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APRA slammed for ‘nonsensical’ decision to retain 3% buffer
by Will Paige • 28 Nov 2024
The FBAA has called for government intervention over APRA’s “nonsensical” decision to keep the serviceability...READ MORE
outsource Financial makes 2 senior leadership changes
by Will Paige • 28 Nov 2024
The aggregation group has welcomed two new members to its senior leadership team.
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Finsure confims ‘cyber incident’ impacting customers and brokers
by Annie Kane and David Hollingworth • 27 Nov 2024
The aggregator has confirmed the incident after “almost 300,000 unique” Finsure emails were added to the data leak... READ MORE
‘Help to Buy’ bill passes through Parliament
by Reporter • 27 Nov 2024
After months of delays and uncertainty, the Labor government’s shared equity scheme has successfully passed through... READ MORE
New rules on expanding CDR to non-banks released
by Annie Kane • 27 Nov 2024
Updated rules for expanding the Consumer Data Right to non-bank lending have been released for consultation by the... READ MORE
Suncorp Bank’s new head of broker unveils his top priorities
by Annie Kane • 27 Nov 2024
EXCLUSIVE In his first media interview since becoming the head of broker partnerships at Suncorp Bank, Paul Brick has... READ MORE
Brokers have saved clients $84.5m in interest by repricing
by Annie Kane • 27 Nov 2024
Between January and October 2024, brokers using fintech platform Sherlok saved clients a record $84.5 million in... READ MORE
NSW payroll tax law to be reviewed
by Annie Kane • 26 Nov 2024
A new parliamentary inquiry into the NSW Payroll Tax Act will be held, which will review the operation of the relevant... READ MORE
Lendi Group reduces some commission tiers
by Annie Kane • 26 Nov 2024
The brokerage group has reduced some of its tiered commission structures as it continues to update its broker... READ MORE
OwnHome launches first home buyer broker competition
by Annie Kane • 26 Nov 2024
Deposit loan company OwnHome has launched three cash prizes for brokers servicing first home... READ MORE
Bridgit bolsters distribution team with strategic hires
by Ben Squires • 26 Nov 2024
The non-bank lender has announced a pair of appointments designed to help strengthen its national distribution... READ MORE
Greens to wave through Labor housing bills
by Annie Kane • 25 Nov 2024
The shared equity Help to Buy scheme will likely pass this week after the Green Party of Australia said it would... READ MORE
3 per cent buffer to remain: APRA
by Annie Kane • 25 Nov 2024
The prudential regulator has maintained that the 3 per cent buffer will remain, amid widespread calls for the regulator... READ MORE
Firstmac prices $1.5bn RMBS issue
by Annie Kane • 25 Nov 2024
Non-bank lender Firstmac has issued $1.5 billion in green bonds, with its latest issue including solar-proxy green... READ MORE
Brighten goes live with ApplyOnline
by Annie Kane • 25 Nov 2024
The non-bank lender can now accept loan lodgements through NextGen’s ApplyOnline® platform, as it moves to provide... READ MORE
AMP Bank changes commission structure
by Annie Kane • 22 Nov 2024
Broker associations have welcomed AMP's change to clawbacks, effective from 1 January... READ MORE
Money Quest announces new managing director
by Annie Kane • 22 Nov 2024
A new leader has been appointed to take the helm of the aggregation and franchise broking group from next... READ MORE
Another major pushes back rate cut forecasts
by Annie Kane • 22 Nov 2024
Two of the four major banks now believe that the central bank will start cutting the official cash rate in May, but see... READ MORE
Hot Property: The biggest property headlines from the week 18–22...
by Reporter • 22 Nov 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 22... READ MORE
MFAA unveils rebrand
by Annie Kane • 22 Nov 2024
The broker association has updated its brand, which will be rolled out progressively over the next six... READ MORE
Future Fund to invest in residential housing
by Annie Kane • 21 Nov 2024
The Albanese government will require the Future Fund to prioritise investment in residential housing, where... READ MORE
Remuneration changes ‘conveniently forgotten’ by banks: Mortgage...
by Annie Kane • 21 Nov 2024
With broker remuneration being brought back into focus recently, the CEO of Mortgage Choice has said banks have... READ MORE
HSBC launches broker portal
by Annie Kane • 21 Nov 2024
A broker portal that offers instant pricing and centralised access to policy information has been launched by the... READ MORE
Why Victorian home buyers will be worse off under Help to Buy
by Sebastian Holloman • 21 Nov 2024
Nearly 30 per cent of Victorians currently eligible for the state’s Homebuyer Fund would no longer qualify for the... READ MORE
2 major banks take stake in CitoPlus
by Annie Kane • 20 Nov 2024
The venture arms of two major banks have both invested in minority stakes in the commercial technology platform for... READ MORE
Majority of SMEs preparing to take out a loan
by Annie Kane • 20 Nov 2024
Brokers will likely be busy in the coming months as more small businesses look to take out finance, according to new... READ MORE
Resimac appoints new chair, new CEO appointment ‘imminent’
by Annie Kane • 20 Nov 2024
A new chair has been appointed at the non-bank lender with immediate effect, with a CEO announcement expected to be... READ MORE
LMG partners with CoreLogic for property insights
by Reporter • 20 Nov 2024
The major aggregator has partnered with CoreLogic to embed its PropertyHub lender valuations and property reports into... READ MORE
Finder acquires Grow My Money
by Annie Kane • 20 Nov 2024
The loan comparison website has acquired the home loan and superannuation cashback platform.
READ MORE
Bankwest confirms personal loans exit
by Ben Squires • 19 Nov 2024
The CBA-owned lender has confirmed it will no longer offer personal loan products.
READ MORE
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