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Butn reaches new monthly origination record
by Reporter • 28 Dec 2022
The small business lender has announced it originated $38 million in November, setting a new monthly record for the... READ MORE

Brokerage announces white label partnership with diñeiro
by Reporter • 28 Dec 2022
Mortgage Domayne has white-labelled the financial management platform diñeiro in a bid to boost client retention and... READ MORE

Wishing you a pawfect holiday!
by Annie Kane • 23 Dec 2022
As it’s nearly Christmas, we thought we’d share some festive cheer by taking a look at some of the pets of the... READ MORE

Deposit interception ‘a great way for a criminal to make money’,...
by James Mitchell • 23 Dec 2022
The shadow minister for cyber security Senator James Paterson has warned that the mortgage industry is becoming a... READ MORE

MoneyMe welcomes new board member, approves funding structure
by Annie Kane • 23 Dec 2022
The personal lending fintech has appointed an experienced chief financial officer to its board of directors, and agreed... READ MORE

CIO appointed for Heritage–People’s Choice merged entity
by Annie Kane • 22 Dec 2022
As the merger of People’s Choice and Heritage Bank enters its final stage, another senior executive appointment has... READ MORE

Banjo appoints new CRO to replace co-founder
by Annie Kane • 22 Dec 2022
The SME lender has welcomed a new chief risk officer as the predecessor and co-founder moves to a non-executive role. READ MORE

Personal lender Alex Bank becomes full bank
by Annie Kane • 21 Dec 2022
Brokers will now have access to a new bank, as APRA has granted a full banking licence to a neobank.  READ MORE

Elders joins PCF Group
by • 21 Dec 2022
Elders’ national network of brokers will aggregate under Choice, as the agribusiness specialist joins PCF Group. READ MORE

Criminal proceedings against CBA dismissed
by Annie Kane • 20 Dec 2022
The Federal Court has dismissed criminal proceedings brought against CBA after finding they were statute barred. READ MORE

Broker-borrower digital loan disparity widens
by • 20 Dec 2022
While borrowers’ expectations for digital loan applications have increased, brokers’ uncertainty persists. READ MORE

Aussie brokers begin transition to Lendi Platform
by Reporter • 20 Dec 2022
The first swathe of Aussie brokers has begun migrating onto the Lendi Platform, as the group ramps up its move to an... READ MORE

ASIC industry costs $2.2m less than forecast
by Annie Kane • 19 Dec 2022
A total of $8.676 million will be charged to credit intermediaries to cover ASIC’s regulatory costs for the year,... READ MORE

Almost 60% of Aussies believe mortgage brokers are expensive
by Annie Kane • 19 Dec 2022
The common misconception that mortgage brokers charge a hefty fee is pertinent in Australia, a new report by Pepper... READ MORE

Business gearing up for holiday trade: NAB data
by Adrian Suljanovic • 19 Dec 2022
The major bank has revealed a surge in businesses using working capital lending to stock up on popular holiday gifts. READ MORE

ING pays over $53k for alleged CDR failures
by Annie Kane • 16 Dec 2022
ING Bank (Australia) has paid $53,280 in penalties for allegedly missing open banking deadlines and making “a... READ MORE

ANZ ‘confident’ over Suncorp deal
by • 16 Dec 2022
Eager to enter the “fast-growing” Queensland market, ANZ’s chairman, Paul O’Sullivan, was hopeful the Suncorp... READ MORE

Large ADI turnarounds fastest on record: Broker Pulse
by Malavika Santhebennur • 16 Dec 2022
Turnaround times dropped to four days in November at the large banks, with most lenders in the segment either holding... READ MORE

Hot Property: The biggest property headlines from week 12-16 December
by • 16 Dec 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 16... READ MORE

Westpac chairman announces departure after 2-year tenure

by • 15 Dec 2022
Westpac chairman, John McFarlane, has advised shareholders that he intends to retire at the end of next year. READ MORE

Loan Market WA leadership team strengthened with new hire
by Adrian Suljanovic • 15 Dec 2022
Western Australian financial services sector executive, Renee Dewar, has joined the Western Australian leadership team... READ MORE

CAFBA honours Mike Felton with Service to Industry award

by Reporter • 15 Dec 2022
The broker association has honoured the work of former MFAA chief executive officer, Mike Felton, with a Service to the... READ MORE

Broker-rapper hack underscores ‘closer client contact’ need
by Fabian Cotter • 14 Dec 2022
The alleged email hack of a Sydney Northern Beaches broker has further underlined the importance of close client... READ MORE

Proportion of female brokers drops to new low
by Annie Kane • 14 Dec 2022
The proportion of brokers identifying as female dropped to 25.5 per cent in the six months to March, the lowest figure... READ MORE

Digital lender joins Nectar’s lending panel
by Adrian Suljanovic • 14 Dec 2022
WLTH has entered a new partnership with the broking franchise, expanding its broker network and product suite to over... READ MORE