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Do banks profit from clawback? Assistant Treasurer asks
by Annie Kane • 11 Nov 2022
The Assistant Treasurer Stephen Jones MP is interested to see evidence on whether lenders are making money from... READ MORE

New qualification for equipment leasing and commercial finance...
by Annie Kane • 11 Nov 2022
CAFBA has launched a new qualification, the Certified Lease & Finance Professional (CLFP) program, for brokers and... READ MORE
Bankwest launches data protection tool

Bankwest launches data protection tool
by Adrian Suljanovic • 11 Nov 2022
The non-major bank has launched a DocBox system to enable secure transfers of documents between brokers and financial... READ MORE

Athena launches digital mortgage platform through fintech partnership
by Adrian Suljanovic • 11 Nov 2022
The mortgage lender has partnered with fintech company Simpology to produce a new digital mortgage application... READ MORE

In case you missed it (week ending 11 November)
by • 11 Nov 2022
In case you missed it, brokers originate nearly three-quarters of guarantee schemes, NAB clings onto business growth... READ MORE

Hot Property: The biggest property headlines from week 7–11 November
by Adrian Suljanovic • 11 Nov 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 11... READ MORE

As home loans fall, NAB eyes business lending ‘homeland’
by Fabian Cotter • 10 Nov 2022
The Australian home lending system “will probably drop” to 2.5–3 per cent growth in 2023, NAB has forecasted. READ MORE

Opportunity beckons for brokers in manufacturing: CAFBA
by Malavika Santhebennur • 10 Nov 2022
With manufacturing returning onshore in Australia, it opens doors for brokers to offer tech-based lending services to... READ MORE
NSW shared equity gets the green light

NSW shared equity gets the green light
by • 10 Nov 2022
The state’s key workers, single parents and older singles can tap into the government’s shared equity scheme after... READ MORE

ScotPac launches new digital toolbox

by Adrian Suljanovic • 10 Nov 2022
The non-bank SME lender has announced the launch of a new partner portal for brokers and advisers. READ MORE

The Block dramas ‘a sign of the times’, presenter says
by Fabian Cotter • 9 Nov 2022
Auction insights, record bids, and houses “passed in” — this season’s The Block had it all and then some. READ MORE

Demand rises for business credit: Equifax
by Annie Kane • 9 Nov 2022
Overall business credit applications grew by 3.1 per cent in the September quarter despite economic volatility, Equifax... READ MORE

NAB extends $1k flood grant for customers
by Adrian Suljanovic • 9 Nov 2022
The major bank has extended the availability of its $1,000 grants for flood-impacted customers until 22 November 2022. READ MORE

Deposit Power recruits new GM, sales and distribution
by Adrian Suljanovic • 8 Nov 2022
The bond provider has appointed Brent Davidson as the new general manager of sales and distribution. READ MORE

AFG bolsters partnership manager team with new recruits
by Adrian Suljanovic • 8 Nov 2022
The aggregator has strengthened its partnership manager team with the recruitment of two NSW-based staff members. READ MORE

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. READ MORE

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 year. 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 focus. 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. READ MORE
Winners revealed for Women in Finance Awards 2022

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 industry. 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 acknowledged. 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