Breaking News
Millennials call for more housing regulation
by Malavika Santhebennur • 28 Jul 2021
A survey has revealed that almost three-quarters of Millennials said they believe the housing market needs more...READ MORE
ASIC levy reflects ramped up enforcement: FBAA
by Sarah Simpkins • 27 Jul 2021
ASIC’s raised industry funding levies reflect higher enforcement against brokers and could add to other increasing... READ MORE
Lockdowns threaten business loan demand: Equifax
by Malavika Santhebennur • 27 Jul 2021
Construction and retail trade have fuelled business loan growth in the June quarter but the recovery of these... READ MORE
48% of home loan applicants frustrated by paperwork
by Sarah Simpkins • 27 Jul 2021
The majority of Australian borrowers think applying for a home loan is a tedious process, with a new survey finding... READ MORE
Westpac fundies cop $3m penalty over fees for no service
by Sarah Simpkins • 27 Jul 2021
The Federal Court has imposed civil penalties totalling $3 million against two Westpac investment businesses, for... READ MORE
Joust launches broker-borrower matching service
by Annie Kane • 26 Jul 2021
The online home loan auction platform has launched a new matching tool that connects brokers and... READ MORE
Prospa boosted by business sentiment rise
by Sarah Simpkins • 26 Jul 2021
Prospa managed a personal best of $182.7 million in loan originations during the June quarter, with the business lender... READ MORE
Brokers must vaccinate: FBAA
by Sarah Simpkins • 26 Jul 2021
The Finance Brokers Association of Australia has urged brokers to get vaccinated, in the interests of protecting the... READ MORE
Sherlok celebrates $1m milestone
by Annie Kane • 26 Jul 2021
The repricing and refi tool for brokers has reportedly saved broker clients more than $1 million since launching in... READ MORE
AFG-Connective merger unlikely to complete
by Annie Kane • 23 Jul 2021
The aggregator has flagged that delays from the courts in delivering a judgement on its proposed merger with Connective... READ MORE
Fintech calls for SME Recovery Loan Scheme extension
by Annie Kane • 23 Jul 2021
The non-bank lender is calling on government to extend its SME Recovery Loan Scheme given the ongoing... READ MORE
BOQ reshuffles board following ME Bank acquisition
by Annie Kane • 23 Jul 2021
Following the completion of its acquisition of ME Bank, BOQ Group has announced changes to its board.
READ MOREBanjo expands NSW BDM team
by Annie Kane • 23 Jul 2021
The SME lender has welcomed a former CBA analyst to its NSW broker team as a business development manager.
READ MOREHot Property: The biggest property headlines from the week 19 to 23...
by Malavika Santhebennur • 23 Jul 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 23... READ MORE
Domain Home Loans names CEO
by Sarah Simpkins • 22 Jul 2021
A former BrickX boss and Deloitte partner has taken the reins at Domain’s mortgage broking arm.
READ MORECBA revamps third-party strategy
by Annie Kane • 22 Jul 2021
The major bank has said it has improved turnarounds, hired more staff, and updated its tech stack as part of its... READ MORE
Pepper expands commercial BDM team
by Annie Kane • 22 Jul 2021
The non-bank lender has welcomed two new business development managers to its Victorian team and established... READ MORE
Effi launches loan product search API
by Malavika Santhebennur • 22 Jul 2021
The mortgage broking fintech has unveiled a product search API to allow brokers to access product data on home loans... READ MORE
Unmet demand for SME credit tipped at $120bn
by Sarah Simpkins • 22 Jul 2021
Judo Bank’s chief has told a parliamentary committee that the banking sector is in desperate need of a boost in... READ MORE
Heritage Bank urges ramp-up of vaccinations
by Sarah Simpkins • 22 Jul 2021
Heritage Bank’s chief has called for the government to accelerate COVID vaccinations and avoid any further economic... READ MORE
Ebury partners with business lender
by Malavika Santhebennur • 21 Jul 2021
The Australian arm of the global FX fintech has partnered with Earlypay to provide SMEs and brokers access to a wider... READ MORE
Finspo nabs Credo
by Sarah Simpkins • 21 Jul 2021
A digital mortgage broker run by former big four executives has acquired Melbourne brokerage... READ MORE
Lendi Group, lenders offer paid vaccine leave
by Malavika Santhebennur • 21 Jul 2021
Lendi Group, lenders and other businesses have pledged to offer paid COVID-19 vaccination leave for all permanent... READ MORE
ASIC releases reference checking protocol for mortgage brokers
by Annie Kane • 20 Jul 2021
The financial services regulator has released its protocol and guidance documents to help credit licensees comply with... READ MORE
CBA reduces accreditation barrier, updates tiers
by Annie Kane • 20 Jul 2021
The big four bank is now allowing brokers with one year of experience to write loans with the bank, and has updated its... READ MORE
Turnarounds show green shoots of improvement
by Annie Kane • 20 Jul 2021
The time to initial credit decision appears to be improving, with the latest Broker Pulse survey showing more lenders... READ MORE
Westpac offers SME COVID cash flow support
by Malavika Santhebennur • 20 Jul 2021
The major bank has announced a new measure to support existing SMEs with cash flow if revenue has reduced due to... READ MORE
Broking sector unpacks macro policy impact on property
by Malavika Santhebennur • 20 Jul 2021
Low borrowing costs and assessment rates in the home loan market could pose risks to borrowers when asset prices return... READ MORE
MyBudget scrambles for AFS licence after ASIC probe
by Sarah Simpkins • 20 Jul 2021
Budgeting provider MyBudget has applied for an Australian financial services licence, after a recent ASIC... READ MORE
AMP dodges criminal charges in fees-for-no-service investigation
by Sarah Simpkins • 19 Jul 2021
ASIC has decided to end an investigation into alleged criminal conduct by an AMP financial advice business, relating to... READ MORE

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