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Breaking News
Diversity is ‘good for culture’: MFAA head
by • 29 Sep 2022
MFAA’s chief executive Anja Pannek wants to encourage more diversity and inclusion within the mortgage broking...
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NAB Ventures invests $6m into fintech platform
by Adrian Suljanovic • 29 Sep 2022
NAB Ventures has led a $6 million investment into a new fintech platform designed to streamline banking, accounting and...
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Non-bank lender doubles warehouse lending
by Fabian Cotter • 29 Sep 2022
Central Real Capital (CRC)’s now $200 million warehouse lending capability is to meet surging developer and investor...
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‘Leave broking alone’: Shadow Assistant Treasurer
by Fabian Cotter • 28 Sep 2022
Shadow assistant treasurer and financial services minister Stuart Robert MP has praised the role brokers play in the...
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'No negative impact on brokers': QLD land tax
by Fabian Cotter • 28 Sep 2022
Queensland’s proposed land tax will not change the lending landscape much, nor have a negative impact on brokers,...
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‘Nail in the coffin’: Qld broker frustrated at land tax grab
by • 28 Sep 2022
A Queensland broker is frustrated at the government’s land tax, which could deter investors from buying in the state...
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‘Compelling opportunity’: Heritage Bank prepares to finalise...
by • 27 Sep 2022
A vote from members of Heritage Bank and People’s Choice Credit Union is the final approval required for a successful...
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Banks punting on Metaverse carbon reduction
by Fabian Cotter • 27 Sep 2022
Ninety-one per cent of Australian banking executives are “hedging their bets” on the Metaverse to reduce their...
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ACT to introduce planning laws
by Adrian Suljanovic • 27 Sep 2022
The ACT government has introduced the Planning Bill 2022 into the legislative assembly, marking an important milestone...
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Finweb brokerage appoints new GM
by Fabian Cotter • 27 Sep 2022
Award-winning broker group Finweb has appointed ex-PLAN Australia head of operations Julianne Evans as its inaugural...
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Young broker branches out to legal services
by Adrian Suljanovic • 26 Sep 2022
Logan Stanford of Stanford Financial has been recognised for diversifying his business to provide legal services to...
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AFG appoints new CFO
by Adrian Suljanovic • 26 Sep 2022
The Australian Finance Group Ltd has announced the recruitment of a new chief financial officer.
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Analysis: AMP’s $14m fine a reminder of fee-for-service woes
by James Mitchell • 23 Sep 2022
AMP’s latest fine of $14 million for fee for no service is another reminder of the nightmare mortgage broking dodged...
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Non-majors in high demand among brokers: Report
by Malavika Santhebennur • 23 Sep 2022
As borrowers rush to review their home loans amid rate hikes, their preferences drove more brokers to choose non-major...
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Hot Property: The biggest property headlines from week 19–23...
by Adrian Suljanovic • 23 Sep 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 23...
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Momentum Markets expands financial services footprint
by • 21 Sep 2022
Momentum Markets, publisher of The Adviser on Wednesday (21 September) confirmed it has acquired leading financial...
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RBA ‘flying blind’ on rate hikes: NAB
by • 21 Sep 2022
A NAB economist has said the impacts of “aggressive” rate rises won’t be felt until next year.
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Open banking trust lifts security bar
by Fabian Cotter • 21 Sep 2022
While all parts of the financial chain need to be connected in open banking, security protecting consumer “explicit...
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Latitude appoints new non-executive board director
by Adrian Suljanovic • 21 Sep 2022
Latitude Group Holdings Limited has announced the recruitment of a new non-executive board director.
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Banks closed on Queen’s mourning day
by Fabian Cotter • 21 Sep 2022
The Australian Banking Association (ABA) has reminded customers that 22 September will be a “bank close day” for...
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Mortgage defaults low risk, study reveals
by • 20 Sep 2022
A study has found that mortgage defaults ranked low in the pecking order, when it comes to financial hardship.
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Revealed: What brokers really think of BDMs
by James Mitchell • 20 Sep 2022
The latest Broker Pulse survey has identified which banks were rated highest by brokers for their business development...
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Big 4 warned: Brokers drive growth
by Fabian Cotter • 20 Sep 2022
Brokers contributed around 70 per cent of all Great Southern Bank home lending in its first year as a bank, quantifying...
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Bridgit joins Loan Market’s lender panel
by Adrian Suljanovic • 20 Sep 2022
Bridgit has entered a partnership with Loan Market, becoming the aggregator’s first tech-driven bridging loan...
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Small bank turnarounds fastest since January 2020: Broker Pulse
by Malavika Santhebennur • 19 Sep 2022
Turnaround times at smaller lenders dipped to six days in August while broker satisfaction with this lender segment was...
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