 2.85 per cent.
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Cash rate to surpass 4% in next year: survey
by Fabian Cotter • 1 Nov 2022
Cash rate increases will impact consumer spending habits more than mortgage repayments and property costs, Joust has... READ MORE
Macquarie loan book grew 13% in 6 months
by Annie Kane • 1 Nov 2022
The lender’s mortgage portfolio grew by 13 per cent in the six months to September 2022, pushing over $101 billion,... READ MORE
2 in 3 FHBs will say no to stamp duty, says NSW government
by Grace Ormsby • 1 Nov 2022
Up to two-thirds of first home buyers will choose to pay a smaller annual property fee rather than forking out for... READ MORE
Home loans most common breach report: ASIC
by Fabian Cotter • 31 Oct 2022
A quarter of all breach reports relating to products were about mortgages, according to ASIC’s first Reportable... READ MORE
Lendi Group settled $33.6bn in FY22
by Annie Kane • 31 Oct 2022
In its first full financial year as a merged group, Lendi Group — comprising brokerages Lendi and Aussie — settled... READ MORE
MFAA board members voting opens
by Adrian Suljanovic • 31 Oct 2022
The MFAA has received a record number of 19 nominations for the MFAA board, with three director positions becoming... READ MORE
80% of home owners prioritise loan flexibility: CBA
by Adrian Suljanovic • 31 Oct 2022
Flexibility in a mortgage is among the top priorities for mortgagors, according to the Commonwealth Bank of... READ MORE
Service proposition to brokers ‘really important’: ANZ
by Fabian Cotter • 28 Oct 2022
ANZ’s “restored momentum” in its home loans should give brokers approval confidence “within a certain... READ MORE
Hot Property: The biggest property headlines from week 24–28 October
by Adrian Suljanovic • 28 Oct 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending... READ MORE
In case you missed it (week ending 28 October)
by • 28 Oct 2022
In case you missed it... ANZ announced a digital home loan “pilot”, the federal budget throws support to SMEs, NAB... READ MORE
What’s in the budget for small-business owners?
by Annie Kane • 27 Oct 2022
The Labor government’s first budget has earmarked more than $15 million to support Australian small businesses and... READ MORE
Prospa flags ‘opportunity’ for brokers to help SMEs
by Fabian Cotter • 27 Oct 2022
Record first-quarter revenue and originations results demonstrate that “high demand for funds continues,” Prospa... READ MORE
1Q23 loan originations up 41% annually: Wisr
by Fabian Cotter • 27 Oct 2022
Sydney-based lender Wisr has reported $186 million in new loan originations (pcp) and overall protected its net... READ MORE
Westpac Group to join Home Guarantees
by • 26 Oct 2022
Westpac has announced it will be able to help more home buyers into the market from mid-next year.
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Industry welcomes Labor’s budget 2022–23
by Annie Kane • 26 Oct 2022
Members of industry have welcomed the Australian Labor Party’s first budget, particularly applauding its focus on... READ MORE
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