Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

Gateway reports 21% growth in mortgage book
by reporter • 22 Jun 2022
The mutual bank surpassed the $1 billion mortgage mark this financial year, after delivering annualised growth of 21... READ MORE

NSW confirms stamp duty reforms from 2023
by Annie Kane • 21 Jun 2022
First home buyers in NSW will be able to choose between an upfront payment or a smaller annual property tax from next... READ MORE

Plug gaps in broker regulations, says MFAA
by Sarah Simpkins • 21 Jun 2022
The industry body has urged the government to touch up recent reforms made across reference checking, breach reporting... READ MORE

Non-bank founder, former CEO joins Joust board
by • 21 Jun 2022
The home loan fintech has grown its non-executive team with two new appointments, one of which being MoneyPlace founder... READ MORE

Qld announces affordable housing partnership
by reporter • 21 Jun 2022
More than 1,200 social and affordable homes are to be built in Queensland as part of a new commercial partnership... READ MORE

NSW to trial shared equity home ownership scheme
by Sarah Simpkins • 20 Jun 2022
The state will trial helping certain key workers, single parents and older singles buy homes in a new $780.4 million... READ MORE

Web of definitions weighing down financial services law: ALRC
by Sarah Simpkins • 20 Jun 2022
Industry players have backed a call to simplify definitions across financial services legislation, with broker bodies... READ MORE

Turnarounds take back seat following stabilisation
by Annie Kane • 20 Jun 2022
Brokers are now less driven to choose a lender based on turnarounds, as time to initial credit decision has improved... READ MORE

Latitude, Humm call off HCF acquisition
by • 20 Jun 2022
The arrangement, which would have seen Latitude acquire Humm’s consumer finance arm, has been terminated, with both... READ MORE

Money3 funding cap rises to $665m
by • 20 Jun 2022
The vehicle finance specialist has confirmed that it has received new mezzanine funding, boosting its funding ceiling... READ MORE

Rate-decreasing loan launched for SMEs
by Annie Kane • 17 Jun 2022
SMEs with good repayment histories will see loan rates drop by 25 bps every six months as part of an “Australian... READ MORE

9/10 Australians confident brokers have best interests at heart
by • 17 Jun 2022
The majority of borrowers see brokers as being tuned in to their needs with borrowing and refinancing, according to... READ MORE

Hot Property: The biggest property headlines from the week 13-17 June
by Reporter • 17 Jun 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 17... READ MORE

Wisr prices second ABS transaction
by reporter • 17 Jun 2022
The non-bank lender has priced a $250 million asset-backed securities transaction to help it scale and reduce its cost... READ MORE

Mortgage affordability hits lowest point since 2011: Bluestone
by Sarah Simpkins • 16 Jun 2022
Australians’ ability to afford a home loan deteriorated over April, breaking a two-month spell of improvement. READ MORE

Majority of borrowers prepared to change loans over rates
by • 16 Jun 2022
More than half of borrowers are willing to make changes to their home loans to accommodate increasing rate hikes,... READ MORE

Platform Finance welcomes national sales manager

by Annie Kane • 16 Jun 2022
The asset finance aggregator has hired a former broker and senior BDM as its new national sales manager to help drive... READ MORE

Calls to combat financial elder abuse
by • 15 Jun 2022
The rising cost of living and COVID-19 have sparked fresh concerns over financial elder abuse and financial literacy. READ MORE

Calls rise for stamp duty overhaul ahead of NSW reform
by Annie Kane • 15 Jun 2022
With NSW expected to announce changes to the “worst tax” next week, calls are rising for other states to follow... READ MORE
Kon Shizas

Finsure announces new head of operations
by • 15 Jun 2022
The mortgage aggregator has appointed Kon Shizas to lead its “growing network” of 2,400 brokers. READ MORE
Paul Evans

Prospa welcomes next southern regional manager
by • 15 Jun 2022
The SME lender has appointed its next manager to support broker partners across Victoria, Western Australia, South... READ MORE

Household spending eases amid rate hikes: CommBank
by • 15 Jun 2022
Australians appear to be spending less on discretionary items as interest rates hike.  READ MORE

Broker value amplified in rising rate environment
by Annie Kane • 14 Jun 2022
OPINION The invaluable role that brokers play in providing mortgage and credit advice, budgeting help and emotional... READ MORE

Resimac welcomes new WA and SA BDMs
by Annie Kane • 14 Jun 2022
A former Pepper BDM and a former Prospa BDM have joined Resimac’s business development team in South Australia and... READ MORE

Former Humm chair expands stake in company
by • 14 Jun 2022
The lender’s founder and former chair has increased his stake, less than one month after he flagged his opposition to... READ MORE