Breaking News
ASIC warns ‘failures are on the horizon’ for private credit market
by Will Paige • 26 Feb 2025
The regulator is increasing its focus on private credit in an effort to identify risks.
READ MORE28% of brokers emotionally impacted by clawbacks
by Annie Kane • 26 Feb 2025
As well as having a cash flow impact, more than a quarter of brokers have said that clawbacks are negatively affecting... READ MORE
CAFBA launches commercial finance education platform
by Annie Kane • 26 Feb 2025
A new education platform designed to provide a comprehensive education on commercial and asset finance loan writing has... READ MORE
Bankwest updates app, website, and broker portal
by Annie Kane • 26 Feb 2025
A new website, app, and new-look broker portal have been rolled out by Bankwest as it continues its transformation as a... READ MORE
ubank upgrades broker platform after seeking out user feedback
by Will Paige • 26 Feb 2025
The digital bank has responded to user feedback to improve its mortgage broker platform, with a new portal set to... READ MORE
House prices ‘now clearly slowing’: NAB
by Will Paige • 26 Feb 2025
House prices are slowing across Australia, the major bank has warned during an economics webinar.
READ MORENew SME franchise brokerage launches
by Will Paige • 25 Feb 2025
A new franchise brokerage, Co-Pilot Finance and Insurance (CPFI), has been launched to create a network of... READ MORE
Brokers celebrate Qld stamp duty waiver for FHBs
by Will Paige • 25 Feb 2025
Members of industry have welcomed the passage of a bill that abolishes stamp duty on all new homes for first-time... READ MORE
Liberty Financial Group reports diverging originations
by Annie Kane • 25 Feb 2025
While the financial services group continued to grow its residential and SMSF loan originations in 1H24, motor finance... READ MORE
Brokers to reveal secrets to their success at the Better Business...
by Arabella Walton • 25 Feb 2025
Discover the strategies that have propelled Australia’s top brokers to success in a live recording of the Elite... READ MORE
NAB launches multiple mortgage offsets amid growing demand
by Will Paige • 24 Feb 2025
The major bank has introduced a multiple offset feature in response to growing broker and customer feedback.
READ MOREBig bank turnarounds hit record speeds: Broker Pulse
by Annie Kane • 24 Feb 2025
The time it took for larger banks to reach an initial credit decision on broker applications hit a new record in... READ MORE
Quickli rolls out white label tech for broker websites
by Annie Kane • 24 Feb 2025
The mortgage serviceability fintech has launched five new, white label widgets for broker websites to help brokers... READ MORE
Majors urged to ‘reconsider’ their ‘troubling’ banker bonuses
by Annie Kane • 21 Feb 2025
A parliamentary review of the big four banks has urged the majors to ‘reconsider’ high sales bonuses paid to stop... READ MORE
CBA updates broker tier offering
by Annie Kane • 21 Feb 2025
The major bank has tweaked its broker tiering system to better reflect the needs of its Platinum, Elite, and Essential... READ MORE
Lendela names new CFO and CTO amid Australia expansion push
by Will Paige • 21 Feb 2025
The lending fintech has announced two major executive leadership appointments amid a push to expand in... READ MORE
Connective promotes exec to head of commercial and asset finance
by Will Paige • 21 Feb 2025
The aggregator has expanded the leadership role of its asset finance division’s head.
READ MOREHot Property: The biggest property headlines from the week 17–21...
by Ben Squires • 21 Feb 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 21... READ MORE
Coalition pledges to reform lending
by Annie Kane • 20 Feb 2025
The Coalition would reform prudential settings, including by adjusting serviceability requirements and expanding... READ MORE
APRA seeking feedback on student debt repayment reforms
by Will Paige • 20 Feb 2025
The regulator has written to banks for feedback on proposed changes to student debt repayments.
READ MOREBroking industry tells NSW Parliament why payroll tax should be...
by Annie Kane • 20 Feb 2025
Broker associations and aggregators have responded to the NSW Parliament’s review of payroll tax, urging the... READ MORE
Judo Bank reports record new lending
by Ben Squires • 20 Feb 2025
The SME challenger bank has reconfirmed its FY25 profit guidance after reporting a record $2.3 billion in new... READ MORE
Bendigo and Adelaide Bank reports strong first-half residential...
by Will Paige • 20 Feb 2025
The non-major saw strong growth in its residential loan book in 1H25, achieving its biggest increase in six... READ MORE
Brokers must adjust to growing financial strain on borrowers
by Will Paige • 20 Feb 2025
Rising levels of financial stress are changing the role of brokers, according to research from Wisr.
READ MOREFinsure expands broker support operations
by Ben Squires • 20 Feb 2025
The aggregation group’s global expansion has been designed to provide extra support for its growing broker... READ MORE
Newly merged banking group announces new leaders
by Annie Kane • 19 Feb 2025
A new management team has been unveiled as the merger of MyState Bank and Auswide Bank officially... READ MORE
Expected surge in refinancings could unlock broker opportunities
by Will Paige • 19 Feb 2025
More than half of mortgagors plan to refinance in the next two years to take advantage of rate cuts, according to FBAA... READ MORE
Lenders confirm they will pass through rate cuts
by Annie Kane • 18 Feb 2025
Major banks and several other lenders have already announced that they will pass through the full 25-bp rate cut to... READ MORE
RBA cuts cash rate for first time in 4 years
by Will Paige • 18 Feb 2025
The central bank has revealed in its first meeting of the year that it will drop the cash rate for the first time since... READ MORE
Majority of mortgagors won’t change repayment amounts
by Annie Kane • 18 Feb 2025
More than two-thirds of borrowers intend to maintain their current repayment amounts even as interest rates... READ MORE

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