Breaking News

Rental inquiry hears of record property owner stress
by • 24 Aug 2023
Rental housing scarcity, soaring inflation, and consecutive interest rate hikes have had a detrimental impact on... READ MORE

CAFBA appoints new CEO after 11 years 
by Josh Needs • 23 Aug 2023
The association has revealed its replacement for outgoing chief executive David Gill, who has stepped down after... READ MORE

Lingering pandemic impacts weigh on borrowers’ refinance potential,...
by • 23 Aug 2023
In the face of persistent pandemic-related challenges and rigorous serviceability criteria, refinancing has become an... READ MORE

LMG announces newly created role and appointment

by Adrian Suljanovic • 23 Aug 2023
The aggregator has appointed Rob Thomas as its new national director for member service offering. READ MORE

Businesses must adapt to market conditions: Grow Finance
by Adrian Suljanovic • 23 Aug 2023
Businesses and consumers need to stay in the know to navigate the impact of rising rates, the business lender’s chief... READ MORE

Wellness Wednesday: Anthony O'Flynn, ifa Mortgages
by • 22 Aug 2023
With the world of broking being as busy as ever, it’s crucial that brokers ensure that they can deal with the stress... READ MORE

Mutual banks poised to invest in brokers, says S&P report

by • 22 Aug 2023
Amid ongoing economic challenges, the mutual banking industry is expected to uphold its investment in the third-party... READ MORE

‘Less awareness’ on how finance assists SMEs: Moneytech
by Adrian Suljanovic • 22 Aug 2023
Recent data from the non-bank lender has found there is “less awareness” on how financing can assist SMEs beyond... READ MORE

Westpac’s lending grows $6.4bn in 3Q23
by • 22 Aug 2023
The major bank has revealed an increase in new lending activities, while also noting a slight uptick in delinquencies. READ MORE

Timeline set for Help To Buy scheme
by Reporter • 22 Aug 2023
The federal government has set a timeline to launch its shared equity home buying scheme, which was a key Labor Party... READ MORE

Better Choice streamlines clawbacks for commercial products
by • 21 Aug 2023
The non-bank lender has removed clawbacks across its commercial lending in a move to assist brokers. READ MORE

MyState Bank reveals over 14% home lending growth 
by Josh Needs • 21 Aug 2023
The non-major bank has attributed its loan book growth and customer base expansion to increased broker partnerships in... READ MORE

Marketplace Finance announces a partnership with LMG brokers
by Reporter • 21 Aug 2023
The brokerage has joined the newly launched LMG Commercial Referral Hub, in a move to expand its commercial finance... READ MORE

Bank of Sydney reveals organisational restructure
by Josh Needs • 21 Aug 2023
The lender’s strategic reshuffle has seen two existing and one added team member step into new roles. READ MORE

SME lender welcomes 2 senior BDMs
by • 18 Aug 2023
As part of its expansion into the NSW market, SME lender Fifo Capital has announced the appointment of two senior... READ MORE

Qudos Bank appoints new CEO
by Josh Needs • 18 Aug 2023
The mutual bank has said the appointed professional has over 20 years of leadership experience in financial services. READ MORE

Hot Property: The biggest property headlines from week 14–18 August
by Adrian Suljanovic • 18 Aug 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 18... READ MORE

Resimac launches reduced rate offers for prime products 
by Josh Needs • 17 Aug 2023
The non-bank lender has said the offer would enable brokers to provide their investor clients “much needed financial... READ MORE

ASIC loses case against CBA and Colonial First
by Naomi Neilson • 17 Aug 2023
ASIC failed to overturn a Federal Court finding that the Commonwealth Bank of Australia and Colonial First State did... READ MORE

First-ever Women in Finance Summit launches
by Malavika Santhebennur • 17 Aug 2023
Momentum Media is proud to launch its inaugural Women in Finance Summit, aimed at supporting and connecting leading... READ MORE

National cabinet touts ‘better deal’ for renters
by • 16 Aug 2023
The national cabinet has agreed to implement a cap on rental increases in a bid to support renters’ rights. READ MORE

Non-bank lender ‘cheers on’ Liberty A-League players
by • 16 Aug 2023
As the excitement builds around the Matildas’ remarkable journey in the World Cup, non-bank lender Liberty is backing... READ MORE

Housing solutions, rent caps, centre to national cabinet discussions
by Josh Needs • 16 Aug 2023
Despite the Greens’ demands to place a rent freeze across the nation, the Prime Minister has said the discussions... READ MORE

Dwelling commencements ‘to remain soft’: CBA
by Josh Needs • 16 Aug 2023
CBA has warned dwelling approvals could reach lows not seen since 2011. READ MORE

Treasurer welcomes ‘solid’ wage growth amid high inflation
by • 16 Aug 2023
In the face of continued inflationary pressure, federal Treasurer Jim Chalmers has welcomed the uptick in wage growth. READ MORE