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Bank branches axed as customers move online, APRA data
by • 20 Oct 2022
APRA has revealed more than 300 bank branches were axed nationwide in the last financial year, providing opportunities... READ MORE

Trade credit managers to be more cautious, new poll finds
by Adrian Suljanovic • 20 Oct 2022
A survey conducted by Equifax has revealed that trade credit managers will become cautious in anticipation of an... READ MORE

Direct-only lenders embracing broker strength
by Fabian Cotter • 19 Oct 2022
Mortgage Choice’s new partnership with Athena demonstrates how direct-to-consumer lenders are increasingly seeing the... READ MORE

Cyber certification launches for SMEs
by • 19 Oct 2022
Australia’s biggest bank and telecommunications companies have joined forces to equip SMEs with cyber knowledge to... READ MORE

Aggregators key to reference-check protocol: MFAA
by Fabian Cotter • 18 Oct 2022
Whilst the ASIC reference-checking protocol is working well, there is a crucial small loophole to close, the MFAA has... READ MORE

Fake-document charges land broker in court
by Fabian Cotter • 18 Oct 2022
An NSW credit broker has been charged with 74 offences of making false documents to aid home loan applications, ASIC... READ MORE

Government expands eligible LGAs for recovery payments
by Adrian Suljanovic • 18 Oct 2022
The federal government has announced additional LGAs that are now eligible for the Australian government Disaster... READ MORE

Over 1/3 of SMEs unaware of alternative financing options
by Adrian Suljanovic • 18 Oct 2022
Australian small and medium-sized enterprises are seeking financial assistance to fund immediate needs; however, some... READ MORE

New Broker Academy 2022: Event wrap up
by Annie Kane • 17 Oct 2022
With more Australian borrowers turning to mortgage brokers for credit advice and putting growing trust in the industry,... READ MORE
Broker satisfaction with lenders plummets: Broker Pulse

Broker satisfaction with lenders plummets: Broker Pulse
by Malavika Santhebennur • 17 Oct 2022
Amid a gloomy economic environment, brokers reported feeling more dissatisfied with lenders due to a range of factors. READ MORE

Prime Capital expands BDM team
by Annie Kane • 17 Oct 2022
Stephen Davis and Luke Goaley have joined Prime Capital as business development managers, as the lender builds out its... READ MORE

Mortgage calculator use up +17%: ASIC
by Fabian Cotter • 17 Oct 2022
ASIC’s latest annual report shows a 200,000+ increase in its mortgage calculator use for the 2022 financial year. READ MORE

‘Rate shock’ spikes borrower concerns
by Fabian Cotter • 14 Oct 2022
Half of borrowers never expected rates to get this high, new Aussie data has shown. READ MORE

Invoice finance lender secures new investor  
by • 14 Oct 2022
Invoice Finance Group has welcomed a new strategic investor deal to help it expand and enable more brokers to service... READ MORE

Hot Property: The biggest property headlines from week 10–14 October
by Adrian Suljanovic • 14 Oct 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 14... READ MORE

BOQ Group home loans rose 8% in FY22
by Annie Kane • 13 Oct 2022
The retail banks under BOQ Group saw $3.8 billion of growth in home loans in the year ended August 2022, up 8 per cent... READ MORE

$11.5m program to fast-track local housing delivery
by Adrian Suljanovic • 13 Oct 2022
The NSW government has announced additional funding and resources to move planning proposal and development application... READ MORE

'Talking gloomy’ could spark a recession: Shane Oliver
by Maja Djurdjevic • 13 Oct 2022
AMP economist Shane Oliver has warned that Australians, particularly the government, might be talking ourselves into a... READ MORE

MAB Australia MD departs
by James Mitchell • 12 Oct 2022
Mortgage Advice Bureau CEO Peter Brodnicki will be taking the helm of the broker group following the departure of the... READ MORE
More pathways needed to encourage women to commercial broking, say brokers

More pathways needed to encourage women to commercial broking, say...
by Annie Kane • 12 Oct 2022
Greater engagement with young female students is needed to help raise the profile of commercial broking to more women,... READ MORE

60% of SMEs to consider broker channel: OnDeck
by • 12 Oct 2022
A new report has revealed six out of 10 small businesses would consider using a broker to “access the broker’s... READ MORE

Shift expands tech leadership team
by Fabian Cotter • 12 Oct 2022
Credit and payments platforms provider Shift has expanded its leadership team with two senior appointments, it has... READ MORE

New loans and refinancing dropped in September: PEXA

by Adrian Suljanovic • 11 Oct 2022
States across Australia are experiencing declines in new home loans and refinancing, according to the digital... READ MORE

Rising variable rates pinch unprofitable SMEs: RBA
by Malavika Santhebennur • 11 Oct 2022
With many businesses’ net profit margins failing to return to pre-pandemic levels by March 2022, indebted SMEs have... READ MORE

Cyber risk, climate change threat to financial system, warns RBA
by Maja Garaca Djurdjevic • 11 Oct 2022
Cyber risk and climate change represent major challenges for the financial system. READ MORE